In 2017, Los Angeles dethroned New York City as the first stop for foreign capital in the United States. For the first time ever, the city bested its East Coast counterpart as the top destination for overseas money, raking in nearly $23 billion in investments last year.
In the commercial sector alone, foreign investors pumped more than $8.28 billion into Los Angeles County in the last two years.
So which countries are placing their bets on L.A.? Check out the slideshow to see where foreign capital is pouring in from, and be sure to read The Real Deal’s October 2017 issue story, ‘“Foreign inflows.”