From the New York website: Panelists at The Real Deal‘s New Development Forum & Showcase on May 12 predicted a second wave of Chinese investment in New York City real estate, following a record year of capital flow that saw more than $3 billion pumped into the market.
Xinyuan Real Estate’s John Liang, Allied Capital and Development president Nicholas Mastroianni, EB-5 immigration lawyer Mona Shah, Kuafu Properties’ Jeffrey Dvorett and Sotheby’s International broker Nikki Field joined TRD Editor-in-Chief Stuart Elliott for a discussion on foreign investment, which is helping fuel the rapid growth of New York City’s real estate market. In the above video, our panelists riff on the future of EB-5 financing, how brokers can appeal to foreign buyers and more. — TRD