Here’s how Chinese real estate investors and NYC broke up
Chinese companies were paying record-breaking sums for Manhattan trophy buildings not too long ago. They have since retreated from...
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National
Chinese investors sold $1B in US real estate in Q3
Chinese investors keep retreating from the U.S. real estate market. They offloaded more than $1 billion in U.S. properties...
National
British Columbia, flooded with Chinese money, to track condo buyers
The Canadian province of British Columbia is taking another step to crack down on tax evasion through real estate,...
National Cheat Sheet: Flooding threats hurting coastal home prices, CBRE gets into coworking … & more
Concerns over flooding and climate change hurting pricing of coastal homes Homes in coastal areas with high flooding risks have appreciated slower than inland...
Archive
The death of the all-cash Chinese buyer
Late last year, Steven Ho saw alarm bells on social media: The Chinese government was gearing up for a major crackdown on foreign investment, and on messaging platforms such as WeChat and Line, Ho’s friends...
Archive
Chinese investors want their money back.
UPDATED, Jun. 19, 12:18 p.m.: When eager Chinese citizens invested in the Times Square Edition Hotel through the EB-5 visa program roughly four years ago, they expected to secure green cards within five years. But...
Weekend Edition
HK-backed InnVest Hotels searching for US assets to escape “frothy” Canadian market
One of Canada’s largest hotel companies backed by Chinese capital is looking for an opportunity to buy south of the border. InnVest Hotels LP...
Weekend Edition
Double agent: Vancouver developer spins two different stories about soaring prices
It seems Westbank tried to have its cake and eat it too. According to the South China Morning Post,...
Weekend Edition
Chinese investment in London’s skyline is a shadow of what it was
All good things come to an end–at least until there’s some closure on Brexit. The Financial Times reports Chinese...
The end of New York real estate’s flashiest buyer: Anbang’s ex-chair Wu Xiaohui gets 18 years in prison
Wu Xiaohui, the former chairman of Anbang Insurance Group, has been sentenced to 18 years in prison after being convicted by a Chinese court...