There is growing trepidation in immigrant communities across the United States as President Trump appears to be making good on his campaign promises to crack down on undocumented immigrants. Stemming from one of Trump’s executive orders, nearly 700 people were arrested in immigration raids across 12 states.
As we have noted in prior posts, the commercial real estate market in New York City is poised to grow in 2017. Even with such optimism, it is critical for lenders to properly vet potential investments. Similarly, this growth is also attracting private money lenders. There are several indicators supporting this trend. This post will highlight a few.
With the optimism in New York City’s real estate market, it is no surprise that foreign real estate investment is expected to grow in 2017. After all, more commercial property is becoming available (and more valuable). This cycle continues to attract buyers coming from abroad (primarily through foreign investment funds).