Saturday, June 29, 2013

Chinese Investors Pursue U.S. Property Deals

NYTimes.com:

First, it was the Japanese. Money men from Tokyo blew into the United States to buy famous pieces of the American landscape, from Rockefeller Center in New York to the Pebble Beach Golf Links in California.

Now, about a quarter-century later, another set of deep-pocketed foreign buyers is pushing ever deeper into United States real estate: the Chinese.

Full article