British Investor See’s US Commercial Deals Like After the S&L Crisis
It looks like the combination of a weak dollar and softening commercial market are creating opportunities for overseas investors to come in and buy cheap.
Capitalism is funny that way; money and assets will always be looking for value and what may not be a value for United States residents right now may be one for international investors.
Tchenguiz intends to invest as much as £200 million, or $411 million, globally over the next three years buying commercial property assets, including stores, offices and possibly debt.
“Some of the biggest opportunities will be in the U.S.,” the Iranian-born British entrepreneur said during an interview in London. “A big amount of property is going to get reshuffled in the U.S.”
The shortage of liquidity in credit markets following the subprime mortgage crisis in the United States has pushed up the cost of borrowing, prompting a fall in property values and putting borrowers who need to refinance debt under pressure from their lenders.
The opportunities that would present themselves in the United States in the next few months are likely to resemble those arising from the U.S. savings and loans crisis in the 1980s, Tchenguiz said. via International Herald Tribune.
My wife has actually decided to study for and get her real eatate licence just so we dont ever have ...
I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
Great to hear that the big boys
are predicting recovery sooner than
most think.
Thanks for the value! 
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