South Korean Investors are Eyeing U.S. Commercial Real Estate During COVID-19

While some investors are pulling back from the U.S. in recent years due to local capital controls or fears over the pandemic, South Korean investors’ interest in U.S. commercial real estate has been rising.

Head of international capital markets at real-estate services firm Newmark Alex Foshay says, “Korean investors feel right now that they have a window of opportunity where there is not the usual level of competition in the U.S. market.”

Read WSJ’s full article here.