You miss 100 percent of the shots you never take, and if you think it’s expensive to hire a professional to do the job, wait until you hire an amateur. FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU. Call me if you want to sell your property and need an estimated value. Phone / Prefer cell: 520-975-5207
Office: 480-948-5554 or email me walterunger@ccim.net. – What is a CCIM.
In Business and in Life you don’t get what you deserve, you get what you Negotiate.
contact me if you want the me to get you the value of your property.
CLICK HERE TO VIEW ALL MY LISTINGS.
Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?
Walter Unger CCIM – cell: 520-975-5207 – walterunger@ccim.net
Favored Property Types Include Multifamily, Life Science and Industrial, According to Annual Survey
By Mark Heschmeyer CoStar News April 22, 2022 | 12:13 P.M.
Foreign investors were net sellers of U.S. properties in the first quarter of the year as they anticipate another strong year of acquisitions.
Selling in the first quarter of a year is not uncommon for foreign investors, according to CoStar data, and they have been net sellers seven times in that period over the past 14 years.
The selling activity follows record buying activity in the fourth quarter and for all of 2021 combined. Foreign investors participated in $32.3 billion in purchases in the fourth quarter, according to CoStar data, and $73 billion for the year.
Overall, foreign investors have been net buyers every year for the past 14 years going back to the end of the Great Recession. That pattern is expected to continue this year, according to the Association of Foreign Investors in Real Estate, which just released its annual International Investor Survey.
“We asked investors if they were expecting to be a net buyer or net seller. A majority of them expect to be a net buyer,” Gunnar Branson, CEO of AFIRE, said in an email to CoStar News. “They usually have dispositions in any given year, but this year, new acquisitions are expected to exceed any sales.”
The international investor outlook for U.S. properties remains positive in the midst of an economy slowed by the pandemic, global tension after Russia’s invasion of Ukraine, escalating inflation and the Federal Reserve’s plan to fight that inflation by raising bank borrowing rates, according to AFIRE.
About 75% of respondents to the survey said they expect their volume of investment activity and revenue growth to increase over the coming year, and they expect to do so in a big way. Roughly 80% estimated they will be allocating up to $5 billion for U.S. investment in 2022.
This positive outlook is underscored by a majority acceptance — 8 out of 10 — that many cultural fundamentals have been permanently changed by the prolonged pandemic, according to AFIRE.
Shift From Large US Markets
The survey, conducted in February, reveals institutional insight and intent toward future real estate investment, recognizing the altered attitudes toward live-work preferences among U.S. cities coming out of the prolonged pandemic. Investors also indicated a sustained shift away from the largest U.S. markets for planned investment this year.
“We now have a clearer picture on the longer-term impact of the pandemic on real estate investment, with altered cultural attitudes and sustained strength in investment in secondary and tertiary U.S. cities, led by Austin, Atlanta, Boston and Dallas,” Branson said.
Against a ranking of global cities, respondents selected the Texas capital of Austin, Atlanta and Boston as the top three cities for planned global investment in 2022. London is the only non-U.S. city in the top five, followed by New York and Seattle. Last year’s top three were Austin, Boston and Dallas.
Among the preferred property types in the coming year, international investors said they favored increasing investment in multifamily, life sciences and industrial assets. They gave an overall positive outlook for U.S. real estate, according to the survey.
In the first quarter, global investors bought $2.2 billion of U.S. industrial properties and $1.88 billion of multifamily properties, according to CoStar data.
Office property purchases also were prevalent in the first quarter with $2.15 billion in deals. The largest foreign acquisition in the first quarter was South Korea’s Hana Alternative Asset Management teaming with Vision Properties of New Jersey to buy the 431,281-square-foot 70 Hudson St. office building in Jersey City, New Jersey, for $300 million
However, that did not come close to the amount of such properties international investors sold, which was $5.84 billion, according to CoStar data. That was the largest segment by a wide margin. The next largest property types sold were multifamily at $1.92 billion; hospitality at $1.84 billion; and then retail at $1.01 billion.
The largest sale posted in the first quarter was Canada’s Oxford Properties selling to Google St. John’s Terminal, a 1.3 million-square-foot office condominium still under construction at 532-564 Washington St. in New York for $2.1 billion.
FROM ME: FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. Now is the time, if you are thinking of selling or purchasing your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County, Pinal County, Arizona / Office / Retail / Industrial / Multi-family / please call me on my cell 520-975-5207 or e-mail me walterunger@ccim.net. Investors and Owner / Users need to really know the market today before making a move. The market has a lot of moving parts. What is going on socio-economically, what is going on demographically, what is going on with location, with competing businesses, with public policy in general — all of these things affect the quality of selling or purchasing your Commercial Properties, Commercial Investment Properties and Commercial and large tracts of Residential Land Therefore, you need a broker, a CCIM (Certified Commercial Investment Member) who is a recognized expert in the commercial and investment real estate industry and who understands your needs. I am marketing my listings on Costar, Loop-net, CCIM, CREXi, Catylist, and various other web sites. I also sold hundreds millions of dollars’ worth of Investment Properties / Owner User Properties in Retail, Office Industrial, Multi-family and Land in Arizona and therefore I am working with brokers, Investors and Developers. I am also a CCIM and through this origination ( www.ccim.com ) I have access to marketing not only in the United States, but also international
What is a CCIM. In Business and in Life you don’t get what you deserve, you get what you Negotiate.
contact me if you want the me to get you the value of your property.
Walter Unger CCIM – cell: 520-975-5207 – walterunger@ccim.net
Click here to find out what is a CCIM:
CLICK HERE TO VIEW ALL MY LISTINGS.
Are you ready to sell or purchase your Land or Commercial Building in Phoenix, Scottsdale, Maricopa County and Pinal County, Arizona, please call me?
Walter Unger CCIM cell: 520-975-5207 walterunger@ccim.net
Walter Unger CCIM
Associate Broker
West USA Commercial Division
7077 E MARILYN RD.
Suite 200, Building 4.
Scottsdale AZ, 85254
Phone: 480-948-5554
Cell: 520-975-5207
History of Arizona from 900 BC – 2017 -Timeline.
History of Arizona from 900 BC – 2017 -Timeline.
History of Arizona from 900 BC – 2017 -Timeline.
WHY PHOENIX? AMAZING!!! POPULATION IN 1950 – 350 K PEOPLE; “NOW 5 MIL”. – “5TH. BIGGEST CITY IN USA”
- DEMOGRAPHIC FACTS ABOUT MARICOPA COUNTY:
Walter Unger CCIM – walterunger@ccim.net – 1-520-975-5207 – http://walter-unger.com
Timeline of Phoenix, Arizona history
Facts of Arizona – year 1848 to 2013
CLICK HERE: Arizona Opportunity Zones As We Understand /maps. Interested!!! Please contact me.
Feel free to contact Walter regarding any of these stories, the current market, distressed commercial real estate opportunities and needs, your property or your Investment Needs for Comercial Properties in Phoenix, Tucson, Arizona.
Walter Unger CCIM
Associate Broker
West USA Commercial Division
7077 E MARILYN RD.
Suite 200, Building 4.
Scottsdale AZ, 85254
Phone: 480-948-5554
Cell: 520-975-5207
FOR OVER 20 YEARS, I HAVE WORKED EXTENSIVELY WITH OWNERS AND BUYERS IN LAND, COMMERCIAL AND INVESTMENT REAL ESTATE IN PHOENIX, TUCSON AND THROUGHOUT ARIZONA. PLEASE LET ME KNOW HOW I CAN HELP YOU PLEASE CALL ME
CLICK HERE TO VIEW ALL MY LISTINGS.
Also Call me if you need an estimated value of your Property.
Call me if you want to see a map with what is in the Construction Pipeline for Apartments.
Prefer cell: 520-975-5207, or email me walterunger@ccim.net. CLICK HERE TO VIEW ALL MY LISTINGS.
Check out my professional profile and connect with me on LinkedIn.
Walter Unger CCIM, CCSS, CCLS
I am a successful Commercial / Investment Real Estate Broker in Arizona now for 20 years. If you have any questions about Commercial / Investment Properties in Phoenix or Commercial / Investment Properties in Arizona, I will gladly sit down with you and share my expertise and my professional opinion with you. I am also in this to make money therefore it will be a win-win situation for all of us.
Please reply by e-mail walterunger@ccim.net or call me on my cell 520-975-5207
Reasons to Consider me for Commercial Referrals
Delivering the New Standard of Excellence in Commercial Real Estate
- Commercial Real Estate Scottsdale
- Commercial Real Estate Phoenix
- Commercial Real Estate Arizona
- Commercial Investment Properties Phoenix
- Commercial Investment Properties Scottsdale
- Commercial Investment Properties Arizona
- Land Specialist Arizona
- Arizona Land Specialist
- Land Specialist Phoenix
- Phoenix Land Specialist
- Land For Sale Phoenix
- Land for sale Arizona
- Commercial Properties For Sale Phoenix
- Commercial Real Estate Sales Phoenix
- Commercial Properties Phoenix
- Commercial Properties Arizona
- Commercial Land Specialist Phoenix
- Commercial Land Phoenix
- Multifamily land Phoenix
- Retail Land Phoenix
- Industrial Land Phoenix
- Land Commercial Phoenix
- Land Retail Phoenix
- Land Industrial Phoenix
- Land Multifamily Phoenix
- Industrial Land for sale Phoenix
- Land Industrial
- P
- Investment Real Estate
Disclaimer of Liability
The information in this blog-newsletter is for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.