In the early to mid-2010s, China-based investors flooded the coffers of U.S. commercial real estate. Multiple forces aligned to make the country the No. 1 foreign investor in the U.S. American real estate was hot, and the countries were fairly friendly as globalization ruled daily political discourse with minimal pushback.
A lot has changed since then. Investment from China has plummeted, and the political relationship between the U.S. and China is different. Don t expect a new administration to change all of that. The coronavirus pandemic and its economic aftermath have placed more public scrutiny on China, which could continue to affect CRE investment flow between the two countries.