October 14, 2016
A report from JLL found that foreign capital continues to flow into Orange County, CA. Over the last 24 months, $2.1-billion in foreign capital was placed in the county’s CRE assets.
Industrial assets accounted for $1.2-billion of total foreign investment, primarily from Canada ($491.8 million) and Singapore ($505.2 million).
The largest individual transactions recorded were in the hotel sector, led by Chinese funding, with the purchases of the Ritz Carlton Laguna Niguel ($396.3 million), Montage Laguna Beach ($252.1 million), and Hyatt Regency Garden Grove ($136.1 million).
South Orange County was one of the top places where foreign capital landed, as well as mid-county.
Capital investment by country (top 3)
- China $890.4M
- Canada $539.5M
- Singapore $505.2M
Capital investment by asset type
- Industrial $1.2B
- Hotel $831.5M
- Office $205.9M
- Retail $48.4M
For comments, questions or concerns, please contact Dennis Kaiser