October 14, 2016 Comments Off on Foreign Capital Finds a Home in The OC Views: 1279 California News, Orange County, West

Foreign Capital Finds a Home in The OC

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

Connect with JLL Research

For comments, questions or concerns, please contact Dennis Kaiser

Tags: , , , ,

Comments are closed.