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AFIRE Survey Ranks LA, DC as Top U.S. Markets for CRE Investment
Los Angeles, Washington, DC, Seattle, Dallas and New York City are the top U.S. cities for investment in 2024, according to the latest AFIRE International Investor Survey. That being said, if given the option of investing with “fresh books” in a city, the largest number of global investors selected Charlotte as a priority market, followed by Dallas and New York.
Survey respondents took a bullish attitude toward U.S. commercial real estate, although their appetite varied by property type. Eighty-four percent of respondents see growth potential in U.S. real estate, outpacing all other regions of the globe by more than 30%, said the AFIRE survey.
Prepared in partnership with Ferguson Partners and underwritten by Holland Partner Group, the survey saw only modest fluctuations in regional allocations, with APAC possibly gaining a small share. “Despite these modest changes of geographic distribution, investors are largely planning on increased allocations in 2024, compared to 2023,” according to the survey. “Allocations to U.S. real estate (60% net increase) will be greater than allocations to real estate in other regions (35% net increase).”
- ◦Sale/Acquisition
