The flood gates have opened. There has been a huge uptick of foreign investment in Boston properties. According to a Boston Herald article on the topic, investment from foreign buyers has more than tripled last year to reach $4.2 billion in Boston’s commercial real estate market.
Similarly a Banker & Tradesman article discusses the rise in foreign investment in residential real estate in Boston. It is driving up the costs of condominiums around the city. Many of the residential investments are buying luxury properties with pricing approaching $2,500 per square foot!
Our brokerage is managed by brokers who are also lawyers. We understand the needs and business aspects of investment properties. If you or someone you know is thinking about purchasing a property for investment, whether a single unit, a multi-family, or a luxury condo, work with our team who will help you find or lease out your investment.