The Traderszone Network

Published in TZ Latest News 2 August, 2016 by The TZ Newswire Staff

Joe Sitt: Chinese investors still love NY real estate

Despite a brief lull, Chinese interest in U.S. commercial real estate is still strong, according to Thor Equities CEO Joseph Sitt. “We saw a slowdown about six months ago, when China went through that little bump in the road, but now I am starting to see it going reverse,” he told Bloomberg in a TV interview Monday. But while investor interest is back, Chinese savers are now looking increasingly for stable assets, Thor claimed. “People aren’t … [more]

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