According to a recent survey from the Association of Foreign Investors in Real Estate, Boston was rated among the top U.S. cities for foreign real estate investors. The poll collected responses of AFIRE’s 200 member firms, made up of both foreign investors and investment advisory firms. Boston tied with Seattle for fifth place among U.S. cities, behind New York, Los Angeles, San Francisco and Washington, D.C.
“It’s got all the things that they like,” referring to foreign investors, James Fetgatter, AFIRE’s CEO, stated. “Its barrier to entry is very high. It has a vibrant urban core. It’s got the educational institutions. And for the Europeans, it looks like a European city. … That’s a subtle thing, but certainly for the Germans and the other European investors, it’s a city that they can feel comfortable in.”
