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Turkey Crisis | Turkish Buyers Us Real Estate

by therealdeal.com posted 9months ago 28 views
As Turkey’s meltdown continues, so do fears that it could turn into a broader emerging-market malaise. But in the U.S. commercial real estate industry, the crisis hasn’t caused any jitters — and with good reason. Companies from Turkey have bought just $231.4 million worth of commercial properties in New York City since 2000, according to data from research firm Real Capital Analytics. And even if the crisis spills over into other vulnerable emerging economies like ... [more]

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