Chinese investment into US real estate has been significant in recent years, but it has declined since 2016, mainly due to Chinese government-issued capital controls. But even as Chinese investment in US real estate has seen a recent decline, overall cross-border investment in the United States continued to climb in second quarter 2018.

Other foreign investors have been filling the gap created by the Chinese pullback, and these cross-border investors seem to be looking more to secondary markets to place capital.

Chinese investment takes a step back

For the past several years, the United States has seen an increase in investments from China. Recently, however, capital controls have dictated a pullback by Chinese investors.

After hitting a high in 2016, Chinese investment
in the United States declined significantly in
2017, according to Cushman & Wakefield’s China-US Inbound Investment Capital Watch report. Chinese inves