Check out Xinyi McKinny, MBA 2017, in the Wall Street Journal!
Here is an excerpt from the article, Chinese Exiting U.S. Real Estate :
Some Chinese investors are still interested in the U.S. real-estate market. But rather than pursuing soaring skyscrapers or luxury hotels, they have focused on more mundane properties, such as warehouses and smaller retail buildings such as convenience stores that offer steadier returns.
While transactions above $1 billion now look like a thing of the past, there is still Chinese interest in real-estate projects, said Xinyi McKinny, senior managing director of China Direct Investment at property consulting firm Cushman & Wakefield.
“Investors are more returns-driven versus before, when it was ‘I want to own the most expensive building in downtown New York or downtown San Francisco,’” she said
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