U.S. Real-Estate Attracts Foreign Investors/Developers

Foreign investment in U.S. real estate totaled $45 billion in 2014, according to the research done by Real Capital Analytics. Developing U.S real estate has been a popular option for foreign investors more recently because of the high yields of 7-8% on their investment, compared to other bonds that produce returns of around 2%. Asian and Middle Eastern corporations are outbidding U.S. groups to fund developments in New York City and L.A. These overseas development companies are looking to diversify their real-estate portfolios as well as diversify the economy they are placing their funds in. Though developing a property is a riskier choice when compared to purchasing an existing leased property, foreign investors are chasing the higher returns that can exist with building a new development in a prime location. 

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Virginia MacKoul

Virginia is a graduate from the University of Florida's College of Design Construction and Planning with a degree in Sustainability and the Built Environment, and a minor in Urban Regional Planning. Virginia joined the Front Street team in 2011, as an intern. Upon graduation, Virginia joined the Front Street team full-time as the Director of Client Services. Ms. MacKoul’s addition furthers Front Street’s continued growth and expansion within Gainesville and other North Central Florida markets. She was promoted to Director of Marketing in 2014 and now manages the firm’s team of interns and oversees all marketing and branding activity. Virginia was born in Boston and moved to Lee County, Florida in 1997. Virginia graduated her high school's International Baccalaureate program and started at the University of Florida with a focus on Architecture. Virginia shares Front Street's passion of giving back to the community and those in need. Virginia's hobbies include photography, cooking, football, movies, music, and spending time with her dog, Brinkley.

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