From the desk of Ben A. Briggs, Executive Vice President, Greater China

Summer travel: Investor Visits

We have sold or put into contract around a dozen properties in the past two months, hosted a client visiting a $700 million Manhattan office building, signed a contract for a 200-unit multifamily development, and have helped organize U.S. investment tours. Chinese investors are making headlines in Boston, Seattle, Texas, California, Florida and across the globe. The demand is palpable. I’m going to be in the U.S. through July. Please email me so we can meet up.

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$15 million LA or Las Vegas development
Client seeking LA or Las Vegas development project with equity opportunity of $10 million-$20 million capital aiming for about 20 percent annual return.

$20 million multifamily
Chinese real estate private equity funds are seeking multifamily development opportunities with strong return in gateway cities or otherwise promising markets. Typical equity contribution is $10 million-$25 million.

500 houses per year
One Shanghai client is helping Chinese buy 500 newly built single-family homes per year. We are actively looking for single-family developers wanting to sell units.

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$500 million Class A asset
Institutional investors seeking large core properties in gateway cities. Landmark opportunities welcome. Either Class A, high-quality, stabilized office buildings or iconic luxury hotels are preferred.

$80 million condo/mixed development
Client seeking New York luxury condo development with hotel ans retail component. They will place $80 million capital aiming for 20 percent annual return.

$5 million-$15 million self storage
Client looking for self storage projects in Texas, open to other locations. If the yields are good, he can close quickly.

$10 million-$100 million development project
We have several investors looking for real estate development projects in this price range. One likes building condominium projects. One is interested in a hotel development. Others prefer stabilized assets. Please let us know as new projects are getting started.

China Report - investment views - Briggs Freeman Sotheby's International Realty - international investments

Ben Briggs 班秉善
Executive Vice President, Greater China 大中华区执行副总裁

Briggs Freeman Sotheby’s International Realty, BF苏富比国际房地产
5600 W. Lovers Lane
Dallas, TX   75209

bbriggs@briggsfreeman.com
china.briggsfreeman.com
+86-15880208649

Ben Briggs, Executive Vice President in Greater China for Briggs Freeman Sotheby’s International Realty, discusses the latest moves by the Chinese government to make the RMB capital account more freely convertible in 2015. Ben is based full-time in China, and has been conducting international business in Europe and Asia since 2000. Within the last year, Ben and team have located investors seeking to make capital investments ranging from $10 million to $1.5 billion, sold over a dozen properties bringing millions of dollars to the U.S., and are working with a Chinese developer on a major live-work-play multifamily high-rise in central Dallas. The team hosted another client in New York to tour a $700 million office building.

Briggs and his team are actively looking for the top investment partners in the US to help manage Chinese real estate assets. The company CEO and Ben’s father Robbie Briggs lived in China for three years, serving as Chairman of the Board of the International School of Beijing. The fact that principals have lived in China gives unique insight and perspective for developing custom strategies that meet individual and business objectives.

Briggs Freeman Sotheby’s International Realty is Dallas’ luxury real estate leader, with more than 200 agents in seven offices located throughout Dallas-Fort Worth and access to the global Sotheby’s network, including more than 16,750 agents in 760 offices worldwide.

Moon River Ranch in Falls County is listed for $7,900,000. Photos / Briggs Freeman Sotheby’s International Realty

As the nation’s 11th longest river meanders from New Mexico to the Gulf Coast, it passes one of the most spectacular trophy ranches in Central Texas.

Moon River Ranch 0 417A , Satin, Briggs Freeman Sotheby's luxury home for sale in Dallas Fort Worth-fountain

Only 90 minutes from the Dallas-Fort Worth Metroplex and the Austin area, the Moon River Ranch on a bend in the Brazos River has played host to numerous weddings, corporate retreats and family reunions in recent years.
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An updated contemporary homes sits on this 122.19 acre equine facility in Valley View, Texas. Listed for $1,695,000. Photos / Briggs Freeman Sotheby’s International Realty

Small land sales increased by 20.69 percent year over year, according to the new Texas Small Land Sales Report released by the Texas Association of Realtors.
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Bitter Creek Ranch, southeast of Amarillo, Texas, has amazing water features not commonly found on working cattle ranches in this part of the state – and great outdoors spaces to enjoy them. Listed for $33,861,275. Photos / Briggs Freeman Sotheby’s International Realty

The market for ranches, lake homes and other “getaway” properties are on the upswing in the Dallas region. Our Ranch and Land Division reports that properties in the $1 million market are moving fast.
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Photos / Briggs Freeman Sotheby’s International Realty

Calling the Dallas-Fort Worth region a “promised land” for corporations, MarketWatch named DFW America’s friendliest city for business.

MarketWatch ranked the nation’s 100 largest cities for business climate, looking at factors such as employment growth and profitability of publicly traded companies.

“The MarketWatch report validates the hard work and passion of so many business leaders and economic development professionals who are trying to make DFW the relocation destination for corporations across the nation,” said Robbie Briggs, President and CEO of Briggs Freeman Sotheby’s International Realty. “It’s an exciting time to live in this region, and a great time to invest.”

Here’s what they said about Dallas-Fort Worth:

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