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Real Estate

In 2008, Washington DC was ranked "Number 1" top global city for foreign investment in properties, followed by London and New York by the Association of Foreign Investors in Real Estate (AFIRE). This association has 200 members, from 21 countries, which hold approximately $371 billion of real estate in the United States.  Washington DC was also the most attractive U.S. city for investment over New York (#2), San Francisco (#3), and Los Angeles (#4).

The amount of development going on throughout the city supports the outlook of Foreign Investors. Over the past several years Washington, DC has emerged as one of the strongest and most resilient economies in the United States. From hospitality/tourism to government and educational institutions. The past 10 years have ushered in $22.1 billion of completed projects with $8.8 billion currently under construction. Growth is not specific to one sector.  According to the DC Economic Partnership, significant projects are planned or under construction in the District's core economies office, retail, residential, education, hospitality/tourism and government.

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