为寻找更有吸引力的收益率，外国投资者将在2015年下半年将促成更多的美国多户住宅交易，可能让交易量推至高点。业主和开发商均认为，最大的外资股权将来自中国。

根据世邦魏理仕（CBRE）全球投资者意向调查，53%的全球房地产投资者计划今年增加投资总量，其中38%计划在海外投资。

全球资本来源地前十名的美国城市包括纽约、达拉斯和西雅图。其他引人注目的国外投资目的地应该还包括旧金山、洛杉矶、华盛顿特区和芝加哥。

大型业主和开发商均认为，最大的股权资本将来自中国，因为投资者担心中国房产泡沫风险，并将美国视为长线的资金避风港。除了中国以外，其他开发和收购的资本会来自日本、加拿大、欧洲和中东国家，如沙特阿拉伯和以色列。在南佛罗里达州，南美投资者也相当活跃。

外国投资者将更愿意与国家开发商、房地产投资信托（REITs），或是购买超过5亿美元资产的买家合作。

大多数国际投资者将目标锁定在关口市场进行发展型投资；然而，一些投资者还将考虑通过初级市场和二级市场收购。

资产管理公司里兹美银集团（Ritz Banc Group）最近代表开发商林肯地产集团（Lincoln Property Group），收购了位于弗吉尼亚州列治文一套多户房产，共有 296户。这次购买的有限合伙人是一个总部在沙特的“家族办公室”（指的是为富裕家族管理财富的私人机构）。

日本公司大和房建（Daiwa House）是林肯地产集团这类的公司外资来源之一。这家日本公司最近与开发商合作，据说正在与荷兰合作伙伴（Holland Partners）合作。

活跃买家肯尼迪威尔逊集团（Kennedy Wilson）在日本有业务，也很可能运用日本资本。肯尼迪威尔逊集团近日宣布将出售其位于日本的50套多户住宅，资产价值近4.75亿美元，而肯尼迪威尔逊集团获得净收益达1亿美元。

其他重要买家，如沃特顿联合公司（Waterton Associates）和投资公司TruAmerica Multifamily，将利用外资进一步扩展。沃特顿侧重于从中东地区获得资本来源。Multifamily buyers seek foreign aid in second half of 2015

In a search for more attractive yields, foreign investors will contribute a higher volume of equity towards U.S. multifamily deals during the second half of 2015 — when acquisitions volume could peak. Owners and developers suggest largest volume of foreign equity will come from China.

According to CBRE’s Global Investor Intentions Survey, 53 percent of global real estate investors plan to increase investment volume this year, with 38 percent planning to invest outside of their region.

U.S. cities in global capital sources’ top 10 include New York, Dallas and Seattle. Other compelling targets for foreign investors should include San Francisco, Los Angeles, Washington, D.C., and Chicago.

Larger multifamily owners and developers have suggested that the largest volume of foreign equity will emerge from China, as investors fear a Chinese real estate bubble and view the U.S. as a safe haven for commitments. Aside from China, equity for development and acquisitions should emerge from Japan, Canada, Europe and the Middle East countries of Saudi Arabia and Israel. In South Florida, South American-based investors should be active.

Foreign investors will prefer to team with national developers, real estate investment trusts (REITs) or buyers who will purchase more than $500M of product this year.

Most international capital sources will target gateway markets for development investments; however, some will also consider primary markets and secondary markets for acquisitions.

Ritz Banc Group, an asset manager, recently acquired a 296-unit property in Richmond, Virginia, on behalf of developer/owner Lincoln Property Group. The limited partner on the purchase is a Saudi-based family office.

Japanese-based Daiwa House represents one foreign capital source for developers like Lincoln. The equity source recently teamed with the developer and is said to be working with Holland Partners.

Active buyer Kennedy Wilson is likely to utilize equity from Japanese sources, as the firm has a presence in the Land of the Rising Sun. Kennedy recently announced it would sell 50 multifamily properties it owns in Japan. The assets are valued at nearly $475 million, with Kennedy Wilson receiving net proceeds of $100 million.

Other significant buyers, Waterton Associates and TruAmerica Multifamily, will utilize foreign capital moving forward. Waterton focuses on obtaining capital from Middle Eastern-based sources.