The Future of U.S. Redevelopment Financing: China?

If there is a silver lining from our economic roller coaster, it's that crisis often begets innovation, even in areas like real estate financing.

News reports from Beijing indicate that the China Development Bank is negotiating to finance a massive urban redevelopment project in San Francisco. This deal appears to be the first significant funding of a private U.S. investment by the CDB. We think it’s a promising sign of things to come.