• Los Angeles* jumped ahead of Manhattan to become the largest destination for institutional capital in the United States in 2017.
  • Institutional investment in the Los Angeles market moderated from a cyclical peak of $10.3 billion in 2016 to $9.3 billion in 2017.
  • In 2017, a diverse group of foreign buyers accounted for approximately 20% of institutional capital in Los Angeles.
  • Overall institutional capital was largely driven by a pronounced level of growth from equity funds, whose sales volume jumped 60% to $6.2 billion in 2017.