Foreign real estate lenders may grow their activity by 58% in the United States this year, according to a trade group's survey of its investor members. "Our investor members have expressed a growing confidence and interest in U.S. real estate," said James A. Fetgatter, chief executive of the Association of Foreign Investors in Real Estate, Washington, D.C. Foreign RE lenders also plan to increase global lending by 54%, according to the survey, which was conducted in the early part of 2008's fourth quarter. Survey respondents ranked preferred property types as follows: multifamily, office, industrial, retail and hotels.
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