The Canadian Takeover of U.S. Real Estate

Canadian real estate investor Victor Menasce has bought and sold 30 American properties in the past two years, including houses and condos in the Sun Belt, Pennsylvania, Illinois, Florida and Arizona. He even bought a baseball stadium in New Jersey. In fact, international buyers purchased $82.5 billion in U.S. real estate last year up from $66.4 billion in 2011.