Chinese demand sees real estate portal step up US presence

Chinese international property portal, Juwai.com has hired venture capitalist and former Move Inc senior executive Matthew Moore in the new role of President of the Americas, as it looks to extend its presence in the US. China is currently the top investor in the US property market and its level of investment will continue to increase over the next decade according to Charles Pittar, CEO of Juwai.  

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02 March 2016 / Inman

Juwai.com, the #1 Chinese international property portal, has appointed venture capitalist Matthew Moore as Juwai.com’s first President of the Americas, reports Inman (2 March 2016). Based in Los Angeles, Moore will head the North American team responsible for sales, marketing, and industry relations, with the aim to create strategic partnerships with national brands, regional and local brokers, developers, MLSs and associations, and more. According to Juwai.com CEO Charles Pittar, “China is the No. 1 investor in the U.S. property markets today and its level of investment will continue to increase over the next decade. Matthew’s role is to help real estate professionals make the most of this growing opportunity.” Most recently, Juwai.com also announced a string of new – as well as renewed – partnerships with top US brands and brokerages, including Berkshire Hathaway HomeServices California Properties, California Desert MLS, Luxury Portfolio International, Windermere Real Estate, and Pacific Union. [This article is available on subscription only].