Observers say as the U.S. crawls out from under the coronavirus lockdown and copes with a pandemic-inflicted recession, some stalled foreign investments in U.S. properties could pick up steam.

“Some foreign investors from countries that are still reeling from the pandemic may sit out for the moment and reinvest in their own local markets,” says commercial real estate attorney Roman Petra, a partner in the Orlando, Fla. office of law firm Nelson Mullins Riley & Scarborough LLP. “However, the U.S. is a strong marketplace for foreign capital. As the U.S. economy continues to recover and grow, foreign capital will invest.”