How To Navigate US Real Estate After CFIUS Expansion

By Peter Mair (January 22, 2019, 1:45 PM EST) -- The U.S. is the world's largest beneficiary of foreign direct investment. In recent years, there has been a strong and steady flow of foreign investment into U.S. real estate. Foreign investors have sought stable classes of assets and U.S. real estate has proved very attractive, particularly trophy assets and real estate in gateway cities. As part of this overall trend the U.S. saw a surge in Chinese foreign investment. Like other countries, including Australia and the United Kingdom, the U.S. government has taken steps to increase oversight and scrutiny of transactions involving foreign investors. While Chinese foreign investment has cooled recently due to both internal restrictions in China and the U.S. government's increased oversight, U.S. real estate remains no less attractive to many investors globally, and these investors still need to assess, and potentially navigate, the requirements of the Committee on Foreign Investment in the U.S., which is the body responsible for the oversight and scrutiny of foreign investment in U.S. business enterprises and real estate....

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