Inbound US Real Estate Investments To Face New Oversight
Law360 (January 28, 2020, 6:41 PM EST) -- A broad portion of U.S.-targeted real estate transactions will soon fall explicitly within the reach of the Committee on Foreign Investment in the United States for the first time, adding a new level of scrutiny to inbound deals.
The U.S. Department of the Treasury published new CFIUS regulations this month to implement the Foreign Investment Risk Review Modernization Act of 2018, or FIRRMA, to give the committee "the ability to better address national security concerns arising from certain investments and real estate transactions."
Much of the attention regarding the latest rules, which take effect Feb. 13, has focused on how reviews...
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