On July 8, the U.S. Department of the Treasury (Treasury) issued a Notice of Proposed Rulemaking (NPRM) that would expand the jurisdiction of the Committee on Foreign Investment in the United States (CFIUS) to review purchases, leases, and other real estate transactions involving foreign persons. As detailed below, the NPRM would give CFIUS authority to review certain transactions involving real estate located near an additional 59 military installations and would extend the range of CFIUS’s jurisdiction […]

As the world has become more and more technologically advanced, so too has the demand for updated industrial buildings and properties. Rather than upgrade existing facilities, some businesses have opted to move operations to a new location in order to develop entirely new facilities, resulting in an unfortunate plethora of vacant industrial properties and buildings in cities across the country.

Fortunately, as construction costs continue to escalate and real estate developers look to revitalize historic […]