Property Deals See More Scrutiny as Tip Sparks Forced Sale
International Trade attorney Robert Friedman was quoted in a Law360 article about increased federal scrutiny of property deals after a recent forced sale over national security concerns. The Committee on Foreign Investment in the United States (CFIUS) is expected to review more closely real estate transactions near government property after the White House ordered a divestment near a Wyoming Air Force base. Mr. Friedman emphasized the importance of thorough risk assessment and engagement with CFIUS, especially regarding deals involving foreign investors or properties near government facilities.
"That is notable in evaluating the likelihood that CFIUS would review a transaction that is not filed. There is an anonymous tip line," he said.
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