Real Estate Transactions, National Security, China

Treasury Proposes Expanding CFIUS Jurisdiction Over Real Estate Transactions Near Military Sites

Wiley Rein LLP on 7/19/2024

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...more

President Biden Orders Chinese-Owned Firm to Divest Property Near Missile Base in Wyoming

Morrison & Foerster LLP on 5/17/2024

On May 13, 2024, President Biden issued an Executive Order requiring MineOne Partners Limited and its affiliates (together, “MineOne”) to divest their interest in real property located less than one mile from Francis E....more

President Biden Forces Divestment of Chinese-Owned MineOne Cryptocurrency Mining Facility Near F.E. Warren AFB

Wiley Rein LLP on 5/17/2024

On May 13, 2024, President Biden took the rare step of issuing a Presidential decision ordering the divestment of Chinese-owned real estate located near the Francis E. Warren Air Force Base (Warren AFB) in Wyoming and the...more

CFIUS Seeks to Expand Its Jurisdiction After High-Profile Real Estate Purchases

Morrison & Foerster LLP on 5/8/2023

On May 4, 2023, the Committee on Foreign Investment in the United States (“CFIUS”) published a proposed rule that would update CFIUS’s current real estate-specific regulations to add eight military installations. Broadly,...more

Treasury Proposes Expanding CFIUS Jurisdiction Over Land Deals Near Military Installations

Wiley Rein LLP on 5/8/2023

On Friday, May 5, 2023, the U.S. Department of the Treasury (Treasury) published a proposed rule that would expand the list of military installations subject to the jurisdiction of the Committee on Foreign Investment in the...more

CFIUS Proposes to Expand Its Jurisdiction After High-Profile Real Estate Purchases

Morrison & Foerster LLP on 5/8/2023

On May 4, 2023, the Committee on Foreign Investment in the United States (“CFIUS”) published a proposed rule that would update CFIUS’s current real estate-specific regulations to add eight military installations. Broadly,...more

The Future of CFIUS: Perhaps Not So Happy a New Year

Sheppard Mullin Richter & Hampton LLP on 12/14/2017

‘Tis the season to wonder, what will 2018 bring? We may speculate on things like a private company making a moon landing or a peace accord with North Korea. We may be certain of things like well-intentioned gym memberships...more

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