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CFIUS Issues Proposed Rule to Expand Coverage of Real Estate Transactions Near Military Installations

On July 8, 2024, the Department of the Treasury’s Office of Investment Security issued a Notice of Proposed Rulemaking seeking to add 59 military installations, across 30 states, to the list of installations around which the Committee on Foreign Investment in the United States (CFIUS) has jurisdiction regarding certain real estate transactions involving foreign persons. This proposed... Continue Reading