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Proposed Bill Would Increase Scrutiny of Real Estate Purchases by ‘Foreign Entities of Concern’

Proposed Bill Would Increase Scrutiny of Real Estate Purchases by ‘Foreign Entities of Concern’

by Phil Hall | Mar 13, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

A bipartisan effort is underway in the U.S. House of Representatives to expand the authority of the Committee on Foreign Investment in the United States (CFIUS) over real estate purchases by certain foreign entities deemed to pose national security threats. According...
Hong Kong Court Orders Liquidation of the Beleaguered Developer China Evergrande Group

Hong Kong Court Orders Liquidation of the Beleaguered Developer China Evergrande Group

by Phil Hall | Jan 29, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Hong Kong court has ordered the liquidation of the property giant China Evergrande Group, whose $300 billion in liabilities makes it the world’s most indebted developer. According to a Reuters report, Justice Linda Chan’s ruling came after the company failed to...
A Phil Hall Op-Ed: Xi Jinping Has a US Farm, E-I-E-I-O

A Phil Hall Op-Ed: Xi Jinping Has a US Farm, E-I-E-I-O

by Phil Hall | Jan 22, 2024 | A Phil Hall Op-Ed, Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

A Phil Hall Op-Ed: Unless you are involved in an agricultural enterprise or you reside in a section of the country where farming is crucial to the local economy, there is an excellent chance that you rarely hear anything related to the U.S. Department of Agriculture...
Four Seasons to Open New Hotel in Shanghai

Four Seasons to Open New Hotel in Shanghai

by Phil Hall | Dec 26, 2023 | Commercial Real Estate News, International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Toronto-headquartered Four Seasons Hotels and Resorts is teaming with Hong Kong’s Fungseng Prosperity Holdings Ltd. for the creation of new hotel in Shanghai. The 44-story Four Seasons Hotel Shanghai will offer 60 luxuriously appointed rooms and suites within the...
Arkansas Orders Chinese-Owned Agtech Company to Sell Farmland

Arkansas Orders Chinese-Owned Agtech Company to Sell Farmland

by Phil Hall | Oct 17, 2023 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Arkansas Gov. Sarah Huckabee Sanders has ordered the agtech company Syngenta to sell 160 acres of farmland in the state within two years because it is a Chinese-owned company. According to a Reuters report, Sanders made her announcement today at a news conference,...
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