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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...
Is Putin Trying to Buy Back Alaska for Russia?

Is Putin Trying to Buy Back Alaska for Russia?

by Phil Hall | Jan 23, 2024 | Industry Updates, News/Current Events, Real Estate News, WRE News Exclusive

Is Russian President Vladimir Putin seeking to reclaim his nation’s one-time colony of Alaska? A vaguely worded Kremlin decree might be considered as an attempt to launch the largest real estate transaction of the 21st century, although the State Department...
Finland Considers Ban on Russians Buying Property

Finland Considers Ban on Russians Buying Property

by Phil Hall | Jan 15, 2024 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The government of Finland is mulling the possibility of prohibiting banning Russian citizens from buying property in the country. The Moscow Times, an independent Russian news source, reported a decision on this ban could come as early as this spring. The new policy...
Russia Threatens Finland Over Real Estate Confiscation Rules

Russia Threatens Finland Over Real Estate Confiscation Rules

by Phil Hall | Oct 13, 2023 | International Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

The Russian foreign ministry issued a warning to the government of Finland over its announced plans to speed the confiscation of Russian-owned real estate within their country. According to a Reuters report, many Russians who own apartments and holiday homes in...
Hits and Misses for the Real Estate Week of June 19-23

Hits and Misses for the Real Estate Week of June 19-23

by Phil Hall | Jun 23, 2023 | Commercial Real Estate News, Hits and Misses, News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new flurry of homebuilding, a gloomy summer for homeowners in the U.K. and a bizarre diplomatic feud involving a squatter. Looking into the wild and wooly world of real estate, here are our Hits and Misses for this week. Hit: If I Had a Hammer! This week saw a...
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