News & Publications

On July 8, 2024, the Committee on Foreign Investment in the United States ("CFIUS") issued a proposed rule that would significantly expand its jurisdiction to review foreign persons' real estate transactions in the United States. Comments will be due 30 days after publication in the Federal Register. Background CFIUS has jurisdiction to review transactions by foreign persons involving real estate that is located near or within, or functions as part of, certain designated U.S. government sites, military [...]

JEFFERSON COUNTY, WI – On June 24, Jefferson County Judge Bennett J. Brantmeier found that Wisconsin's Department of Natural Resources (DNR) has been misinforming the public by stating, in DNR guidance literature and on the DNR website, that citizens may ignore the Ordinary High Water Mark (OHWM) on a river bank or lake shoreline, and travel unrestricted onto temporarily submerged land above the OHWM, "as long as they 'keep their feet wet.'" The Court invalidated the [...]

On May 17, 2024, the District of Columbia Office of Tax and Revenue (OTR) published a notice summarizing the District of Columbia's current policy regarding the recordation and transfer tax treatment of an assignment of a lease, including a ground lease, with a term of at least 30 years (including renewals). This is the first official statement by OTR regarding the taxation of assignments of long-term leases, including ground leases. This official policy changed an [...]