News & Publications

COVID-19 has created challenges for the commercial real estate market in the U.S. that have not been seen since the 2008 global financial crisis. While the 2008 crisis was the direct result of credit and liquidity fiascos, the pandemic has had a direct, powerful impact on the demand for space, put pressures on supply chains, created almost non-existent travel and job losses, and devastated consumer confidence. As a result, 2020's CRE marketplace has been characterized [...]

In Short The Situation: Reforming the U.S. housing finance system has been a frequent discussion topic in the years since the 2008 financial crisis. The Result: In response to a March 2019 presidential memorandum, the Department of the Treasury ("Treasury") and the Department of Housing and Urban Development ("HUD") issued plans consisting of several dozen legislative and administrative recommendations designed to meet the memorandum's goals and objectives, including to facilitate greater competition, increase private sector participation, and [...]

On September 17, 2019, the U.S. Department of Treasury issued two new proposed rules for the Committee on Foreign Investment in the United States (CFIUS) implementing the Foreign Investment Risk Review Modernization Act (FIRRMA). Of particular interest to readers of this blog was the second of the proposed rules, which addressed FIRRMA's real estate-related expansion of CFIUS jurisdiction. Over on Global Trade & Sanctions Law, colleagues Christopher R. Wall, Nancy A. Fischer, Aaron R. Hutman, Matthew R. Rabinowitz, Jorge Vera and Roya Motazedi examine [...]