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Real estate investors and their counsel who were worried about the slew of new rules for foreign investment in real estate in the United States may be relieved that the final regulations, which take effect today, came in more narrowly drafted than some had feared.
Ama Adams, a partner at Ropes & Gray in its anti-corruption and international risks group, said, "CFIUS is new for real estate investment management firms who may be bringing on foreign investors. We have had a lot of calls [from clients] trying to understand what that means for their business or investment activities now."
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