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ARTICLE · 12 NOVEMBER 2024

CFIUS Issues Final Rule Expanding The Scope Of Its Real Estate Transaction

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On November 1, 2024, the US Department of the Treasury, in its capacity as chair of the Committee on Foreign Investment in the United States (CFIUS), issued a final rule ("Final Rule")...

United StatesGovernment, Public Sector
Timothy Keeler
Timothy Keeler
Mickey Leibner
Mickey Leibner
Emily King
Emily King
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On November 1, 2024, the US Department of the Treasury, in its capacity as chair of the Committee on Foreign Investment in the United States (CFIUS), issued a final rule (“Final Rule”) expanding the list of military and government sites designated as sensitive. Based on CFIUS's authority to review “covered real estate transactions” involving foreign persons in proximity to these sites, the expanded list substantially increases the scope of real estate transactions subject to CFIUS jurisdiction. The Final Rule adopts changes that were proposed in a June Notice of Proposed Rulemaking (which we analyzed in our Legal Update CFIUS Proposes Rules to Expand Its Real Estate Transaction Purview). We highlight some of the changes to the list in this Legal Update.

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