U.S. Investor Playing Russian Roulette By Betting on Russian Malls and Other Property

First American News LLC Raleigh, NC: War underscores the difficulty in assessing political risks in volatile markets; ‘there are no buyers for the product. Real-estate developer Hines started investing in Russia soon after the Soviet Union’s collapse in 1991. Before long, the American company became one of the world’s largest foreign owners and managers of […]

Russian money flows through U.S. real estate

Despite new sanctions, Russians have spent years pouring funds into properties. As President Joe Biden vows to punish Russia with financial sanctions by seizing yachts, mansions and other assets, members of the real estate community and lawmakers are skeptical about how successful he’ll be at getting access to the money Russians have been pouring into […]