Florida Republican Sen. Marco Rubio is seeking more transparency of shell companies’ purchases of U.S. real estate in an attempt to thwart money laundering....
The federal government renewed its geographic targeting order of luxury residential purchases in six major markets, including South Florida, New York and Los Angeles. ...
When the federal government announced in January that it would track shell companies buying luxury homes in Miami, many real estate players were worried...
Saying it’s already uncovered a bevy of suspect activity, the federal government announced Wednesday that it’s expanding the highly controversial tracking of secretive luxury...
The U.S. Treasury Department’s efforts to determine the true identities of secret all-cash buyers of seven-figure luxury condos is rife with loopholes, experts said...
A new requirement that title companies report all-cash luxury home purchases in Miami-Dade County has broadened a longstanding federal effort to deter money laundering...
The federal government’s tracking of secretive cash deals for pricey Miami real estate began Tuesday, and the question on Realtors’ minds has been “How...
