10 Must Reads for the CRE Industry Today (Feb. 3, 2021) Commercial Observer looks at anti-money laundering legislation that could impact the commercial real estate industry. Amazon has unveiled the designs for its northern Virginia office headquarters, reports the Wall Street Journal. These are among today’s must reads from around the commercial real estate industry.
New Law to Curb Money Laundering Has Real Estate Concerned“A new law set to stymie anonymous investments in real estate has industry groups and attorneys worried that the change will chill market activity and unduly burden buyers. Proponents, however, say it’s long overdue. Setting up a limited liability company to purchase real estate anonymously was, until fairly recently, one of the favorite ways for folks up to no good to launder their money to remove the stigma of ill-gotten gains.” (
Professor Michael Huth (Ph.D.) is co-founder and CTO of Xayn and teaches at Imperial College London. His research focuses on cybersecurity, cryptography and mathematical modeling, as well as security and privacy in machine learning.
In the last decade we’ve seen massive changes in how we consume and interact with our world. The Yellow Pages is a concept that has to be meticulously explained with an impertinent scoff at our own age. We live within our smartphones, within our apps.
While we thrive with the information of the world at our fingertips, we casually throw away any semblance of privacy in exchange for the convenience of this world.