In a challenging situation, billionaire Steven Witkoff secured aid from two Middle Eastern sovereign wealth funds, showing the increasing investment interests in U.S. real estate.
Quoting sources about the involvement of Middle Eastern capital in U.S. real estate, the article indicates a significant trend that impacts local markets and investor relationships.
As he undertakes his new role dealing with Middle Eastern leaders, Witkoff's past dealings with entities from these countries could complicate his position.
The combined investment from Qatar and Abu Dhabi in Witkoff's troubled hotel project underscores the growing reliance of U.S. real estate on foreign funding.
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