https://www.federalregister.gov/documents/2024/02/16/2024-02565/anti-money-laundering-regulations-for-residential-real-estate-transfers#:~:text=2.-,FinCEN's%20R

https://www.federalregister.gov/documents/2024/02/16/2024-02565/anti-money-laundering-regulations-for-residential-real-estate-transfers#:~:text=2.-,FinCEN's%20Real%20Estate%20Exemption,establish%20an%20AML%2FCFT%20program https://www.federalregister.gov/documents/2024/02/16/2024-02.... This is about residential but commercial real estate is no different and is more likely to use even more opaque lending sources