Voice of America

…with tensions over Ukraine on the rise, Russian investors are changing their strategies within the American market. That’s according to U.S.-based real estate agents and lawyers who cater to clients from the former Soviet Union.

“The high times are over,” said Edward Mermelstein, a New York lawyer who represents foreign investors in the U.S., including many Russians.

“It’s now mainly a flight to safety in American markets,”said Mermelstein.