On July 21, 2026, the Philip Qiu and Family Foundation paid $8.4 million for the Securities Building at 729 15th Street NW in Washington, D.C. The 100-year-old historic property sits approximately 650 feet northeast of the White House grounds.
The buyer is a former detective with the Shanghai Public Security Bureau who holds the best individual sniper record in his Shanghai Jiaotong University master's program cohort.
Philip Qiu — Chinese name Qiu Feili — has held at least four Chinese government positions and at least three positions within arms of the United Front Work Department, the CCP's primary overseas influence and intelligence agency. Qiu currently serves as chairman of the Shanghai Overseas Chinese Foundation. He previously served as an executive committee member of the Shanghai branch of the UFWD's All-China Federation of Returned Overseas Chinese.
In 2021, Qiu offered this assessment of his employer: "The CCP is like a kind, but firm parent. It has guided our people out of hardship, led China's sons and daughters to build a new country and is steering us toward great national rejuvenation."
That's the guy who now owns commercial real estate within spitting distance of the Oval Office.
Former CIA operations officer Bryan Dean Wright didn't mince words about what that proximity means. "This property allows access for big splashy intel ops as well as for more classic ops — like a listening post or Stingray-like systems to collect phone calls, text messages, and digital exhaust," Wright told the Daily Caller News Foundation. He then went further: "But what's especially alarming are emerging ops that properties like this allow — like hidden drone swarms or shipping container missiles. This kind of property is where the next 9/11 will come from. It's coming."
The property isn't Qiu's only D.C. footprint. In 2017, he co-founded the Chinese American Museum in Washington, D.C. with Neil Chen, whose Chinese name is Chen Xiaoping. The CAMDC, a 501(c)(3) nonprofit, is headquartered in another historic property half a mile north of the White House, shared with six other entities controlled by Qiu. The museum's stated mission is to "advance the understanding, knowledge, and appreciation of the Chinese American experience." It claims it is not "funded, controlled, or influenced by any foreign government."
The Chinese government has co-sponsored at least eight CAMDC programs. Four of those received support from UFWD-controlled religious entities. Since 2023, CAMDC has co-sponsored three Buddhist events with Shanghai's Longhua Temple, overseen by the UFWD's Bureau of Ethnic and Religious Affairs. The temple's abbot, Zhao Cheng, is a Shanghai CPPCC standing committee member and deputy director of the UFWD's municipal Ethnic and Religious Affairs Committee. One of those events was held at the Library of Congress.
So much for no foreign government influence.
Michael Lucci, founder and CEO of the national security nonprofit State Armor, laid out the stakes plainly: "CCP intelligence agents have been caught buying property around military installations and critical infrastructure where they commit espionage in preparation of sabotage. Now, even more of our most important national assets are being put at risk by the proximity of a man who has multiple CCP intelligence and security affiliations just 200 meters from executive facilities that should be completely off limits from adversary actors."
Lucci called for government action to force a sale and ban future purchases of this kind.
China expert and author Gordon Chang was more succinct: "No Chinese citizen should be permitted to own, lease, or occupy any real estate that gives him or her the ability to surveil any sensitive federal installation. No ifs, ands, or buts."
Wright explained why the alphabet soup of Chinese agencies matters here. The Ministry of Public Security, where Qiu began his career as a Shanghai detective, is "a mash-up of DHS and FBI" — the visible heavy hand of the party. The Ministry of State Security is "roughly the CIA, with a dash of the FBI." And the UFWD, where Qiu has held multiple positions, "provides cover for MSS operations sort of like what the State Department allegedly does for the CIA abroad when a spy pretends to be a diplomat." Wright's bottom line: "There is no real line between intel and non-intel agencies or officers in China. Anybody can be compelled for any role at any time — you don't say no to President Xi."
Multiple requests for comment sent to Qiu, CAMDC, and Chen went unanswered.
Several states have already moved to restrict foreign adversary purchases of land near military bases. But apparently nobody thought to draw a line around the building where the President of the United States lives and works. A trained CCP sniper with intelligence affiliations, a network of UFWD-connected organizations, and $8.4 million in available cash just filled that gap for us.