As the Managing Director of the North Texas EB-5 Regional Center, Abteen Manages the federally approved USCIS registered regional center responsible for raising funds through the EB-5 program for various commercial real estate projects for three public real estate companies with over $1.5 billion in assets under management. The North Texas EB-5 Regional Center is the federally approved regional center affiliated with Pillar Income Asset Management, the management arm of three public real estate companies: American Realty Investors (NYSE: ARL), Transcontinental Realty Investors (NYSE: TCI), Income Opportunity Realty Investors (AMEX: IOT). Abteen is the liaison between the real estate companies and the foreign investors and investor groups. Abteen is currently overseeing the raising of funds through foreign investors for several multifamily and boutique hotel projects in the cities of Farmer’s Branch and Dallas, Texas ranging from $15 million to $70 million. Abteen has also been entrusted with the government approval process and the raising of funds for a large $550 million Conference Resort in St. Thomas, U.S .Virgin Islands that consists of a Hyatt Hotel, a conference hotel, a Golf Course, and time share component on 112 acres of beach front land.
Abteen Vaziri, Director in Greystone’s EB-5 group, appeared on CNBC Asia ahead of a House Judiciary Committee hearing to discuss proposed reform of the EB-5 foreign investor visa program.