Ace Hotel in Manhattan
Projects mentioned in court filings include Manhattan’s Ace Hotel
A Los Angeles-based firm that specializes in deploying EB-5 capital allegedly shut an Atlanta-based regional center out of profits made from marketing projects to Asian investors, a new lawsuit claims. The projects mentioned in the suit include the Ace Hotel in Manhattan.
The Atlanta firm, Southeast Regional Center (SRC), and its owner Moses Choi filed a $3 million suit against L.A.-based 8th Bridge Capital, which it had agreed to partner with on various projects.