EB-5 News & Updates #129 June 06-13

Projects

Banyan Cay Resort & Golf
Distinctive, unique, luxury without the pretense. It takes a special team of visionaries to design a resort and residential community as rare as Banyan Cay.  Each element was carefully crafted to create a sense of community steeped in resort living with a casual yet elegant backdrop. ...

Posts

Is buying a slice of the American Pie about to change
One of the quickest ways to US residency and citizenship for GCC residents, the EB-5 investor visa programme may be on the cusp of a major overhaul While the EB-5 may be more popular than ever among residents of the GCC, the days in...
Davis Hotel Capital and National Property Inc. arrange construction financing for new Le Meridien Hotel
Development of a 233-key Le Meridien Hotel in Arcadia, Calif. The developer of the project is SAICP LLC. Davis Hotel Capital, Inc., a premier hotel investment banking and mortgage brokerage firm with a focus on hospitality real estate,...
Why Congress must address this merit-based immigration reform idea
Illustration on merit-based immigration policies by Linas Garsys A few weeks ago, I was in New York City and saw the majestic Hudson Yards real estate development. This is the largest private real estate development in the...
Navigating the Complexities of Hotel Financing
This is a good time to secure financing for hotel properties, but investors should study their options. Even within the context of a lengthy economic expansion, the hospitality sector is demonstrating its strength and stability....

Updates

Project Updates
EB-5 lawsuit settled in South Dakota Supreme Court
A lawsuit stemming from the EB-5 program has ended with a settlement. The company that provided more than $30 million to build the...
Hampton Inn and Suites Buena Park Celebrates Grand Opening with “Taste of Buena Park”
Community leaders and investors celebrate boost to local economy with area's first new hotel development in 20 years Local government,...
Appeals court won’t reopen suit against McAuliffe, Tony Rodham
Aides have blamed Former Virginia Gov. Terry McAuliffe’s political opponents for the lawsuits he has faced relating to the company’s...
Four Investors Indicted on Federal Fraud Charges Involving Vermont Biotech Company
A federal grand jury recently filed criminal charges against several developers for fraud involving a Vermont biotech company....
Wells Fargo Leads Syndicate on $800M Refi of DC’s The Wharf
RENDERING OF ONE BUILDING AS PART OF THE WHARF PHASE 2.  A consortium of banks led by Wells Fargo has provided $800...
Regional Center Updates
American Lending Center Celebrates Construction Completion at Eritage Resort
American Lending Center (ALC), a leading EB-5 regional center, welcomes the completion of construction at Eritage Resort. The milestone was marked by a ribbon cutting ceremony at the resort on June 2 attended by ALC President Bruce Thompson,...

Litigation Cases

Lela Goren vs Gary Barnett
United States of America vs Ariel Quiros & Bill Stenger
Lela Goren vs Extell New York Regional Center

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