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EB-5 News & Updates January 11-18

Projects

Lake Elsinor Mebo Resort
The Mebo Lakefront Spring Resort covers about 25 acres of development land in City of Lake Elsinore. The project will includes 108 lake view luxury condos, about 30 retail stores and restaurants, such as fashion clothing stores, toy stores, beauty salons, law & accounting offices, bank,...
Parasol Life Insurance
Parasol Life Insurance Company (PLIC), will be a full service life insurance and Medicare insurance company servicing 21 states in North America. The life insurance industry is mired in outdated and antiquated sales processes and technologies. Door to door salespeople are still the norm. These...
TRU by Hilton Ft. Lauderdale A...
TRU by Hilton Ft. Lauderdale Airport, a 115-room limited service hotel that will operate under Hilton Worldwide Holdings’ TRU by Hilton hotel brand. The Project will feature amenities indicative of a limited service hotel and will primarily cater to business and leisure travelers traveling...
Waterway Hotel and Resort
The Waterway Hotel and Resort - on three prime acres in Daytona Beach as part of Marriott’s Autograph Collection of hotels. This exquisite and upscale new facility will be privately owned and will offer five-star amenities including large and luxurious rooms and suites, a top-rated restaurant...
Delphi Executive Club
Delphi Executive Club, will be a premier exclusive private, full services multipurpose health and social club.Delphi Clubs’ vision is to redefine the recreational club experience by providing an alternative to the standard fitness club by creating a health, fitness and social environment in a...
Biotrial
A 60,500 sq. ft. office and clinical research facility development project located in Newark, NJ, within 15 miles of three major NY international airports (including Newark Liberty International Airport, EWR) and about 10 miles from Manhattan, easily accessible via all major highways and by...
Somerset Court
An upwardly mobile concept for living, dining and shopping is now moving to Bellflower. The distinctive architecture of the residences of Somerset Court will combine with sleek retail and restaurant space to provide an upscale alter-native for the Citizens of Bellflower. Imagine stepping out...
1 Clinton Street
The building will be residential, with the exception of a small retail space and first floor library branch. As part of the deal through which Hudson was given development rights, 114 units of affordable housing will be built in Clinton Hill. The project also includes a dedicated science,...
Aspen Heights Downtown
The propertyis ideally located within a few blocks of Austin’s robust Central Business District, the Texas State Capitol Building, and the campus of the University of Texas at Austin. 22 stories 200 luxury apartments In the heart of Downtown Austin America’s fastest growing city Where the CBD...
The Independent
Hailing as the tallest residential tower west of the Mississippi River, The Independent’s design was inspired by Austin’s bold and innovative spirit. The movement between the tower’s tiers represents life and energy, and is an outward reflection of the lifestyle electrifying within the building...
University Of Texas
The projectis a 466-bed private student housing development 2 blocks from the campus of the University of Texas at Austin. The half-acre, high-density site will consist of studio, 1, 2, 3, 4 and 5 bedroom apartments ranging from 554 square feet to 1,546 square feet. The 466 beds will be housed...
University Of Houston
The project is a 714-bed high-density private student housing development on a 6-acre site next to the University of Houston, Texas. The property will consist of 1, 2, 3 and 4 bedroom apartments ranging in size from 637 square feet to 1,381 square feet, totaling 271,287 square feet, housed in a...
Fairfield Inn & Suites Hotel
Travel with confidence at Fairfield Inn & Suites by Marriott a hotel with outstanding service for an easy and comfortable stay-at an exceptional value. We are always ready to welcome you to our thoughtfully designed guest rooms and suites with plenty of room to work and relax. Free Wi-Fi...
Elks Tower Casino
The Project consists of the construction, development, and operational management of a 17,020 SF casino/cardroom located in Downtown Sacramento, CA. The project will feature a street level restaurant/lounge, a casino level players’ lounge, a fne spirits library, a port/wine/chocolate room, and...
W Hotel
More than just a hotel, W Hollywood encompasses the energy, dynamism and excitement of Los Angeles. Located on the famous intersection of Hollywood and Vine. Whether sampling classic California bistro fare at Delphine or reminiscing over drinks and light bites at Station Hollywood, W Hollywood...
NCM USA
NCM USAis a 10,000 sq. foot facility, which was built to be one of the most advanced PET radio-pharmaceutical manufacturing and distribution networks in New York State. The facility is designed to complete multiple synthesis technologies for various product manufacturing lines. The remaining...

Posts

Raymond Lahoud Named Top 5 Rising Stars Nationally by EB5 Investors Magazine
Raymond G. Lahoud, a Member of law firmNorris McLaughlin & Marcus, P.A., and Chair of itsImmigration Law Practice, has been named one of the “Top 5 Rising Stars” nationally byEB5 Investors, the leading online portal, conference...
Countdown to Reauthorization/Immigration Changes
No indication yet that Washington is near compromise on new immigration legislation. A Continuing Resolution of current funding and authorities to February 16 continues to look likely. In honor of Dr. Martin Luther King Jr. Day today, I...

Updates

Project Updates
Related projecting $1.5B sellout at 35 Hudson Yards
Jeff Blau and a rendering of 35 Hudson Yards Developer and partner Oxford Properties will sell pads at an average of $11M a pop Related...
Delayed $3B Brightline project to launch service this weekend
Rendering of Brightline and Patrick Goddard Downtown Miami station won’t open for a few months All Aboard Florida’s high-speed rail is...
Year-old Vegas hotel with closed casino facing foreclosure
Records say an Asian-themed Las Vegas casino-hotel that shuttered gambling and restaurant operations this month after being open for...
Lucky Dragon Heads to the Auction Block
Lucky Dragon Hotel & Casino The Chinese-themed resort that closed its restaurants and casino now faces foreclosure In the market for...
Hudson Companies targets $478M sellout for BK Heights condo project
David Kramer and a rendering of 1 Clinton Street The developer demolished the Brooklyn Heights Library last year Hudson Companies plans...
User Updates
US Immigration Fund aims to raise $125 million by 2018 from India for investments in US
USIF aims to help 250 Indian investors immigrate to the United States through the EB-5 program by raising USD 125 million in foreign investment from India over the next 15 months. US Immigration Fund (USIF), an American foreign direct investment...
U.S. Immigration Fund and The Chopras Group Partner to bring Indian Citizens a Future in the United States
October 20th, 2017 | Delhi: U.S. Immigration Fund in partnership with The Chopras, India’s leading higher education business, is bringing families in India business, education, career and residential opportunities in the United States. A series of...
Congress Passes Continuing Resolution Extending EB-5 Program
Washington D.C., December 22, 2017 – This week, the House of Representatives and the Senate each passed a Continuing Resolution extending the operation of the U.S. Federal Government until January 19, 2018. As part of the Continuing Resolution,...
Indian EB-5 visa requests may dip as US plans hike in investment limit
The number of Indians applying for employment-based EB-5 visas to the United States, which has been on the rise, is set to plummet because the US plans to increase minimum investment for such visas to up to $1.3 million, an expert has said. "The...
Firms Updates
Raymond Lahoud Named Top 5 Rising Stars Nationally by EB5 Investors Magazine
Raymond G. Lahoud, a Member of law firmNorris McLaughlin & Marcus, P.A., and Chair of itsImmigration Law Practice, has been named one of the “Top 5 Rising Stars” nationally byEB5 Investors, the leading online portal, conference series, and...
Investor Claiming Phony EB-5 Project Settles $1.5M Suit
A Chinese investor who was allegedly defrauded of $1.5 million as part of an investment scheme exploiting her desire to obtain U.S. residency through U.S. Citizenship and Immigration Services’ EB-5 visa program settled her suit Thursday. Sophie...
Regional Center Updates
Jarmulowsky Bank Building developers looking for $79M in EB-5 money
The Jarmulowsky Bank building at 54 Canal Street DLJ Real Estate Partners plans to transform the Lower East Side property into a hotel Wanted: $78.5 million in EB-5 funding for a luxury hotel coming to the Lower East Side. DLJ Real Estate Capital...
State EB-5 document release delayed
The state is taking longer than expected to release documents in the EB-5 investor fraud case against Jay Peak Resort developers. The deadline was originally Dec. 31. The Vermont Attorney General’s office recently asked the court to extend the...
Can settlement reignite stalled work at Hoover complex?
Securing funding within coming months would end lawsuit between developers. NORTH CANTON Areas of the former headquarters of the Hoover Co. largely sit empty. Maple Street Commerce acquired the property, which sits along North Main and East Maple...
Jay Peak Investor Suit Stayed Pending Related Settlements
A Florida federal judge on Tuesday stayed an investor class suit against Jay Peak ski resort owner Ariel Quiros over his alleged role in a $350 million EB-5 visa fraud suit, as Quiros' attorneys indicated two pending related settlements could...
Auditor to investigate role of state officials in EB-5 scandal
Doug Hoffer, Vermont state auditor. Vermont State Auditor Doug Hoffer told a Senate panel he wants to tell a story about the EB-5 scandal that played out in the mountains of the Northeast Kingdom from a perspective that he says hasn’t yet been...

Litigation Cases

Shuting Kang vs Sophie Harrison, Shengrun International Industry Group, Inc. and SINO-USA Entrepreneur Association, Inc.

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