EB-5 News & Updates February 15-22
Projects
Monte Elvira | ||
The proposed Project is located at the 208 acre Finca Monte Elvira located in the expanding urban ring of the Municipio de Coamo. It is an integral part of a comprehensive plan scheduled for 2018 to build up to 650 affordable homes, 110,000 sft of retail commercial sites (4) with offices and... | ||
Posts
EB-5 Investor Immigration Program Faces New Challenges From Kushner's Involvement | ||
Jared Kushner, White House Senior Adviser and son-in-law of U.S. President Donald Trump, listens during a meeting between President Donald Trump and congressional members in the Cabinet Room of the White House February 13 in Washington,... | ||
Veronique de Rugy: U.S. Should Welcome More Investor Immigrants | ||
There's a deep political divide over how to handle immigration, and clashes over the issue have contributed to two government shutdowns — albeit one lasting mere hours — thus far this year. Battles relating to illegal immigration,... | ||
Mueller Probing Kushner’s Attempts to Finance 666 Building | ||
CNN reports that one of the key things Mueller and his investigators are looking into is Jared Kushner’s attempts to secure new financing for his family’s flagship, debt-ridden property at 666 Fifth Avenue. They paid almost $2 billion... | ||
Updates
Firms Updates | ||
Miami investors score EB-5 funding for charter school in south Miami-Dade | ||
Investors paid 469k for the 3-acre lot last year Rendering of AcadeMir Preparatory School Academy Investors Mario and Ramon Castellanos just scored $5.5 million in EB-5 funding to build a charter school in south Miami-Dade, property records show.... | ||
Next Steps for EB-5 Investors in 550 Seabreeze | Los Olas Resort Project | ||
An EB-5 immigrant investor visa is normally appealing to wealthy foreign individuals seeking a permanent residency in the United States. However, investing in the wrong EB-5 can have catastrophic consequences for investors. This includes the risk... | ||
Project Updates | ||
Lucky Dragon now in Chapter 11 bankruptcy | ||
Less than a year and a half after it opened, the Lucky Dragon is in bankruptcy. Lucky Dragon developer Andrew Fonfa pushed the... | ||
After Vermont fraud, EB-5 investors can bring their money to Harry Macklowe | ||
Harry Macklowe, One Wall Street and Jay Peak Developer already raised $186M from EB-5 investors at 1 Wall Street Dozens of foreign... | ||
Kaskaskia developers spread their wings | ||
A large rendering of the Kaskaskia Hotel is displayed in the window of the Maytag building at First and Joliet streets, La Salle, about... | ||
User Updates | ||
What’s Next for the EB-5 Program? | ||
Congress recently passed and President Trump signed a comprehensive two-year defense spending budget agreement for fiscal years 2018 and 2019 to prevent an extended federal government shutdown. The legislation also contained a shortterm... | ||
Mexican real estate investors focus on South Florida amid heated presidential race | ||
From left: Rodrigo Azpurua, Veronica Cervera Goeseke, Diego Arnaud In the last two months, Diego Arnaud of Aventura-based DA Luxury Realty has spotted a noticeable increase in sales activity among his clients from Mexico, who account for nearly... | ||
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