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EB-5 News & Updates August 16-23

Projects

Uptown at Liberty Park
Developer Uptown at Liberty Park, LLC is planning to build a residential rental community with 320 units housed in eightfour-story buildings and a 140-bed assisted living facility with memory care in Cape Coral, Florida. American Lending Center approved and funded this loan for Liberty Park...

Posts

Three Solutions for When Your EB-5 Raise Has Come Up Short
What was once a fertile and cheap source of financing for multifamily and hotel developers is largely absent. Learn the two primary reasons for the slowdown and some solutions in this EXCLUSIVE commentary on the subject. There has been...

Updates

Project Updates
Half-Built Fla. Resort's $39M Sale Gets Court Approval
A Florida bankruptcy judge signed off Friday on a $39.1 million sale of a stalled Fort Lauderdale resort partially built with $30...
Bankruptcy court approves purchase of stalled Las Olas hotel project
Magna Hospitality Group will acquire the Las Olas Ocean Resort in Fort Lauderdale through bankruptcy. Rhode Island-based Magna...
Bankruptcy court finally approves sale of Fort Lauderdale hotel project
550 Seabreeze Hotel project in Fort Lauderdale BeachRobert Indeglia, co-founder of Magna Hospitality Group Rhode Island-based...
Burke Resort Needs More Jobs Prior To Sale; Jay Peak Should Sell By Next Summer
Interest in Jay Peak Resort is high among prospective buyers, federal receiver Michael Goldberg told the judge in U.S. District Court in...
Residences at Dania Pointe Construction Update (July 2018)
Construction of the the overall Dania Pointe project rumbles on! The first tenants of the Phase I retail have taken occupancy and begun...
Jay Peak Receiver Settles Tax Dispute With Vermont Town
A Florida federal court has approved a settlement reached between the court-appointed receiver for the failed Jay Peak EB-5 project and...

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