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EB-5 News & Updates October 25 - November 01

EB5Projects.com Events

ONE, St. Petersburg EB-5 Project Q&A

Florida, Miami, US November 8th 4 pm EST

                                                                     ​ USCIS I-924 exemplar pre-approved All required EB-5 jobs already created  Level 3 independent verification by USAdvisors  41-story tower in St. Petersburg, Florida ...

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Projects

Courtyard by Marriott Delray
The Courtyard by Marriott Hotel in Delray Beach, Florida Under Construction-project construction began in Fall 2018 and is well underway 190% job creation - project creates 1.9x jobs required for the EB-5 program (25 jobsper investor) Low Capital Percentage - EB-5 is only 24% of the total...

Updates

Firms Updates
Miami’s condo market of future less about “cycles and roller coaster rides”: TRD panel
Developers Michael Stern, Jules Trump and others say shortage of inventory, tightening credit markets could serve to stabilize market A shortage of developable land and a credit crunch means Miami’s luxury condo market will see significantly...
Expect More EB-5 Visa Lawsuits
Emilie Cooper, partner at Haynes and Boone With the backlog of Chinese investors waiting for green cards, Emilie Cooper, a partner at law firm Haynes and Boone, and formerly with Kasowitz Benson, says once an easy source of capital, EB-5 visas...
User Updates
Fraud allegations against Florida developer/political donor with ties to Trump, Kushner
When Nicholas Mastroianni II appeared on stage at a real estate forum in Shanghai in 2016, the other panelists — including ex-New York governor George Pataki – deferred to him as the expert on the U.S. government’s EB-5 program, which allows...
Might This Be ‘Last Call’ for $500,000 EB-5?
Real talk: let me start this blog by admitting, “Yeah, I know you’ve heard this before.” The EB-5 industry has been saying it for years. It usually goes something like “Congress is going to pass game-changing legislation when the program needs to...
Quiros, insurer reach settlement ahead of trial in $10M policy dispute
Ariel Quiros at the opening of Jay Peak Resort’s Stateside Hotel in December 2013. Days before a trial was set to begin, Jay Peak owner Ariel Quiros and his insurance company reached a settlement in a dispute over his claims that the firm should...
Project Updates
Mount Snow prepares for record-breaking opening date
With colder than normal temperatures, ski areas are getting a jump start on the upcoming season. At Mount Snow, not only do they have...
What happens when an EB-5 project fails?
550 Seabreeze Hotel In 2012, a trio of developers drew up plans to build a 12-story InterContinental hotel in Fort Lauderdale Beach. The...
Lucky Dragon hotel sold for $35M at auction
The Lucky Dragon hotel and casino was sold back at an auction Tuesday morning to its main lender for $35 million. It was the opening bid...
Residences at Dania Pointe Construction Update (October 2018)
As of October 31, 2018, test pile operations are complete and the geotechnical engineer confirmed that the augercast pile submittals...
No Bids For Shuttered Asian-Themed Las Vegas Casino-Hotel
No one has bid at a foreclosure auction for the Lucky Dragon casino-hotel off the Las Vegas Strip. The opening bid for Tuesday's auction...
Regional Center Updates
OURS: Amendment W adds needed transparency
The state Capitol building in Pierre. For the second time in three years, South Dakotans will have the chance to vote on a ballot measure that would bring a level of accountability to a Legislature that an apparent majority in the state believes...
Donovan, Willhoit spar over EB-5 records, bail reform in attorney general debate
Candidates for Attonery General of Vermont debate at the Capital Plaza Hotel Saturday. A debate between the two major party candidates for attorney general Saturday featured the challenger professing his love for the incumbent. However, that didn...

Events

ONE, St. Petersburg EB-5 Project Q&A

Florida, Miami, US November 8th 4 pm EST

                                                                     ​ USCIS I-924 exemplar pre-approved All required EB-5 jobs already created  Level 3 independent verification by USAdvisors  41-story tower in St. Petersburg, Florida ...

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