National
Trouble in EB-5 land: Congress at impasse on extension
Last week was a roller coaster for the cash-for-visas EB-5 program. Its backers celebrated Tuesday when a federal judge...
EB-5
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National Issue
Oceanwide’s US business is sinking. Can it right the ship?
In 2014, Oceanwide Holdings announced plans to build a 2.4 million-square-foot megaproject in San Francisco. The twin-tower development would...
National
EB-5 program set to expire at the end of June
A U.S. visa program that gave green cards to investors and was popular among real estate developers, is set...
Coachella condo project at center of $20M alleged EB-5 fraud
Federal authorities have charged a Los Angeles County woman with stealing $20 million from EB-5 investors who thought they...
New York
Related halts payments to Hudson Yards EB-5 investors
Related Companies, one of the EB-5 program’s biggest proponents, is halting payments to such investors in Hudson Yards because...
New York
Real estate ad dollars vanished as pandemic spread
Eyeballs were looking for real estate to ogle online, but developers pulled back on hawking their properties. The amount...
National
EB-5 fund administrator sells amid push to resurrect program
One of the country’s largest EB-5 and Opportunity Zone fund administrators will be acquired for at least $40 million...
National
EB-5 is back in the doghouse
EB-5 was left out of Congress’ $2 trillion federal stimulus package bill, crushing developers’ hopes of getting cheap financing as real estate deals come to a halt. The federal program that allows foreign investors...
National
Could a pandemic bring EB-5 back to life?
After the last recession, developers turned to the federal EB-5 program for cheap financing to fund new development projects in the country’s hottest residential and commercial markets. The program became such a lifeline for...
National
In a bid to boost the economy, Trump may give new life to EB-5 program
As the economy strains under the pressure of COVID-19, Donald Trump is reportedly considering a plan to increase the...
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