New EB-5 rules targeting abuse may be eased
EB-5, the federal visa program that helped fund development projects like the massive Hudson Yards in New York, has been fading recently and on the ropes, a result of fraud and its own popularity....
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Moishe Mana sells Hibiscus Island home for $12M, CitizenM scores $48M loan to build Brickell hotel
Every day, The Real Deal rounds up South Florida’s biggest real estate news, from breaking news and scoops to announcements and deals. We update...
Lawsuit seeks to halt new EB-5 regulations
Less than a month after the new EB-5 rules came out, a Florida regional center has filed a motion in federal court, seeking a temporary restraining order to halt enforcement. The company, Florida EB5...
Glenn Straub loses appeal on Palm House sale
The creditors of the Palm Beach condo-hotel project that was once at the center of South Florida’s largest EB-5...
Here’s what the EB-5 rule changes mean for real estate
The EB-5 program’s new federal regulations take effect today, and will double the minimum dollar amount that all foreign...
EB-5 investors rush in ahead of looming rules change
Alejandro Navia had been getting just a handful of calls each month from potential EB-5 investors for his development...
Embattled Palm House developer Robert Matthews agrees to federal securities charges
The developer behind a Palm Beach condo-hotel project that once promised foreign investors that Celine Dion, Donald Trump and...
Parkland charter school scores $15M in EB-5-backed financing
Academica scored $15 million in EB-5-backed construction financing to start building a new charter school in Parkland. The Miami-based...
Financially troubled Hotel Astor in Miami Beach listed for sale
UPDATED, Aug. 13, 9 p.m.: The financially troubled and now-closed Hotel Astor is on the market for $12 million....
Big changes are coming to the EB-5 program
The Trump administration released new rules governing the EB-5 cash-for-visas program. And many in the real estate industry believe the changes will tighten the spigot on a source of cheap capital that’s partly fueled...
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