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...
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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...
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...
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...
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...
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...
“We’re the elite”: What backlogged Chinese EB-5 investors are planning next
They would be known to each other only by their noms de guerre: Mecky, Mr. Xu, Julie, Mr. Li,...
“We’re the elite”: What backlogged Chinese EB-5 investors are planning next
They would be known to each other only by their noms de guerre: Mecky, Mr. Xu, Julie, Mr. Li,...
More EB-5 investors allege fraud at Jupiter development
EB-5 developer Nick Mastroianni is facing another lawsuit from Chinese investors who poured money into the Harbourside Place project...
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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