Joseph Walsh hit with $26M judgment over alleged Royal Palm Beach EB-5 fraud
Joseph Walsh Sr., who is accused of being a pivotal player in some of South Florida’s biggest EB-5 fraud...
The Latest
Questions surround $50M in EB-5 investments tied to former INS building: lawsuit
A Chinese investor is suing over a stalled mixed-use redevelopment project in Miami’s Upper Eastside neighborhood that generated more...
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...
New York Issue
“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,...
New York Issue
“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,...
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