eb-5

Glenn Straub and the Palm House Hotel

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...

Glenn Straub loses appeal on Palm House sale
(Credit: iStock)

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...

Here’s what the EB-5 rule changes mean for real estate
EB-5 investors rush in ahead of looming rules change

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...

EB-5 investors rush in ahead of looming rules change
Robert Matthews and Palm House Hotel

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...

Embattled Palm House developer Robert Matthews agrees to federal securities charges
Academica founder Fernando Zulueta and rendering of Somerset Academy Parkland (Credit: Blue Ridge Rendering)

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...

Parkland charter school scores $15M in EB-5-backed financing
Hotel Astor (Credit: Groupon)

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....

Financially troubled Hotel Astor in Miami Beach listed for sale
President Donald Trump (Credit: Getty Images and Mango Map)

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...

Big changes are coming to the EB-5 program
Robert Matthews and 101 Casa Bendita

Mansion once owned by Palm Beach convicted fraudster sells for $30M

UPDATED, July 15, 10:16 a.m.: Just a few years ago, Palm Beach’s high society packed the sprawling waterfront estate...

Mansion once owned by Palm Beach convicted fraudster sells for $30M
Rendering of Hollywood Circle and developer Chip Abele

EB-5 funded project in downtown Hollywood scores $125M loan

Hollywood Circle, a mixed-use project funded in part with Chinese EB-5 money, closed on a $125 million loan. The...

EB-5 funded project in downtown Hollywood scores $125M loan
With Chinese investment drying up, EB-5 debt isn’t nearly as cheap

With Chinese investment drying up, EB-5 debt isn’t nearly as cheap

UPDATED, June 5, 1:52 p.m. EDT: EB-5’s go-go days are a thing of the past, and now developers are...

With Chinese investment drying up, EB-5 debt isn’t nearly as cheap
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