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...
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National
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...
National
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....
National
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...
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...
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...
National
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...