EB-5 sees investment boost, tensions flare between brokers and StreetEasy: Daily digest
Every day The Real Deal rounds up New York’s biggest real estate happenings, from breaking news and scoops to...
EB-5
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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...
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...
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...
City still has no plans for the languishing New York Wheel site
Six months after the New York Wheel was nixed, the city still has no plan for the vacant site....
Miami developer pleads guilty to EB-5 fraud, money laundering at failed Palm Beach hotel
Robert Matthews, the developer of the Palm House Hotel, pleaded guilty on Thursday in federal court to money laundering...
EB-5’s WeChat wars
Not long after developers pulled the plug on the $900 million New York Wheel – the biggest EB5-backed project ever to go belly-up – a group on the popular Chinese messaging app WeChat lit...
NoMad Ritz-Carlton secures $125M in EB-5 funds — but not from where you’d think
UPDATE, April 19, 2019, 1:30p.m.: If Flag Luxury Group’s recent deal is any indication, EB-5 financing is alive and...
Developer dodges SEC suit over EB-5 projects, but legal troubles persist
Chicago developer Taher Kameli scored a victory in court when a judge threw out a federal lawsuit over alleged...
Pacific Park EB-5 funds could end up in billion-dollar Manhattan developments
Money set aside through the EB-5 program for Brooklyn’s Pacific Park megaproject could end up in one of two...
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