EB-5


The Latest

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 projects 702 Seventh Avenue and The Wheel (Credit: iStock)

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...

Good Morning, Vietnam: Country is becoming a large EB-5 participant

Vietnam is boosting its presence in the EB-5 program, now trailing only China and India as the most active...

In legal back and forth, Mastroianni hit with new suit over EB-5 investments at Times Square project

An EB-5 activist known for organizing Chinese investors filed a racketeering lawsuit against Nicholas Mastroianni and his regional center, U.S. Immigration Fund — the...

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