IIUSA Executive Director to Testify at Senate Judiciary Committee
On Wednesday April 13th, the Senate Judiciary Committee will hold its second hearing of 2016 on the EB-5 Program. IIUSA Executive Director Peter D. Joseph will serve as a witness.
EB-5 Financed Riviera Point Business Center Doral Opens
The $9.5M office complex located in Doral, FL is now open. The project was completed by Riviera Point Development Group, and is already 92 percent pre-sold.
Douglas Co., GA Officials to Vote on Foxhall Project
The Douglas County Board of Commissioners is set to vote on a major resort development at the Foxhall Resort & Sporting Club. If approved, the $150 million project would be financed through EB-5 funds, revenue bonds, and a PILOT program.
Understanding Loan Documents in EB-5 Project Financing
This article explains the typical loan arrangement used in EB-5 transactions, focusing on the overall structure to identify various parties and ancillary loan documents involved and their respective roles in EB-5 transactions.
Brooklyn Library Redevelopment Project Courts Foreign Investors
Hudson Companies plans to raise up to $110 million for the construction of a 139-unit condo tower with a 27,000-square-foot library branch at the base.
Rockford, IL Officials Seek EB-5 Investors in China
Rockford, IL Mayor Larry Morrissey and developer Gary Gorman regularly travel to China in search of investors to transform an abandoned factory into a $67 million Embassy Suites hotel.
$175M EB-5 Target Reached for NYC Project
Davide Bizzi, Michael Shvo, and Howard Lorber have raised $175 million through the EB-5 program for their 91-story tower at 125 Greenwich Street.