USCIS Updated Its List of Terminated EB-5 Regional Centers
USCIS updated its online list of terminated EB-5 regional centers. According to the National Law Review, it is important that regional centers provide USCIS with adequate information to explain inactivity that may be justifiable.
Silverstein Properties Markets EB-5 to Fund Final World Trade Center Tower
The Wall Street Journal reports that Silverstein Properties is marketing the EB-5 visa program in China, hoping to raise about $500 million to help finance construction of the final World Trade Center office tower.
IIUSA Delivers Compromise EB-5 Legislative Proposal to Congress
IIUSA delivered its EB-5 legislative compromise proposal to Congress addressing Targeted Employment Areas, minimum investment amount, job creation methodologies, and effective dates.
EB-5 Financing Fuels Part of Allentown's Revitalization
The next phase in the Allentown City Center's development plan is a $225 million complex that will bring an office tower, high-rise apartments, parking complex, and public park. According to the Morning Call, the financing will come partly through the EB-5 program to encourage private foreign investment.
EB5 Capital Expanding into TX
The new Texas Regional Center, EB5 Capital, will help meet the growing demand for lower-cost foreign investment capital. According to Press Release Rocket, EB5 Capital is an active player in the EB-5 industry, investing in commercial real estate ventures in both urban and rural markets.