Chanticleer Holdings Inc (NASDAQ:HOTR) insider has recently participated in insider trading activity. CEO, Chairman, Pruitt Michael D bought 400 shares for $232 via one transaction Sep 28. Following the transaction, the insider now owns 6,200 ...
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EB-5 program extended with no reforms to December
Congress extended the EB-5 visa program on Wednesday night, allowing the program to run until December. The program, which grants foreign investors green cards after they invest at least $500,000 in job-producing ventures, was set to expir...
Congressional Spending Legislation Containing an Extension for the EB-5 Regional Center Program Passed in the House and Senate
September 28, both the House and Senate have approved short-term federal spending legislation that contains an extension for the EB-5 Regional Center Program. The legislation extends the EB-5 Regional Center Program through December 9, 2016, ...
EB-5 regional center slaps Dermot with lawsuit over Battery Maritime loans
A major New York City EB-5 regional center has filed suit against entities affiliated with Dermot Company for allegedly failing to pay interest on $77 million in loans granted for its planned redevelopment of the Battery Maritime Building down...
Foreign Investor Program Needs an Equity-Inspired Update
On Sept. 30, the U.S. Senate is set to extend the EB-5 visa program, which offers residency to wealthy foreigners (and their families) if they invest in job-creating development projects, with a minimum of $1 million — or $500,000 in rural are...
Suresh Rajan, CEO, LCR Capital Partners
Prior to launching LCR Capital Partners (LCR), Suresh served as President and Chief Executive Officer of Java Nova LLC, a private equity funded franchisee of Dunkin Donuts. An experienced QSR operator, Suresh’s focus was on real estate selecti...
Milne Calls On Leahy To Answer Basic Questions Related To EB-5 Scandal
U.S. Senate Candidate Scott Milne today asked Senator Leahy to answer questions in light of the developing web of impropriety surrounding the EB-5 scandal. At a press conference in South Burlington, Milne said “it appears our Senator partic...
Milne Calls On Leahy To Answer Basic Questions Related To EB-5 Scandal
U.S. Senate Candidate Scott Milne today asked Senator Leahy to answer questions in light of the developing web of impropriety surrounding the EB-5 scandal. At a press conference in South Burlington, Milne said “it appears our Senator partic...
Construction start date set for redevelopment of iconic Coco Palms Resort site
Construction on the $135 million redevelopment of the iconic Coco Palms Resort on Kauai is expected to start in January, Pacific Business News has learned. Coco Palms Hui, headed by Chad Waters and Tyler Greene, is in the final stages of de...
Expert: Temporary Extension Expected for EB-5 Investor Visa Program
"The EB-5 investor immigrant program that is popular with Chinese is expected to get a temporary extension when Congress acts on legislation to fund the operation of the US government until Dec. 9. Stephen Yale-Loehr, an attorney and Cornel...
After 20 years in office, one final ‘campaign’ for Miami mayor
On his first day as a city of Miami commissioner, a middle-aged Spanish-language radio host with dark, gray-streaked hair was called into an impromptu meeting in the mayor’s second floor office to meet “some people” who wanted to speak to him....
Investor visas helping fuel new restaurants in Central Florida
The controversial "green card through investment" visas that helped fund Orlando City's Soccer Stadium, and many other projects in the United States, are catching fire to finance new restaurants in Central Florida. Some developers are skipp...
Leahy: Reform EB-5 or end it
Senator Patrick Leahy (D-Vermont) and Senator Charles Grassley (R-Iowa) spoke back-to-back on the Senate Floor Thursday morning, as the EB-5 reform issue goes down to the wire. The program’s authorization expires on September 30. Some in Con...
Capitol Notebook: Why bother now with new mission statement for Board of Education?
Some people on the South Dakota Board of Education want to write a new mission statement. The reason is obvious. They want to show they weren’t responsible for the stealing, followed by the lying and finally the killings connected to the...
Top GOP chairmen investigating foreign visa program
Two top Republican committee chairmen are investigating an interagency panel that advised the federal government to shut down a controversial investor visa program that expires in October. Senate Judiciary Committee Chairman Chuck Grassley ...