Many of the 110 foreign investors who provided the bulk of Green Valley Hospital's initial financing are nervous as the facility regroups in the midst of its bankruptcy proceeding. The foreign investor group, operating as Green Valley Medic...
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'They're scared': Foreign investors nervous over GV Hospital
SEC sues Chicago developer over $89 million visa funding plan
Another Chicago real estate developer who raised money through a controversial federal visa program is facing charges that he cheated overseas investors in his projects. The Securities & Exchange Commission has filed a lawsuit against Taher...
SEC Slaps Senior Housing Developer with EB-5 Lawsuit
A development group with plans for a $500 million senior housing pipeline now is embroiled in a lawsuit with the Securities and Exchange Commission (SEC), which is alleging that the developer misused tens of millions of dollars raised through ...
Founder Of Eb-5 Global Ventures, Micol Mion Reaches Out With Renewed Immigration Plans
The founder of EB-5 Global Ventures, Micol Mion continues to expand her consultancy business and earn favors from thousands of investors around the world. As a parent company of EB-5 Global Ventures, Immigration Solution LLC seeks to do the sa...
SEC Says Atty Stole Part Of $89M EB-5 Investments
A Chicago-based immigration attorney was hit with a U.S. Securities and Exchange Commissionlawsuit Thursday accusing him of funneling some of the nearly $89 million he collected from EB-5 visa holders into his own pockets instead of using the ...
Hospital CEO gives update on bankruptcy proceedings at forum
More than 200 people showed at the GVR West Center on Tuesday for an update from CEO John Matuska on Green Valley Hospital's financial health as it navigates the bankruptcy process. The hospital filed Chapter 11 bankruptcy in April. Bankrup...
CanAm Responds to USCIS EB-5 Reports
CanAm’s President and CEO, Tom Rosenfeld, published the below letter to investors and industry professionals correcting USCIS’ errors in reporting CanAm’s track record. "I write to you today in regards to reports published by the USCIS purp...
‘Flashy’ glass wiped off historic district hotel plan
Turns out the dichroic glass design for the proposed Tacoma Convention Center Hotel was too polarizing. The city’s Landmarks and Preservation Commission approved a new design for the skyscraper last month, sans the decorative glass, which d...
USCIS Published I-526 / I-829 Performance Data By Regional Center, But Accuracy Of Data Called Into Question
On June 19, 2017, USCIS published a list of approvals and denials for Form I-526 [link] and Form I-829 [link] performance based on Regional Center, ranging from January 1, 2014 to May 31, 2017. At first glance this seems to be great news for i...
China's Richest Man Gets A $700M Assist From Ping An For Chicago Skyscraper
China’s real estate developers have left home for Australia, Europe and the US, but that doesn’t mean that they’ve left their funding partners behind. Chinese financial institutions are taking a growing slice of the real estate lending mark...
Miami Owes Its Life To Foreigners
A contractor pulls equipment in front of a new high rise condominium and office buildings under construction in the Brickell neighborhood of Miami, Florida, U.S., on Friday, Sept. 30, 2016. Developers are building entire neighborhoods as forei...
Chicago Vista Tower developer snags $700M construction loan
Dive Brief: Developers for the 94-story, $1 billion Vista Tower in Chicago have secured a $700 million construction loan, the largest real estate-related financing deal in the city's history, from China-based Ping An Bank, according to the ...
The Truth About Trump's Golden Boy
Perhaps no figure embodies the bizarre state of US politics better than Jared Kushner. With Trump's victory in November, the bland and unremarkable 36-year-old real estate tycoon went from being a virtual nobody -- the husband of Trump's da...
Real estate firm owned by family of Trump’s son-in-law withdraws request for New Jersey tax break
Ties to the White House may ultimately help the Kushner Cos, but recent trouble in a New Jersey city suggests they can hurt a bit, too. The real estate firm owned by the family of Jared Kushner, the son-in-law of US President Donald Trump, ...
'PBS NewsHour' delves into Kushner controversy in Jersey City
"PBS NewsHour'' took viewers on a tour of Jersey City last night with the help of Jersey Journal reporter Terrence McDonald as it looked into the continuing controversy of the Kushner Companies' use of a visa program to get foreign financing f...