The Lucky Dragon Casino was one of Las Vegas’ shortest-lived projects. It was sold for a fraction of the price it cost to build on Monday and for less than the debt owed to its main creditor. Doomed off-Strip casino project Lucky Dragon wa...
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Failed Lucky Dragon Casino Sold for $36 Million to Become Non-Gaming Hotel
PNJ5 Chooses NES Financial EB-5 Solution Suite for Sacramento Hyatt Development
Leading Specialty Financial Administrator’s Purpose-Built Solutions Provide Security, Transparency & Compliance Throughout the Immigrant Investor Process NES Financial announced today that Bay Area development firm PNJ5 has selected NES Fin...
Prosecutors Probe $285 Million Deutsche Bank Loan to Jared Kushner’s Family Business
Prosecutors are reportedly looking into a $285 million loan made by Deutsche Bank to White House Senior Adviser Jared Kushner’s family real estate business a month before Election Day — although it is not clear why. The Wall Street Journal ...
U.S. Immigration Fund Announces I-924 Approval for its 29th & 5th Project, HFZ Capital's NoMad Tower
U.S. Immigration Fund (USIF) is pleased to announce that United States Citizenship Immigration Services ("USCIS") has issued an I-924 application approval for its 29th and 5th Project . "We are pleased to receive I-924 approval for our 29t...
American Lending Center Executives Lead at 2019 Taiwan Immigration Fair
Continuing successful efforts to expand in key Asian markets, American Lending Center (ALC), a leading EB-5 regional center, hosted a booth at the 2019 International Fair for Immigration, Education and Investment for which the company also ser...
Complaints about the EB-5 visa program are legitimate, but the construction of Hudson Yards is impressive and undeniable
A spectacular success. It is true that the EB-5 visa program — by which foreign investors essentially buy green cards for themselves and their families by pouring $500,000 or $1 million into the U.S. economy — needs fixing. It is true t...
Investor attorney takes on state, twice, in EB-5 cases before Vermont Supreme Court
Attorney Russell Barr argues before the Vermont Supreme Court on two EB-5 related cases. Jay Peak investors should be allowed to sue the state and officials responsible for running the Vermont EB-5 Regional Centerfor permitting fraud to occ...
Giving Hudson Yards $1.2B Earmarked For Poor Areas An 'Insult'
Public Advocate Jumanee Williams said Tuesday that Hudson Yards was "built on the backs" of needy New Yorkers. New York City Public Advocate Jumaane Williams said that recent reports showing Hudson Yards received billions in funding from a ...
Investors Claiming EB-5 Visa Fraud Fight With Centennial Bank to Get Money Back
Investors who say they were duped into sinking $10 million into an office project now are fighting Centennial Bank to get some money back. The bank claims it should collect first on an $8.5 million mortgage. Foreigners who say they were tri...
U.S visa experts to meet Nigerian investors for green card opportunities
A team of experts in United States (U.S) visa for investors will be in Nigeria to meet investors wishing to migrate to the U.S through green card. The experts will address intending migrants at a seminar organised by Brandleys International...
Early Arrival: Hudson Yards Funded Through Questionable Visa Practices
The much-maligned Hudson Yards real estate project was financed through the EB-5 visa program, which offers foreigners green cards if they invest $500,000 in economic projects in the U.S. Hudson Yards utilized $1.2 billion in EB-5 money, which...
The Financing of Hudson Yards Is Worse Than Its Architecture
The Vessel seen looming in the foreground of the Shed and it’s attached luxury skyscraper A Citylab report claims that Hudson Yards stole funds intended for low-income communities in Harlem by taking advantage of a controversial investor v...
The Hidden Horror of Hudson Yards Is How It Was Financed
Hudson Yards is the $25 billion mega-project critics love to hate. Manhattan’s new luxury mega-project was partially bankrolled by an investor visa program called EB-5, which was meant to help poverty-stricken areas. Since its official ...
How funding for distressed urban areas ended up in New York's Hudson Yards
Hudson Yards. There are lots of reasons not to like Hudson Yards, the vast new city-within-a-city on the west side of Manhattan. Among them: $1.2 billion of the funding for the project came from the EB-5 visa program, with even more money ...
JDS sells Far Rockaway beachfront complex for $33M
Treetop Development picked up Michael Stern's Saltmeadow project in Queens Michael Stern is cashing out on a sprawling complex of luxury properties in Far Rockaway, and he found a buyer with ambitious plans for the seaside community. For...