The home owned by Ariel Qurios at 986 Lake Road in Newport is under contract for $290,000. The Vermont real estate holdings of the indicted former owner of Jay Peak continue to shrink as the person now overseeing those properties says he h...
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Quiros’ house in Newport latest sale as receiver keeps moving Quiros’ assets
100 GOP Reps Back Fast-Track Citizenship for Chinese Investors
The House will vote as early as Tuesday on a bill that would give wealthy Chinese lenders a fast-track to American green cards and citizenship. Democratic Rep. Zoe Lofgren’s bill — The Fairness for High Skilled Immigrants Act of 2019 — is c...
Foreign Investor Immigration Stampede Expected As U.S. EB5 Investment Requirements Rise
The U.S. government is about to publish a new regulation increasing EB-5 investment requirements that investor immigrants will need to meet in coming to America. No Secret It is no secret that we are on the verge of the publication of a...
CMB's Thoughts on OMB Finalizing Their Review of EB-5 Modernization Regulation, Changes to Come
The United States Citizenship and Immigration Services (USCIS) first published the proposed new rules for the Immigrant Investor Program Modernization in January 2017. After a period of public comment the USCIS on February 22, 2019 submitted t...
What's The Plan For The 'Pit' In The Middle Of Newport?
This month on Brave Little State, we head to the Northeast Kingdom to answer a listener question about a stalled redevelopment project. The “pit,” as Jill calls it, is a block of demolished buildings in the center of Newport’s downtown dist...
Trump shouldn’t go through with Obama-era rollback of EB-5 investment visas
President Trump has the economy firing on all cylinders, except for one. Less regulation? Check. Lower taxes? Check. Historically low unemployment? Check. But good trade relations? Not even close. Although Trump has done a lot of good, the ...
Pam Golding partners with American Dream on EB-5 investment visas
Property giant Pam Golding and EB-5 investment visa specialists American Dream have combined forces to provide EB-5 investment visa expertise to SA investors looking to participate in the EB-5 Investment Programme, to gain permanent residency,...
When it comes to Opportunity Zones, there are lessons to be learned from EB5
There are many similarities between the EB-5 Immigrant Investor Visa Program and the Qualified Opportunity Zone Program. With both, the federal government provides an added inducement for investors to finance qualifying projects. Additional...
Developers Of Financial District Condo Skyscraper Facing Foreclosure
125 Greenwich St. as of October 2018 The companies behind a luxury condominium in the Financial District missed loan repayments and are now facing foreclosure from their senior lender, according to a new lawsuit. Davide Bizzi’s Bizzi & P...
EB-5 Funded Hollywood Circle Tower Gets $125 Million End Loan
Chip Abele is the developer of Hollywood Circle and founding partner of Gold Coast Florida Regional Center. More than half of the loan will be used as working capital by the development team. The year-old Hollywood Circle apartment-hote...
Senior lender files to foreclose on 125 Greenwich
From left: Davide Bizzi, Howard Lorber and 125 Greenwich The development team -- which includes Davide Bizzi and Howard Lorber -- was unable to make loan payments amid slow sales at the FiDi supertall A senior lender at 125 Greenwich Str...
Chinese investors seeking green cards claim Silicon Valley businesswoman scammed more than $45 million
Superior Court of California in downtown San Jose, Calif., on Monday, July 1, 2019. Dozens of Chinese citizens who handed over more than a half-million dollars each to a Santa Clara County businesswoman as investments that would qualify th...
A Walk Through Hudson Yards, The New York Playground For A Select Few
Hudson Yards exists as a reminder of the stark socioeconomic disparities that exist in the city and of how gentrification continues to exacerbate and perpetuate the lack of affordable housing. Hudson Yards promotes itself as a space public toa...
Mount Snow parent company has record year
A competitor gets air out of the superpipe during a contest at Mount Snow. Mount Snow's parent company Peak Resorts is reporting a record year for revenue since becoming publicly traded in 2014. For fiscal year 2019, the company brought ...
Jay Peak sale draws interest; Burke remains on hold
The Hotel Jay at Jay Peak Resort. More than two dozen entities have expressed interest in reviewing the financials of Jay Peak as the man in charge of running it seeks to sell it to recoup money for defrauded investors in massive projects ...