Investors seeking a visa through the EB-5 program will face new restrictions anadians who enter the U.S. as visitors are typically allowed to stay for up to 180 days (six months) per year. Those who have purchased vacation homes in warmer s...
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Changes coming to U.S. immigrant investor program
SD Supreme Court Tackles EB-5, Deadwood Mountain Grand Lawsuit Questions
EB-5 has become code for one of South Dakota's most complex political scandals. EB-5 is the program by which foreign investors buy a chance at getting a visa by investing a half million dollars to create jobs. EB-5 is alive now in federal c...
City still has no plans for the languishing New York Wheel site
Mayor Bill de Blasio and a rendering of the New York Wheel Six months after the New York Wheel was nixed, the city still has no plan for the vacant site. The NY Wheel has still not terminated its lease agreement with the city, the State...
NES Financial’s Private Equity Fund Administration Selected by FrontFour Real Ventures for Nashville Real Estate Fund
Third-party specialty financial administrator will minimize FrontFour’s operational risk and maximize efficienc NES Financial announced today that it has been selected by FrontFour Real Ventures LLC as the third-party administrator for the ...
Developers seeking $36M in EB5 finance for Brooklyn hotel
George Washington Immigrant Group announced it aims to provide $36 million in EB-5 financing for VOS Hospitality and SDS. The funds will be used to finance a portion of the costs of constructing BKLN Autograph, a full-service Marriott Auto...
AAP launches US EB-5 visa investor programme in Nigeria
Atlantic American Partners (AAP) has launched its United States EB-5 Immigrant Investor Program in Nigeria to help potential investors secure a hassle-free immigration process to live, work, attend school in the U.S and also get reasonable ret...
Early Arrival: EB-5 Investors Take to WeChat to Organize Lawsuits
Monday’s Edition of Early Arrival: Turning 18 While Undocumented — Texas Settles in Voter Fraud Lawsuits — Ending Family Separation was a ‘Disaster,' Trump Says Shortly after the New York Wheel ferris wheel project imploded, a group of Chin...
Three years on, no criminal charges in Jay Peak fraud
Gov. Peter Shumlin, Jay Peak CEO Bill Stenger, Ariel Quiros, the owner of Jay Peak, and his son Ary Quiros at a ribbon cutting. No criminal charges have been brought in the Jay Peak Resort fraud scandal — three years after federal and state...
Failed Lucky Dragon Casino Sold for Fraction of Construction Cost
Casinos come and go in ever-changing Las Vegas, but the Lucky Dragon Casino failed after only 2 years, and was recently sold for $36 million. The new owner, Ahern Rentals, plans to turn the doomed casino into a non-casino hotel and conference ...
Developer Robert Matthews pleads guilty, faces prison for multimillion-dollar real estate swindle
Robert V. Matthews. Politically connected developer Robert V. Matthews faces years in prison after pleading guilty Thursday to conspiracy, money laundering and tax offenses for stealing millions from foreign investors he persuaded to invest...
Forum set for Tuesday on business assistance
The Lamoille Economic Development Corp. is sponsoring a business assistance forum on Tuesday, April 30, from 9 to noon at the Green Mountain Technology and Career Center in Hyde Park. Representatives from several federal and state organizat...
EB-5 developer in Palm Beach pleads guilty to money laundering and tax evasion charges
Bob and Mia Matthews Robert Matthews once claimed that Donald Trump and President Bill Clinton would be on the project’s advisory board Robert Matthews, the developer of the Palm House Hotel, pleaded guilty on Thursday in federal court t...
Failed Lucky Dragon Casino Sold for $36 Million to Become Non-Gaming Hotel
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...
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 ...