Jared Kushner, President Donald Trump's son-in-law and senior advisor, took advantage of a federal program aimed at helping low-income communities to build a 50-story luxe residential tower in a wealthy neighborhood in New Jersey. According...
Featured Commentary
Recent Commentary
Kushner used incentives meant for poor neighborhoods to build luxury tower in N.J.
Getting Ready for Change in the EB-5 Ecosystem
As we head into the summer, there is no certainty that we will see changes to the EB-5 Program. Lawmakers may simply not act, which may result in EB-5 being included in Continuing Resolutions alongside other immigration programs that are tempo...
Golden Opportunity Regional Center Selects NES Financial EB-5 Third-Party Administration for Latest Project - Grover Beach Resort
NES Financial announced today that it has been selected by Golden Opportunity Regional Center to provide its institutional quality EB-5 administration solution for the Regional Center's latest project, Grover Beach Resort, in Grover Beach, Cal...
Dem lawmakers press Kushner Companies on use of visa program
Three Democratic lawmakers are seeking answers from the real estate company owned by the family of President Trump's son-in-law and senior adviser Jared Kushner over its use of a program designed to help to foreign investors obtain U.S. visas....
Jared Kushner's Uncle Used Trump To Sell Real Estate
Murray Kushner, the uncle of President Donald Trump’s son-in-law and senior adviser Jared Kushner, has reportedly used Trump's status as president to pitch real estate to Chinese investors. According to Bloomberg Politics, Murray’s KRE Grou...
Jared Kushner built luxury condos using real estate grants meant for poor communities: report
Among the flurry of articles surrounding President Donald Trump’s adviser and son-in-law Jared Kushner, one of the less headline-grabbing stories centers on some of Kushner’s more unsavory business practices at the helm of his family’s real es...
Westphalia developer advances project despite threat of default
The developer behind the Westphalia Town Center is advancing the project on multiple fronts despite the recent receipt of a potential default notice tied to more than $34 million in maturing debt. Calgary, Alberta-based Walton Westphalia De...
U.S. Senator urges Dept. of Homeland Security to probe One Journal Square affiliates
U.S. Senator Chuck Grassley (R-Iowa) is calling on the U.S. Department of Homeland Security, as well as the Securities and Exchange Commission, to investigate potentially fraudulent claims made by affiliates of the One Journal Square project. ...
Senate Republican Wants Probe Of Kushner Inc.’s China Cash-For-Visas Push
The chairman of the Senate Judiciary Committee has called for an investigation into “potentially fraudulent statements and misrepresentations” made by companies promoting investment in a property development involving the family company of Whi...
Trump Says He Has ‘Total Confidence’ In Kushner As His Star Fades At WH
President Donald Trump defended his son-in-law Jared Kushner on Sunday as reports on Kushner’s contacts with Russian officials piled up and his clout in the White House reportedly began to fade. “Jared is doing a great job for the country,”...
Feds file lawsuits to seize properties across San Gabriel Valley, Inland Empire connected to EB-5 fraud
United States Attorney’s Office prosecutors filed nine lawsuits Thursday seeking the seizure of real estate properties across Southern California allegedly purchased with millions in proceeds from what FBI investigators said was a fraudulent v...
Kushners know it helps to have friends in the oval office
President Trump kept the government open recently by signing a $1.1 trillion appropriations bill, and tucked into that 1,665-page monstrosity was one paragraph that enables wealthy foreigners to buy American citizenship. The next day, Nicol...
Jared Kushner's family apologises for name drop in pitch
And the pitch came with a sweetener: Meyer talked about the Kushner family, including her brother who holds a powerful position in the White House as senior adviser to President Trump. The company, which included mention of Mr. Kushner and a l...
EB-5 Investors Defend Hospital Investment, Win Visas
Six Chinese investors have won visa approval through the EB-5 program, ending litigation in which they said the Department of Homeland Security failed to acknowledge that their investments in a hospital helped a troubled business. Accordin...
US Developer With Trump Connection Courting Chinese Investors
Revelations that the sister of Jared Kushner, President Donald Trump's son-in-law and adviser, promoted a program offering a path to USA citizenship to Chinese backers in a Kushner family project bring new scrutiny to a foreign investor visa p...