EB5 Capital is contributing a $44.5 million preferred equity investment in Douglas’ office-to-multifamily housing conversion.

Douglas Development and its partner in a new project on 1900 Half St., SW, have secured EB-5 capital to partially finance the office-to-multifamily housing conversion.

EB5 Capital is contributing a $44.5 million preferred equity investment to the $190 million project that is currently under construction. 

Source: https://www.globest.com/2019/03/15/douglas-secures-eb-5-money-for-1900-half-st-project/

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