In this installment of Capital Chat, Steve Klein, partner at Gerson Preston, explains what the upcoming Dec. 11 deadline means for the EB-5 program.
Capital Chat is a weekly column for Multi-Housing News and Commercial Property Executive in which top industry leaders give exclusive interviews where they share their insights on market trends, investment strategies and more.
The September passing of stopgap legislation which delayed the expiration of the EB-5 Immigrant Investor program has raised a lot of questions for domestic and foreign investors alike. Will the program expire after its temporary deadline of Dec. 11? Will the required investment amount increase? Will the regional center aspect of the program be reformed?
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