SEC Authority over EB-5 Offerings Confirmed in Court Victory

On Thursday, June 29, 2017, in the closely-watched EB-5 case SEC v. Feng, No. 2:15-cv-09420 (C.D. CA, filed December 7, 2015), a U.S. district court in California affirmed the authority of the Securities and Exchange Commission (SEC) to oversee EB-5 investment offerings. New York attorney Hui Feng was one of several immigration attorneys sued by the SEC in 2015 … Read moreSEC Authority over EB-5 Offerings Confirmed in Court Victory

Jersey City, where the Kushners’ worlds collide

The site of the One Journal Square luxury apartment project in Jersey City, N.J., in May 2017. Until he stepped aside from his real estate business to become a senior White House aide, developer Jared Kushner was a major player in the gentrification of Jersey City, where former railroad yards and waste sites are being transformed into … Read moreJersey City, where the Kushners’ worlds collide

Seven of the Biggest Urban Projects Under Development Across US

CBDs of Nearly Every Major American City Filled With Sounds of Construction as Huge Mixed-Use Projects Move from Drawing Board to Construction Phase It’s good job security to be a crane operator in most American metros these days, with the U.S. construction pipeline at or near peak levels across most commercial property types.  At nearly … Read moreSeven of the Biggest Urban Projects Under Development Across US

Jersey City has turned sharply against Donald Trump’s son-in-law, Jared Kushner

Being related to President Trump is not a blessing in Jersey City. ntil he stepped aside from his real estate business to become a senior White House aide, developer Jared Kushner was a major player in the gentrification of Jersey City, where former railroad yards and waste sites are being transformed into luxury housing. His … Read moreJersey City has turned sharply against Donald Trump’s son-in-law, Jared Kushner

USCIS Ombudsman Releases Annual Report to Congress

On June 30, USCIS released its Annual Report 2017 to Congress on matters relating to its mission – “aiding applicants and sponsors applying for immigration benefits and identifying trends and ongoing problems in the administration of identifying trends and ongoing problems in the administration of our immigration system and, where possible, making recommendations on how to solve … Read moreUSCIS Ombudsman Releases Annual Report to Congress

Quiros fraud defenses issue settlement talks continue

Ariel Quiros at the opening of Jay Peak Resort’s Stateside Hotel in December 2013.  A federal judge is facing dueling filings over what defenses Jay Peak owner Ariel Quiros can raise to investor fraud allegations, though it’s still unclear if the case will even make it to trial. That’s because his new attorney says the ski … Read moreQuiros fraud defenses issue settlement talks continue

Niskanen center submits comments USCIS’s EB-5 capital requirements

The public interest is well served by the flexibility granted to EB-5 investors and their American partners to operate and make investment decisions within the parameters of the program. United States Citizenship and Immigration Services (USCIS) should be cautious creating rules that may disturb that discretion by placing undue requirements on investors. The Niskanen Center applauds USCIS … Read moreNiskanen center submits comments USCIS’s EB-5 capital requirements

https://eb5projects.com/updates/user_updates/2952

Work on new apartments at the Market Centre at First and Market will get underway this fall.  It may not look like much has happened in the two years since a Virginia partnership announced it was converting the Market Centre to apartments, but a lot has happened behind the scenes. “We kind of slowly but surely pushed … Read morehttps://eb5projects.com/updates/user_updates/2952