Industry News

Stay up to date on the latest industry news in EB-5

IRS Cancels Hearing on Opportunity Zones Due to Government Shutdown

The IRS has confirmed that the public hearing on the proposed Opportunity Zone regulations scheduled for Thursday, January 10, in Washington, D.C., has been cancelled due to the ongoing federal government shutdown. The planned hearing was to be held for stakeholders to provide their views on the first set of proposed regulations on Opportunity Zones [...]

Could opportunity zones eclipse or dovetail with EB-5?

The Real Deal/ Erin Hudson / September 22, 2018 "NES Financial's EVP and EB-5 chief says OZs offer "a bigger opportunity" than the beleaguered investor visa" "Sometime over the past month, NES added a new “opportunity zones” tab to their website, effectively announcing a new line of services. And in mid-September, NES’ executive vice president Reid [...]

Cleveland International Fund pays $104.5 million back to investors

Cleveland International Fund/ Press Release / July 23, 2018 Trust essential to getting investors interested in CiF's work, says CEO The Cleveland International Fund (CiF) has successfully paid back $104.5 million to 209 individual investors in CiF's first two projects: University Hospitals' system- wide expansion and the first phase of the Flats East Bank development [...]

2018-08-06T17:44:21+00:00 August 2nd, 2018|Categories: EB-5, Industry News|

Brazil Emerges as New Star in EB-5 Investment, With Further LatAm Growth Likely

Julian Montero / Daily Business Review / June 5, 2018 "Brazilians have been courted in recent years by U.S. developers seeking to raise capital through the EB-5 program. But last month, the industry took a big step to cement Brazil’s status as one of the fastest-growing players in the EB-5 world—a shift that could be [...]

2018-06-26T01:35:48+00:00 June 5th, 2018|Categories: EB-5, Industry News|Tags: , , |

Article: The Impact of 2017 Tax Reform on Commercial Real Estate

The Tax Cuts and Jobs Act, the most comprehensive tax reform effort since 1986, was enacted into law in December — and with it came significant changes in the day-to-day operations of many American industries. Today we present one of the most insightful pieces we've seen covering the impact of the TCJA on the commercial real [...]

2018-03-12T03:52:54+00:00 March 6th, 2018|Categories: 1031 Exchange, Industry News|Tags: , , , |

Greystone, Capital United and NES Financial launch EB-5 redeployment vehicle

Konrad Putzier / The Real Deal / July 27, 2017 Greystone, investment advisor Capital United and fintech firm NES Financial on Thursday launched what they claim is the first specialized EB-5 redeployment fund. The firms hope to tackle a growing and under reported problem faced by developers who tap into the popular cash-for-visa program. Click [...]

2017-08-01T21:44:51+00:00 August 1st, 2017|Categories: EB-5, Industry News|

White Paper: The “At Risk” Component of EB-5 Investment Capital

The EB-5 investment community is facing a new challenge. As many of the more seasoned EB-5 investment projects begin to mature, the original investment capital is returned by the project owner to the new commercial enterprise. USCIS has clearly stated its policy that EB-5 investment capital is required to remain “at risk” in the new [...]

NES Financial CEO Michael Halloran: A Leading Voice for EB-5 Expansion, Oversight, and Integrity on Capitol Hill and in the Press

On May 4, lawmakers voted to extend EB-5 until September 30 as part of a $1.2 trillion appropriations bill. However, the debate on EB-5 reform continues to heat up on Capitol Hill and in the press. Confronting the controversy head-on, NES Financial CEO Michael Halloran has emerged on the Hill and in the press as an [...]

2017-07-04T00:15:41+00:00 May 15th, 2017|Categories: BLOG, Industry News|Tags: , , , , |

Indians Spited by the H-1B Clampdown Can Get Another Visa to Work in the US—As Long as They Can Spare $500,000

Ananya Bhattacharya  /  Quartz Media  /  May 14, 2017 As the H-1B visa program faces cutbacks, sophisticated investors from India and Southeast Asia are now focusing on the EB-5 immigrant investment program as way to give their families and students studying in the U.S. an opportunity to start businesses or work in Silicon Valley or [...]

2017-07-04T00:16:09+00:00 May 14th, 2017|Categories: BLOG, Industry News|Tags: , , , , |