eb-5
Meet the Money 2023 Program Now Available!
Jim Butler | March 27, 2023
By Jim Butler and The Global Hospitality Group Hotel Lawyers | Authors of www.HotelLawBlog.com The Meet the Money program is now available on MeetTheMoney.com – take a look and see who’s speaking and what topics they’ll be exploring. Meet the Money speakers don’t just come to the conference to share their perspectives; they also come to network with attendees. You can develop relationships, explore partnerships and ask questions one-on-one with our expert panelists and presenters, setting up opportunities that will take you through 2023 and beyond. This year’s program will include: • Investment boot camps covering d...
Developer’s EB-5 Handbook for Construction Financing — New 3rd Edition
Jim Butler | May 9, 2022
By Jim Butler and the Global Hospitality Group® JMBM’s Global Hospitality Group® and EB-5 Finance Group™ are pleased to publish an updated edition of The Developer’s EB-5 Handbook for Construction Financing. This new and improved handbook provides essential resources for developers considering EB-5 financing for their next project. The recent EB-5 Reform and Integrity Act of 2022 and the reauthorization of the Regional Center Program, a crucial part of EB-5’s success, has generated renewed interest in the program’s low-cost funding opportunities. The Global Hospitality Group® has developed an approach to guide clients thr...
What the 2022 Revitalization of EB-5 Financing Means Today: Part 2
Jim Butler | April 25, 2022
By Jim Butler and the Global Hospitality Group® Part two of our recent article in Westlaw Today explores the opportunities available to developers and investors now that the EB-5 program is back on track. For part 1, click here. This article was originally published on Westlaw Today on April 14, 2022. What the 2022 Revitalization of EB-5 Financing Means for Real Estate Developers and Other Entrepreneurs: Part 2 What are foreign investors looking for? Experts expect to see a flood of interest in the EB-5 program, both from foreign investors anxious to immigrate to the US, and from real estate developers with shovel-ready project...
What the 2022 Revitalization of EB-5 Financing Means Today: Part 1
Jim Butler | April 19, 2022
By Jim Butler and the Global Hospitality Group® Since the renewal of the EB-5 program this year, there has been a lot of talk about what this means for developers interested in taking on new projects. Our recent article in Westlaw Today sums up the latest information about the program. Part one is below; part two will be published next week. This article was originally published on Westlaw Today on April 14, 2022. What the 2022 Revitalization of EB-5 Financing Means for Real Estate Developers and Other Entrepreneurs: Part 1 After being sidelined for the last few years by circumstances culminating with the pandemic and the lapse o...
Is C-PACE the “New EB-5″ Financing? Doesn’t the Latest Court Decision (Behring v. Wolf) Revitalize EB-5?
Jim Butler | June 29, 2021
By Jim Butler On June 22, 2021, in the case of Behring Regional Center LLC v Chad Wolf, a federal court in the Northern District of California effectively invalidated the final rules for EB-5 which became effective in 2019. These rules raised the minimum foreign immigrant investment from $500,000 to $900,000 and imposed other restrictions. Many commercial real estate developers are hoping this development will launch a new surge of EB-5 financing that could fuel their projects, as was the case for years (until a few years ago when the music stopped). Don’t get too excited about reliable EB-5 financing coming back – but ...
AD1 Global, ASI Global and EB5 Florida Hotels to Break Ground on 120-Room Fairfield Inn & Suites in Tamarac, Florida
AD1 Global | March 8, 2018
AD1 Global, Tamarac elected officials and co-developers ASI Global and EB5 Florida Hotels are holding an official ground breaking ceremony on March 19th at the Colony West Golf Club to commemorate the new Fairfield Inn. The new 120-room Fairfield Inn & Suites by Marriott, located at 6800 NW 88th Ave, which will include a pool and splash pad, will be another amenity for the city to offer its visitors. The project also entails the construction of a clubhouse, banquet facilities and golf cart barn. "We are proud to be a partner of the great city of Tamarac," said Daniel Berman, AD1 Global President. "We believe this project will have a...
EB-5 Finance Lawyer: President Trump’s Budget Deal Includes Extension of EB-5 Through 12-8-17
Jim Butler | September 8, 2017
By Jim Butler and the Global Hospitality Group® Hotel Lawyers | Authors of www.HotelLawBlog.com 08 September 2017 President Trump's budget deal with Congress includes extension of EB-5 through December 8, 2017. In a message to members of the Public Policy Committee today, the IIUSA confirmed the extension of the EB-5 regional center program as part of the budget deal struck yesterday by President Trump and Congressional leaders. IIUSA message on EB-5 extension The IIUSA is one of the leading EB-5 industry trade groups. Here is the text of the message from the IIUSA we received today: Dear IIUSA Public Policy Committee, As we are sur...
EB-5 Financing Lawyer: What JMBM Does to Help Developers With EB-5 Construction Financing
Jim Butler | August 28, 2017
By Jim Butler and the Global Hospitality Group® Hotel Lawyers | Authors of www.HotelLawBlog.com 28 August 2017 Focus on helping developers Client confidentiality precludes us from listing clients and projects we have assisted with this program, but suffice it to say that some of the best known names in the business are tapping into this funding source to fill out their capital stack at a favorable cost. And we have helped some of the biggest and highest profile players. JMBM has closed more than $1.5 billion of EB-5 financing and has sourced more than half of that for our development clients. We specialize in representing developer...