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Categories
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Lake City senior project combines FHA and EB-5
30 Oct 08:22
CBRE Group announced financing for construction of Lake City Senior Apartments at 13730 Lake City Way N.E. in Seattle's Lake City neighborhood. The developer is Steve Smith Development LLC. The five-sto... -
Update on EB-5 Scandals in South Dakota
29 Oct 01:46
In an earlier blog on the extremely serious, but confusing, EB-5 scandals in South Dakota, I managed to conflate two of the controversial activities. I said that the payments from the EB-5-financed, ... -
Company seeks to steer international investment to Texas
14 Nov 08:04
A Maryland-based company that connects well-heeled international investors with developers seeking to finance real estate projects in the United States has expanded into Texas, and its founder has set her... -
The legislature needs make government transparency a bigger priority next year
17 Dec 00:54
When voters approved Initiated Measure 22 last month, their attitude was quite clear. They want a more accountable, more transparent government. The pair of scandals that have unfolded in the last five y... -
Clinton Crony Deal Cratering: GreenTech Misses First Payment to Mississippi on $3 Million Loan
10 Aug 04:30
GreenTech Automotive, the controversial electric car manufacturer co-founded by close Clinton ally Terry McAuliffe, has failed to make the first payment on a $3 million loan from the state of Mississippi.... -
EB-5 Extension Likely Until April; Plus, What’s It Cost to Create a Job?
09 Dec 02:07
It looks like the main part of the EB-5 program, now scheduled to end on Friday (December 9) will get another short-term extension until April 28, 2017. It appears that the extension will be, to use the ... -
Second group EB-5 investors balks citibank settlement
14 Oct 06:14
The Jay Peak Biomedical Research Park, planned for the former Bogner plant in Newport. Another group of investors in projects in northern Vermont that led to allegations of fraud say they are ... -
Statement of Senator Patrick Leahy (D-Vt.), Ranking Member, Senate Judiciary Committee, Floor remarks on extending the EB-5 Regional Center program without reforms
12 Dec 01:48
I once again come to the floor, joined by Senator Grassley, to share my frustration with the EB-5 Regional Center program. Senator Grassley and I have been working for years to improve this flaw... -
McAuliffe's former car company blames financial troubles on 'adverse publicity' over political connections
18 Oct 06:50
GreenTech Automotive, the electric-car company founded by Virginia Gov. Terry McAuliffe, has blamed bad publicity over the company's previous political connections for its failure to begin repayin... -
China's Favorite U.S. Visa Program May Have Ally In Donald Trump
03 Dec 01:45
President-elect Donald Trump, who vowed to be tough on China, accusing the country of stealing American jobs and cheating at global trade, may be friendly to the EB-5 program. The U.S. EB-5 program, whic...