Zack Streit, Vice President at George Smith Partners explains solutions for when your EB-5 raise has come up short.
There has been a considerable slowdown in the EB-5 market over the last two years. What was once a fertile and cheap source of financing for multifamily and hotel developers is largely absent. The two primary reasons for the slowdown are retrogression (over-allocation of visas to Chinese investors) and Chinese government capital controls. The wait time for EB-5 investors to obtain visas in the U.S. has doubled from a 3-5 year timeframe to 7-10 years…
Click here to read the full article as seen in the August 17, 2018 GlobeSt publication.