If Flag Luxury Group’s recent deal is any indication, EB-5 financing is alive and well — just so long as the investors aren’t Chinese nationals. Last week, the hotel and resi developer finalized a $125 million preferred equity investment using capital raised using the EB-5 investor visa program for its upcoming $500 million Ritz-Carlton hotel in NoMad. Flag’s founder, chairman and CEO Paul Kanavos declined to comment on questions on the structuring of the detail, […]
source https://therealdeal.com/2019/04/11/nomad-ritz-carlton-secures-125m-in-eb-5-funds-but-not-from-where-youd-think/
No comments:
Post a Comment