Lawmakers Take ‘Fix It or Nix It’ Stance on EB-5

A popular senior housing finance program that was previously under fire will live another day—but lawmakers continue to discuss dismantling or reforming it. The EB-5 financing program has been extended exactly as is until September 30, 2016, but calls to reform the program with stricter regulations have remained. The provision to extend the program without […]

Senior Living Developer Launches Portfolio With EB-5 Funding Support

A Southern California-based development group has launched into senior housing, and it’s doing so with early success utilizing the EB-5 Immigrant Investor program under the U.S. Citizenship and Immigration Services. With three projects underway or in planning stages, Continental East Development (CED) has successfully raised more than $20 million in EB-5 capital and has plans […]