Close

Cart

Total $0.00

Checkout

By Jim Butler

EB-5 extended through September 30

Just after noon on Friday, May 5, 2017, President Donald Trump signed the Consolidated Appropriations Act, 2017. The new law approves $1.1 trillion in Federal appropriations through September 30, 2017.

One of the provisions of the bill extends the EB-5 Regional Center program without change through the same date.

Although the Consolidated Appropriations Act did not change any provisions of the EB-5 program, we expect further Congressional and regulatory efforts in the very near future.

As we said yesterday,

Industry leaders view this extension of the program as the necessary threshold to achieve a long-term legislative solution to the issues that have been raised about the EB-5 program before any regulatory changes are implemented and before the next sunset date of September 30, 2017.

We expect all stakeholders in the EB-5 business to be pushing very hard toward this end.

Time to evaluate the right EB-5 strategy for you?

We have a lot of practical experience in helping our developer clients raise EB-5 funding. If you would like some help to evaluate whether EB-5 could work for you, or what strategy is best for you, then give us a call. There is no cost for an initial discussion.

Jim Butler, +1-310-201-3526 or jbutler@jmbm.com

David Sudeck, +1-310-201-3518 or dsudeck@jmbm.com

Other articles on EB-5 Financing

To access our rich library of articles on EB-5 financing, go to www.HotelLawyer.com, scroll down the right-hand side under LEARN MORE ABOUT and click on “EB-5 Financing.” For your convenience, here are a few popular EB-5 articles that may be of interest:

EB-5 funding for new development: JMBM has closed more than $1.5 billion of EB-5 financing.

EB-5 extended without change: President Donald Trump signs bill

What’s happening with EB-5 financing for new development projects? Is it still available?

JMBM’s “preferred” EB-5 construction financing program for top developers and projects.

FAQs about EB-5 project financing for new hotel development

Hotel development & EB-5 financing: Why you don’t want to form your own regional center

Financing hotel development today: The 5 questions every hotel developer is asking about EB-5 financing

About Jim Butler

This is Jim Butler, author of www.HotelLawBlog.com and hotel lawyer. We represent hotel owners, developers and investors. We have helped our clients find business and legal solutions for more than $71 billion of hotel transactions, involving more than 3,800 hotels. As of January 31, 2017, we have closed more than $1.5 billion of EB-5 financing for our clients’ projects, and sourced most of that. I invite you to contact me to explore how our experience and resources might help you accomplish your goals. 

Contact: Jim Butler

jbutler@jmbm.com / 310.201-3526

About JMBM

Our Perspective. We represent hotel owners, developers and investors. We have helped our clients find business and legal solutions for more than $71 billion of hotel transactions. As of June 30, 2016, we have closed more than $1 billion of EB-5 financing for our clients, and sourced more than $700 million for their projects.

As a client, our unparalleled experience means that you get:

•  better, faster, more cost-effective results
•  greater certainty of execution while avoiding costly missteps or missed opportunities
•  added credibility from our experience and reputation
•  greater confidence that you will get the best deal possible

Related News

Resort Fee Litigation Advisory Group: How to Avoid Litigation on Resort Fees and Other Mandatory Hotel Charges

Hotel Lawyer: Tips on Negotiating Your Annual Hotel Budget

Resort Fee Litigation Advisory Group: How Resort Fees Became an Explosive $2.7 Billion Issue

Resort Fee Litigation Advisory Group: National Task Force of 47 Attorneys General Goes After Resort Fees

Resort Fee Litigation Advisory Group: The FTC Takes Aim at Hotel Resort Fees (Again) - The FTC 2017 Report

Resort Fee Litigation Advisory Group: Impending Eruption of Litigation over Resort Fees?

Hotel Lawyer: Tax Alert for Partnerships and LLCs

EB-5 Finance Lawyer: President Trump's Budget Deal Includes Extension of EB-5 Through 12-8-17

EB-5 Financing Lawyer: What JMBM Does to Help Developers With EB-5 Construction Financing

EB-5 Financing Lawyer: Why You Do NOT Want to Form Your Own Regional Center

EB-5 Financing Lawyer: The 5 Questions Every Developer is Asking About EB-5 Financing

JMBM's Global Hospitality Group Announces the Publication of an EB-5 Handbook for Developers

EB-5 Financing Lawyer: EB-5 Construction Financing Term Sheet for Top Developers

EB-5 Financing Lawyer: FAQs: Essentials of EB-5 Construction Financing for Developers

EB-5 Financing Lawyer: More than $1.5 Billion of EB-5 Construction Financing Closed for JMBM Clients

EB-5 Finance Lawyer: Are Hotels Still the Darling of EB-5 Financing?

EB-5 Finance Lawyer: Tips to Avoid the 6 Most Common Mistakes Developers Make With EB-5

Hotel Cybersecurity: Protecting Your Guests and Your Property from Vendor Data Breaches

EB-5 Funding for New Development: JMBM Has Closed More Than $1.5 Billion of EB-5 Financing

Meet the Money 2017 Presentations Now Available for Download!

All News »

Please login or register to post a comment.