Notice of Petitions by Firms for Determination of Eligibility To Apply for Trade Adjustment Assistance

The Economic Development Administration (EDA) has received petitions for certification of eligibility to apply for Trade Adjustment Assistance from the firms listed below. Accordingly, EDA has initiated investigations to determine whether increased imports into the United States of articles like or directly competitive with those produced by each of these firms contributed importantly to the … Read moreNotice of Petitions by Firms for Determination of Eligibility To Apply for Trade Adjustment Assistance

Agency Information Collection Activities; Submission for OMB Review; Comment Request; DOL-Only Performance Accountability, Information, and Reporting System

The Department of Labor (DOL) is submitting the Employment and Training Administration (ETA) sponsored information collection request (ICR) revision titled, “DOL-Only Performance Accountability, Information, and Reporting System,” to the Office of Management and Budget (OMB) for review and approval for use in accordance with the Paperwork Reduction Act (PRA) of 1995. Public comments on the … Read moreAgency Information Collection Activities; Submission for OMB Review; Comment Request; DOL-Only Performance Accountability, Information, and Reporting System

Elimination of Regulations Implementing Community Trade Adjustment Assistance Program

Through this final rule, the Economic Development Administration (“EDA”), U.S. Department of Commerce, eliminates the regulations implementing the Community Trade Adjustment Assistance (“CTAA”) Program. Established in 2009 under the Trade Act of 1974, the CTAA Program was subsequently eliminated by Congress in 2011. Implementing regulations for this now-defunct Program are thus unnecessary. This final rule … Read moreElimination of Regulations Implementing Community Trade Adjustment Assistance Program

Notice of Petitions by Firms for Determination of Eligibility To Apply for Trade Adjustment Assistance

The Economic Development Administration (EDA) has received petitions for certification of eligibility to apply for Trade Adjustment Assistance from the firms listed below. Accordingly, EDA has initiated investigations to determine whether increased imports into the United States of articles like or directly competitive with those produced by each of these firms contributed importantly to the … Read moreNotice of Petitions by Firms for Determination of Eligibility To Apply for Trade Adjustment Assistance

Vermont attorney general asks judge to dismiss EB-5 lawsuit against state officials

Attorney General TJ Donovan. The Vermont attorney general’s office is asking a judge to toss out a lawsuit that alleges the state was complicit in a scheme to defraud EB-5 investors. In a 100-page filing this week, attorneys for the state refer to the action brought by five EB-investors as a “shotgun” lawsuit with “scattershot” … Read moreVermont attorney general asks judge to dismiss EB-5 lawsuit against state officials

Could saving DACA cost the United States billions of dollars in foreign investment?

Hundreds took to the street of downtown Santa Ana to protest the removal of DACA on Sept. 5, 2017 in Santa Ana, Calif.  The measures demanded by President Donald Trump to save the young immigrants protected by the Deferred Action for Childhood Arrivals (DACA) program would create another immigration casualty: investor visas that have channeled … Read moreCould saving DACA cost the United States billions of dollars in foreign investment?

“The Cold Never Bothered Me Anyway!” SEC Again Uses Its Power To Freeze An Alleged EB-5 Scam

Like Elsa, the Princess in Disney’s classic Frozen, once again the Securities and Exchange Commission (SEC) has utilized its power to freeze. In this case, the freezing of assets. In what has become an increasingly common tactic, the SEC successfully sought to freeze assets of several individuals and corporate entities in a complaint it recently brought alleging … Read more“The Cold Never Bothered Me Anyway!” SEC Again Uses Its Power To Freeze An Alleged EB-5 Scam

Vermont tries to block lawsuit over EB-5 oversight

Investors are suing the state of Vermont for what they call failed oversight, collusion with Jay Peak Resort management and an eventual cover-up by officials who were supposed to keep tabs on a the EB-5 project. The state denies wrongdoing. The state of Vermont says foreign investors who planted $500,000 in Vermont private economic development … Read moreVermont tries to block lawsuit over EB-5 oversight

Massive Tacoma development, with apartments and retail, is actually happening

The wait is over. Thursday will be the official groundbreaking for Tacoma’s Town Center. The launch of the $125 million project comes not long after the groundbreaking of an $85 million convention center hotel project nearby. The Town Center site is bordered by South 21st and 23rd streets and Jefferson Avenue and Tacoma Avenue South. The … Read moreMassive Tacoma development, with apartments and retail, is actually happening

CanAm Enterprises Reaches Another EB-5 Industry-Leading Milestone – More Than 6,000 Permanent Green Cards Granted

More than 2,000 CanAm investors have had their received I-829 petitions approved by USCIS. We really appreciate what you have done for us over the past years. With your help, we have successfully become permanent residents of United States of America. CanAm Enterprises, LLC (“CanAm”) is pleased to announce that it has reached another very important milestone … Read moreCanAm Enterprises Reaches Another EB-5 Industry-Leading Milestone – More Than 6,000 Permanent Green Cards Granted

Indio Fashion Mall ‘lies fallow’ while owners battle with investors

Coachella Valley home prices rose every month in the first half of 2017.  About 70 percent of the Indio Fashion Mall’s storefronts are shuttered. Its two anchor tenants left years ago. Pop music rings through the brick behemoth of a building, bouncing off pink and blue tile on the floor. A fountain gurgles weakly in … Read moreIndio Fashion Mall ‘lies fallow’ while owners battle with investors

Notice of Petitions by Firms for Determination of Eligibility To Apply for Trade Adjustment Assistance

The Economic Development Administration (EDA) has received petitions for certification of eligibility to apply for Trade Adjustment Assistance from the firms listed below. Accordingly, EDA has initiated investigations to determine whether increased imports into the United States of articles like or directly competitive with those produced by each of these firms contributed importantly to the … Read moreNotice of Petitions by Firms for Determination of Eligibility To Apply for Trade Adjustment Assistance

State must face up to failures in EB-5 scandal

Gov. Phil Scott should appoint a special prosecutor for the EB-5 fraud in the Northeast Kingdom involving Jay Peak and projects in Newport. Federal investigators and the court system are already going after the owners/developer at Jay Peak, but the Vermont Attorney General’s office argues that the state government — which was complicit in the … Read moreState must face up to failures in EB-5 scandal

The latest fight to build a supertall on Sutton Place heats up

After winning the site at foreclosure, Gamma Real Estate is racing to beat a campaign to rezone the area and get its lux condo tower off the ground From the outset, 3 Sutton Place was a minefield — a development site mired in high-interest debt for one of the tallest planned luxury towers on the Upper East … Read moreThe latest fight to build a supertall on Sutton Place heats up

Chinese government denies providing funds for Ypsilanti officials’ China trip

A rendering of the proposed International Village. The Chinese Consulate in Chicago is denying that it was the funding source for a controversial trip to China for four city of Ypsilanti officials.  “We hereby clarify that the Chinese Consulate General in Chicago knows nothing about and has nothing to do with this trip, and there … Read moreChinese government denies providing funds for Ypsilanti officials’ China trip

De Pere businessman reaches plea deal in bank fraud case

A De Pere businessman who defrauded a local bank has reached a plea agreement with federal prosecutors. A federal grand jury indicted Ron Van Den Heuvel on 19 counts, alleging that he took part in a scheme to defraud Horicon Bank. As part of the plea deal, Van Den Heuvel pleaded guilty to count one: … Read moreDe Pere businessman reaches plea deal in bank fraud case

Citizenship is hard to come by for skilled immigrants who create jobs

Immigration attorney to challenge in court the unlawful and arbitrary 10-year permanent residency regulation Almost seven years ago, I arrived in SA as a 24-year-old unemployed university graduate from Israel and the US. I had met my then South African partner while on holiday in Cape Town, and due to the US Defence of Marriage … Read moreCitizenship is hard to come by for skilled immigrants who create jobs

Prime Opportunity to Redevelop Tacoma’s Old City Hall, Get Some Green Cards

Seattle is not the only Northwest city reaping the benefits of foreign investment. Tacoma, our neighbor to the south, is notably receiving foreign capital from Asia. Perhaps Tacoma’s Old City Hall is ripe for similar foreign investment. For example, an entity related to Vietnam-based Hoang Quan Group will soon break ground on a $40 million … Read morePrime Opportunity to Redevelop Tacoma’s Old City Hall, Get Some Green Cards

State to USCIS: Don’t shutter EB-5 center just yet

Mike Pieciak, commissioner of the Department of Financial Regulation. Vermont officials are asking the federal government to reconsider a decision to immediately shutter the state-run EB-5 regional center. The Department of Financial Regulation contends that a slower approach would better protect immigrant investors and the developers of projects already in the pipeline. The U.S. Citizenship … Read moreState to USCIS: Don’t shutter EB-5 center just yet

Three Ways Trump’s Immigration Plan Could Affect the CRE Industry

NREI interviewed several real estate experts on the implications of the policy.  President Donald Trump campaigned on the promise of reforming U.S. immigration policy. Last month, he announced his support for legislation, sponsored by Republicans, which would cut the amount of legal immigrants allowed into the U.S. in half over the next decade. The proposal, … Read moreThree Ways Trump’s Immigration Plan Could Affect the CRE Industry

The Molasky Group Develops Mixed-Use Properties from Seattle to Jacksonville

 The Molasky Group is developing a string of properties that will bring new rental units, retail spaces and hotel keys to multiple markets. The Molasky Group is developing mixed-use properties that will bring apartment units, hotel keys and retail spaces to multiple markets including (clockwise from left) Sky 3 in downtown Portland, The Harrison in … Read moreThe Molasky Group Develops Mixed-Use Properties from Seattle to Jacksonville

International trade center plans 2018 opening in Arizona

An international trade hub is scheduled to open next year in Casa Grande, Arizona, after being plagued by delays, setbacks and a federal investigation. PhoenixMart was first announced in 2011 as a sourcing center bringing manufacturers, sellers and buyers together for large-scale purchases. Its leaders said the project is now set to open by the end … Read moreInternational trade center plans 2018 opening in Arizona