<!– Comment –>
<p>Comment: Where Are The 900K Wires</p>
<p>
Many banks which have handled the bulk of EB5 wire transfers and escrows in
pre 2020 EB5 market are reporting that there are no wires at the $900K
level. Issuers who are in touch with these banks have concluded from that
there is no EB5 market at the $900K level. This is a mistaken conclusion
because it is based on incomplete information.
</p>
<br/>
<p>
More than half dozen of our clients have reported that:
</p>
<ul>
<li>
They have had a number of investors sign subscription agreements at
$900K level
</li>
<li>
Many investors have engaged immigration attorneys to work on the source
of the $900K
</li>
<li>
Some investors have paid all or part of the admin fee
</li>
<li>
One investor has transferred $100K+ of the total investment amount
</li>
<li>
It appears that doing source of funds for $900K takes longer than $500K
</li>
<li>
In the absence of a deadline, investors are taking their time to wrap
up the investment process
</li>
</ul>
<p>
What explains these two conflicting pieces of information – the bankers’
report that there is no $900K market, and reports from our clients
confirming that the $900K market does exist? The fact is that the networks
in EB5 industry have changed. Everyone tightly connected to the giant real
estate projects of the pre-11/21 EB5 world were the primary sources of
information on the EB5 industry–whether they were banks, business plan
writers, securities attorneys, economists, immigration attorneys or
developers themselves. In the new EB5 market the same players who had all
the information, suddenly have no information, since they are no longer in
a TEA. The EB5 market has shifted to small projects–projects with as few
as 5-10 investors. These players because of their small scale cannot see
the whole picture, and furthermore they do not use the EB5 professionals
that were used by the giant developers of the past. Everyone seems to be
still relying on the past trustworthy sources for information, but those
same sources do not have information any more because EB5 investments are
taking place with a large number of smaller, newer players that are not
connected to them. With 50% of the top highly connected nodes gone from the
past EB5 network, 100% of the old network is defunct. Everyone is flying
blind and will stay blind. It will take months to years for any patterns to
emerge from this new highly fragmented new network.
</p>
<br/>
<p>
As direct reliable information is no longer possible, the giant developers
that are used to a high degree of certainty will find the EB5 market
increasingly unsettling, and not worth the uncertainty, since they have
capital available through much easier channels than EB5. The new smaller
EB5 players often run operating companies that are used to a higher degree
of uncertainty in their businesses and uncertainty in their capital raises
as well–so for them EB5 remains a good option. EB5 industry seems to be
shifting from almost exclusively real estate projects to a greater
proportion of manufacturing projects (real estate will continue to
dominate, but its market share may well shrink from 95% to 65%).
Information is in Networks. Past players who were connected to giant real
estate projects, will continue to have incomplete and therefore misleading
information about the EB5 market going forward–because the giant projects
that were once the central hubs of the EB5 information network are gone.
That old network is now replaced by new widely distributed and disconnected
networks where information is smaller in quantity and much greater in
uncertainty. ILW will continue to bring you such information as we have as
we go forward into this brave new world.
</p>
<p>
ILW estimates the 2020 EB5 market to be more than $1 billion. If you are
raising EB5 capital in 2020, we have identified a very small number of
specific opportunities in the new EB5 market. Contact us for a conversation
on what we can do for you in this brave new EB5 world by emailing us at <a href=”mailto:webmaster@ilw.com” target=”_blank”>webmaster@ilw.com</a>,
calling us at 212-545-0818 or
<a
href=”https://ilw.us7.list-manage.com/track/click?u=c06b573d18db3e2263c88daa4&id=0a99013969&e=5b4be8ed6f”
target=”_blank”
>
online.
</a></p>
<!– END Comment –>
<!– Article; Blogging; News –> <!– <p><a href=””></a> –>
<p><a href=”http://discuss.ilw.com/articles/392926-article-uscis-re-prioritizes-the-eb-5-adjudication-process-an-analysis-by-mona-shah-esq-rebecca-s-singh-esq#1″ target=”_blank”>Article: USCIS Re-Prioritizes the EB-5 Adjudication Process: An Analysis! By Mona Shah, Esq & Rebecca S. Singh, Esq.</a></p>
<p><a href=”http://discuss.ilw.com/blogs/jdzubow/392924-the-all-or-nothing-problem” target=”_blank”>Blogging: The All-or-Nothing Problem By Jason Dzubow</a></p>
<p><a href=”http://discuss.ilw.com/blogs/idblog/392927-house-democrats-immigration-bill-would-use-tax-dollars-to-import-crime-to-america-by-nolan-rappaport” target=”_blank”>Blogging: House Democrats’ immigration bill would use tax dollars to import crime to America By Nolan Rappaport</a></p>
<p><a href=”http://discuss.ilw.com/blogs/immigrationlawblogs/392920-trump-asks-for-8-6-billion-dollars-more-for-border-wall-while-slashing-spending-needed-to-protect-america-against-coronavirus-by-roger-algase” target=”_blank”>Blogging: Trump asks for $8.6 billion dollars more for Border Wall while slashing spending needed to protect America against Coronavirus By Roger Algase</a></p>
<!– END Article; Blogging; News –>
<!– Focus –>
<p>Focus: PERM For Beginners and Advanced Practitioners<br>
Joel Stewart has done something remarkable in the new edition of THE PERM BOOK. He has taken the spaghetti of all the sources on PERM: legislations, rules, FAQs, cases etc. and reintegrated them into a simple and luminously logical progression of how to do PERM. In each of the chapters, he uses articles by notable practitioners and his own extensive commentary to provide deep insights on every aspect of PERM. If you are a seasoned PERM practitioner, you will appreciate the clarity of the organization seen in the table of contents below, and will discover many new insights in every chapter. For anyone relatively new to PERM, Joel Stewart serves as a trusted guide to your mastering the lay of the land of this complex area. This book belongs in the library shelf of every PERM practitioner. </p>
<p>Get your copy Now, Here: <a href=”http://www.ilw.com/books/THEPERMBOOK.shtm” target=”_blank”>http://www.ilw.com/books/THEPERMBOOK.shtm</a></p>
<!– END Focus –>
<!– Headlines –>
<a name=”Headlines” id=”Headlines”></a>
<!– Headline: <a href=””>Click here</a><br/> –>
<p>
Headline: The immigration showdown between President Trump and Andrew Cuomo, explained
<a href=”https://ktvz.com/politics/2020/02/13/the-immigration-standoff-between-president-trump-and-andrew-cuomo-explained/” target=”_blank”>Click here</a><br>
Headline: Scandinavian Airlines removes ad after online criticism, particularly from anti-immigration parties
<a href=”https://www.usatoday.com/story/travel/airline-news/2020/02/13/scandinavian-airlines-pulls-ad-after-online-criticism/4747417002/” target=”_blank”>Click here</a><br>
Headline: This Lawmaker Wants to Remove the Words ‘Illegal Alien’ From the Law
<a href=”https://www.nytimes.com/2020/02/13/us/politics/colorado-illegal-immigrants.html” target=”_blank”>Click here</a><br>
Headline: Bernie Sanders camp blasted AOC’s Iowa rally performance last month, report says
<a href=”https://www.foxnews.com/politics/bernie-sanders-camp-blasted-aocs-iowa-rally-performance-last-month-report-says” target=”_blank”>Click here</a><br>
Headline: New York Governor Signals Possible Compromise With Trump in Immigration Spat
<a href=”https://www.usnews.com/news/us/articles/2020-02-12/new-york-governor-signals-possible-compromise-with-trump-in-immigration-dispute” target=”_blank”>Click here</a><br>
</p>
<!– END Headlines –>
<!– Service Provider –>
<p>
Kaufman; Kahn, LLP<br>
Real Estate Practice: Landlord/Tenant and Real Estate Litigation;
Cooperative and Condominium Disputes; Collection Actions; Enforcement of
Judgments; Arbitration; Residential Real Estate Transactions; Commercial
Real Estate Transactions; Business and Commercial Litigation in State and
Federal Court; Business Transactions (Contracts, Promissory Notes,
Mortgages, Security Agreements, Operating Agreements, Shareholder
Agreements, Partnerships, License Agreements); and Commercial Leasing and
Lending. Intellectual Property Practice: Copyright Law and Trademark Law:
filing and prosecuting applications in the Copyright Register, the USPTO
and TTAB; litigating to enforce registrations against infringers (and
defending against alleged infringers) in federal courts; defending against
Americans with Disability Act (ADA) claims; Intra-Corporate Business
Litigation (“Business Divorces”); Drafting and Negotiating Transactions:
Licensing Agreements and other Intellectual Property Contracts.
Contact:Robert L. Kahn, Esq.; Kaufman; Kahn, LLP – 10 Grand Central,
155 East 44th Street, 19th, Floor, NY, NY 10017, (212) 293-5556, <a href=”mailto:kahn@kaufmankahn.com”>kahn@kaufmankahn.com</a>
</p>
<!– END Service Provider –>
<!– Classifieds –>
<p>Help Wanted</br>
Bilingual legal secretary/paralegal (Spanish-English) needed for small Nassau County, Long Island immigration law office. Must have excellent attention to detail and organizational skills. Job includes preparing benefit applications and court papers for filing, answering phones, general office work and heavy client contact. We are an older firm with a good reputation concentrating in family and employment-based cases. Send resume and cover letter to: <a href=”mailto:albesq@optonline.net ” target=”_blank”>albesq@optonline.net </a></p>
<p>Help Wanted</br>
Law Firm for Sale. Central L.A. 1.3 million dollar practice with a focus on
family immigration and deportation/removal. The firm also has steady TPS
revenue from El Salvadoran immigrants. Owner retiring and available to help
transition. For more information, contact Roy Ginsburg, who is acting on
behalf of seller/owner, at 612-812-4500 or
<a href=”mailto:roy@royginsburg.com” target=”_blank”>roy@royginsburg.com</a></p>
<!– END Classifieds –>
<!– Letters to the Editor –>
<p><a href=”http://discuss.ilw.com/blogs/immigrationlawblogs/392894-letters-of-the-week-feb-10-feb-14″ target=”blank”>Letters of the Week</a>: Harry DeMell</p>
<!– END Letters to the Editor –>
<!– ComingsNGoings –>
<p>ComingsNGoings: Immigration Event<br>
Southeastern Immigration Studies Association Conference
Current Trends in Immigration Research and Activism
Thursday-Saturday, February 20-22, 2020
The Citadel
Charleston, SC. <a href=”https://sites.google.com/view/southeasternimmigrationstudies”>https://sites.google.com/view/southeasternimmigrationstudies</a> comingsNgoings announcements is a free service.
</p>
<!– END ComingsNGoings –>
<p>
<hr class=”ilwDailyLine”/>
<span class=”ilwFinePrint”>An Important disclaimer! The
information provided on this page is not legal advice.
Transmission of this information is not intended to create, and
receipt by you does not constitute, an attorney-client
relationship. Readers must not act upon any information without
first seeking advice from a qualified attorney. Copyright
1995-2017 American Immigration LLC, ILW.COM. Send correspondence
and articles to <a href=
“mailto:editor@ilw.com”>editor@ilw.com</a>. Letters and articles
may be edited and may be published and otherwise used in any
medium. The views expressed in letters and articles do not
necessarily represent the views of ILW.COM.</span>
<hr class=”ilwDailyLine”/>
<a name=”publisher” id=”publisher”></a> <!–PublisherEditor–>
Publisher: Sam Udani ISSN: 1930-062X<br/>
<a href=”http://www.ilw.com/immigrationdaily/advisoryboard.shtm”>Advisory
Board</a>: Jason Dzubow, Rami Fakhoury, Matthew Kolken, Chris Musillo,
Lory Rosenberg, Greg Siskind, Joel Stewart, Margaret Wong
<!–END PublisherEditor–>
</td>
</tr>
</table>
<!– END PAGE CONTENT –>
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