Hotel Developers: Why a "regional center" may be the key to financing your next hotel development or expansion. And what you need to know . . .
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By Jim Butler and the Global Hospitality Group®
Hotel Lawyers | Authors of www.HotelLawBlog.com
25 July 2011
Hotel Developers: Why a "regional center" may be the key to financing your next hotel development or expansion. And what you need to know about finding a regional center to sponsor your EB-5 hotel financing program.
JMBM's hotel lawyers have represented hotel developers for decades. We know first hand that today's financial environment is one of the toughest for financing new development ever seen, even for experienced hotel developers with great projects.
But the EB-5 Immigrant Investor Visa Program may be one of the best financing sources now available. If you missed it, you will want to read, How to use the EB-5 Immigrant Investor Visa Program for financing.
Simply stated, the EB-5 investment program offers an alternative means of raising capital for hotel projects in the U.S. Our goal is to help hotel developers access this source of financing.
In this article, my partner, Catherine Holmes, gives you the information you need to understand how EB-5 Regional Centers work -- what they are, why you need one, and how to find one or create one.