Situation With the Behring Lawsuit The United States Citizenship and Immigration Services (USCIS) has stated “entities seeking to be designated as a regional center are required to file Form I-956, Application for Regional Center Designation”. This essentially means all current EB-5 regional centers previously approved would have to reapply causing processing delays that could last…
Paragon Capital Group’s AirBnb Properties As part of our increasing portfolio of single family home renovations, we have begun to include Airbnb properties alongside our existing rehabs of rental and flip properties. The Airbnb model is quite attractive and allows us to have higher returns compared to conventional rental units. Paragon has a dedicated AirBnb…
Reform Bill EB-5 Passed: March 11, 2022 On March 11, 2022, the United States Congress passed an Appropriations Bill, also recognized as the “Omnibus” spending bill. Which will distribute discretionary government funds across a wide variety of issues. A bill to extend the EB-5 Regional Center Program is one among the numerous provisions contained in…
Q3 2021 DREAM V Dream V Property Update UPDATE ON THE OPERATIONS OF DREAM HOTEL AND THE ADJACENT TAO GROUP F&B VENUES Dream V 2021 Q3 Report UPDATE ON THE OPERATIONS OF DREAM HOTEL AND THE ADJACENT TAO GROUP F&B VENUES LOCATION 6417 Selma Ave Hollywood, Los Angeles, California ANNOUNCEMENT Relevant is pleased to announce…
All countries current for direct EB5 investors According the USCIS December 2021 Visa Bulletin (see below) no investors from any country face additional wait time or backlog if they make an investment into a direct EB5 offering. This is particularly significant for China who has faced backlogs since 2015. If you are interested in making…
Q2 2021 TOMMIE HOTEL Project Update HIRC’S WORKING PROGRESS ON THE DEVELOPMENT OF TOMMIE HOTEL HOLLYWOOD Project Update HIRC’S WORKING PROGRESS ON THE DEVELOPMENT OF TOMMIE HOTEL HOLLYWOOD LOCATION 6516 Selma Ave Los Angeles, California INTRODUCTION Tommie Hotel is a 9-story (106,368 SF) hotel over 4 levels (79,332 SF) and 173 stalls of subterranean valet…
2021 Q3 Paragon Capital Group Quarterly Report Stazione25 ＆ Viv Crossing Chicago Rockford Hilton Hotel E-2 Property Management Paragon Principal Capital is now Paragon Capital Group We are happy to announce that Paragon Principal Capital is now rebranded as Paragon Capital. The change comes to create a more concise and unique image to complement our…
We are happy to announce that Paragon Principal Capital is now rebranded as Paragon Capital Group. The change comes to create a more concise and unique image to complement our global marketing efforts. All our office locations, management, and investment offerings remain unchanged. We remain fully committed to our local partners and investors throughout the…
End of Retrogression for Vietnam-born EB-5 investors? The EB-5 category saw a lot of activity in the last week of June. First, a federal judge issued a decision invalidating the Final EB-5 Rule enacted by USCIS, thereby reverting to the earlier TEA investment amount of $500,000. Second, lawmakers were unable to reauthorise the EB-5 Regional…
July 2021 EB-5 Updates The end of June saw significant movements in the EB5 industry. It started with the success of the legal case reversing the latest EB5 regulations and reducing the investment amount for TEA projects like ours from $900k to $500k (Read more about the court decision here). The investment reduction was met…