Jelsma: “In recent months, it's taken even longer than usual for developers to get EB-5 financing because of the backlog of applications.”

Part 2 of 2

SAN DIEGO—Investors in EB-5development projects must ensure the targeted project hassome key characteristics including a developer with equityin the project, adequate resources and a strong development trackrecord, Phil Jelsma, partner and chair of the tax-practiceteam at Crosbie Gliner Schiffman Southard & Swanson,tells In part 2 of a two-part story, Jelsma discusseshow developers can use the program to finance projectssuccessfully. In part 1, he explained the latest legislative changes thathave affected the program.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.


Just another ALM site