Immigrant Investors: A New Source of Real Estate Capital

When the Athia family arrived in Washington, D.C., during the 1990s, they gained entrée to the local motel industry through connections from their native India. What began for them as front desk check-ins and the cleaning of motel rooms in suburban Maryland has grown into Baywood Hotels, a successful family-run hospitality development firm that has completed more than 70 hotels nationwide.

Continue Reading →

Marriott Marquis Washington, DC Now Accepting Applications for Hundreds of Job Opportunities

The Marriott Marquis in Washington, DC, the city’s soon-to-be-largest hotel, has officially started accepting applications for hourly employees as of Thursday, February 20. Opening on May 1, over the course of the year Marriott Marquis Washington, DC will provide hundreds of job opportunities, in housekeeping and front office, culinary, restaurants, engineering, loss prevention, and more.

Continue Reading →

Foreigners Finance Real Estate Development to Gain U.S. Citizenship

People seeking U.S. citizenship are financing Bay Area real estate projects using an obscure federal immigration program that grants green cards in exchange for capital investment. San Jose-based Barry Swenson Builder broke ground May 15 on an $80 million two-hotel complex east of the Mineta San Jose International Airport for which 40 percent of the cost is to come from equity raised from foreign investors.

Continue Reading →