USCIS okays petitions for $17M in immigrant funding for riverfront redevelopment

EB5 Capital announced that the United States Citizenship and Immigration Services (USCIS) has begun to issue I-526 Petition approvals for investors in EB5 Capital’s Dock 79 (formerly known as Riverfront at the Navy Yard) mixed-use project in the Capitol Riverfront neighborhood of Washington, D.C.

The I-526 Petition is the first step in the process for immigrant investors seeking to become permanent residents of the United States by investing through Regional Centers in new, job-creating enterprises.

Continue Reading →

Douglas Development Secures $93.5M Loan for Mixed-Use Development in D.C.

Douglas Development Corp. (DDC) has secured $93.5 million in construction financing for Uline, DDC’s mixed-use development in Washington, D.C. The development will be located at 1140 3rd St. N.E. directly across from the NoMa-Gallaudet U Metro station. Upon completion in the fall of 2016, Uline will feature 174,000 square feet of loft office space with rooftop decks and 70,000 square feet of retail space, including a 51,000-square-foot REI.

Continue Reading →

The 17 trendiest new hotel brands

When it comes to trends in the lodging industry, boutique is where it’s at. Since Starwood started the W Hotel chain in 1998, the market’s been on fire. From treadmills and organic foods for health aficionados, to neon lights and mobile apps for Millennials, these 17 chains are quickly becoming the hottest hotels everyone’s talking about.

Continue Reading →