EB-5 in the News
Nashville Forum Includes Appalachian EB-5 Regional Center
TN Bar Association, April 7, 2017
Appalachian EB-5 Regional Center CEO Dale Carroll served as one of the presenters at the TN Bar Association Immigration Law Forum in Nashville on April 7th. Attorneys from across the state of Tennessee participated in the forum as a part of the Bar Association CLE Program. Carroll presented background on the EB-5 Regional Center program and covered the work of the Appalachian EB-5 Regional Center in Tennessee and North Carolina.
Event Spotlights Economic Progress
Lenoir News Topic, January 18, 2017
The annual Caldwell Economic Development Celebration largely honors specific local businesses and industry, but this year's guest speaker lingered a while on some of the overall milestones that the local economy hit in 2016.
In particular, the 11 percent growth in median household income, to more than $38,000, was the highest percentage growth reported last month by the N.C. Department of Commerce, said Dale B. Carroll, a former deputy N.C. Commerce secretary who is now COO of the Appalachian Regional Center in Asheville.
Lendlease Celebrates the Opening of Department of Veterans Affairs New State-of-the-Art Outpatient Health Care Center
Wolf Media, March 3, 2016
Lendlease Healthcare Development, a leading developer of medical property in the United States is pleased to announce the opening of the Kernersville Department of Veterans Affairs (VA) Health Care Center in Kernersville, North Carolina. The $130 million, 400,000 gross square foot multi-specialty clinic is the largest outpatient facility leased by the VA.
New VA Clinic in Kernersville, North Carolina Achieves Early Delivery
Littlejohn, January 15, 2016
The new Department of Veterans Affairs Health Care Center located in Kernersville, North Carolina achieved a milestone with successful completion and early delivery to the government weeks ahead of schedule. The 400,000 square foot state of the art facility makes it the largest outpatient facility leased by the VA to date. The project included construction of a medical out-patient facility, parking areas and associated site improvements. The new center is a certified LEED Gold healthcare facility.
Charlotte ranked third in real estate markets to watch
David T. Foster III, The Charlotte Observer, October 26, 2015
Charlotte is the third-most attractive real estate market nationwide for 2016, according to areport from PwC and the Urban Land Institute. The Charlotte region’s booming population, growing economy and strong construction sector are behind the high ranking in the groups’ annual Emerging Trends report. The city moved up four places, from the No. 7 spot last year.
Tryon equestrian center to expand in 2016
Alyssa Mulliger, Blue Ridge Now, October 25, 2015
The Tryon International Equestrian Center wrapped up its 2015 fall season with a $127,000 grand prix competition on Saturday. The center held its first shows in July 2014 and to date, much of the equestrian infrastructure is complete. Sharon Decker, senior vice president for strategic initiatives, said this winter will see the addition of a barn with 200 stalls and the enclosure of the center's covered arena. The equestrian center is the anchor for Tryon Resort, a multimillion-dollar project to span 1,400 acres.
EB-5 New York has stake in Health Sciences' grad rate, citizenship - Buffalo Business First
Dan Milner, Biz Journals, November 17, 2014
Health Sciences Charter School's first class of seniors tallied a 91 percent graduation rate, nearly double that of the city's public schools, said Hank Stopinski, school principal.
But none of it would have been possible without a federal program, EB-5, that allows foreign investors to back projects at $500,000 per family in return for two-year green cards. At the end of those two years, the investments are reviewed by the federal government. If it meets job creation measures, that green card becomes permanent.
Yale Center Beijing: Where boundaries (and leaders) meet
Amy Athey McDonald, YaleNews, October 27, 2014
Nearly 200 business and social sector leaders from around the world took part in a conference in Beijing Oct. 27–28 to launch the new Yale Center Beijing, the university’s first physical center in China. “Today we celebrate something brand new, a physical presence that represents all of our university — all of Yale’s schools, departments, and programs. This is Yale’s first university-wide center outside of the United States,” said Yale President Peter Salovey at the conference. “We have come to Beijing because the Yale-China connection has been and remains the most important component of Yale’s internationalization strategy over the last decade.”
Importing Immigrant Investment to Asheville and beyond
Dale Neal, Asheville Citizen Times, March 29, 2014
Appalachia has willing workers and great ideas for new ventures, but promising projects often stumble for the lack of capital. Now, two veteran economic developers are hoping to coax overseas investment to projects across Western North Carolina and east Tennessee.
Dale Carroll and Pam Lewis have launched the Appalachian EB-5 Regional Center, the first local company seeking money from federally vetted foreign investors. Rich foreigners willing to invest at least $500,000 in the mountains to create new jobs could earn the right to live and work in the U.S. with green cards for themselves and their families. Meanwhile, American workers will get permanent jobs in new projects, ranging from medical centers to factory expansions, hotels and movie projects. In North Carolina, foreign investment helped build a cold storage facility at the port of Wilmington, critical for farmers and food manufacturers exporting overseas.