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MGAC INTERVIEWS 8TH BRIDGE CAPITAL’S MANAGING DIRECTOR, YOUNG KIM

  • Young Kim of 8th Bridge Capital was interviewed by MGAC, Inc of Los Angeles to speak to his expertise on alternative capital project financing, focusing primarily on the EB-5 program.
  • MGAC, Inc is a real estate project and construction consultancy firm with offices across the US and Canada.
  • The discussion focuses on clearing up various misconceptions about foreign capital raising and the program as well as challenges faced by EB-5 projects and developers.
  • Full report and interview can be found here.

RECEIVED ANOTHER I-526 APPROVAL FOR THE ACE HOTEL PROJECT

  • This I-526 petition is from a client from Vietnam.

 

WHERE DO PARENTS WANT THEIR KIDS TO STUDY

MANHATTAN CONDOS ARE STILL HIGH IN DEMAND

  • From 2014 to 2017, demand for residential units in Manhattan was significantly higher than the supply.
  • 2017 and forecasts for 2018, show that the demand is equivalent to the supply year over year without decline.
  • Based on the trends and forecast, the condominium and residential units in Manhattan should expect to sell as they become built and available on market.