Source of Cheap Real-Estate Financing Is Getting More Expensive

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Source of Cheap Real-Estate Financing Is Getting More Expensive
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A retreat by Chinese investors is raising the cost of a once reliably cheap source of financing for big U.S. real-estate projects

Participation has declined in EB-5 program, which trades U.S. residency status for foreign investors’ money.

The U.S. government investment program known as EB-5 offers property developers low-cost capital from wealthy foreigners. These investors agree to invest at least $500,000 in real-estate projects in exchange for U.S. residency.

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