“PHOENIX — After years of being completely dormant, the federal EB-5 Immigrant Investor Program is back with new funding that opens up a new path to relatively low-cost financing for commercial real estate developers.

Speaking during the “EB-5 Is Back! What Does That Mean for Hotel Developers?” panel at the 2022 Lodging Conference, Jim Butler, chairman of JMBM Global Hospitality Group, said EB-5 is almost universally a better financing mechanism for projects compared to traditional debt, assuming there is a high level of certainty they’ll be completed.”

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