EB-5 Funds To Be Used To Finance Soccer Stadium

Posted on: May 17th, 2016
by Greg Siskind
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The New York Times reports on a Brazilian-born developer’s efforts to use EB-5 investors to finance the construction of a stadium in Orlando for a Major League Soccer franchise. This is not the first time EB-5 funds have been used to finance a sports venue. Foreign investors previously invested in the Barclay’s Center in Brooklyn where the NBA’s Brooklyn Nets play.