v i s a n u m b e r s w e r e n o t l i m i te d b y a n y v i s a c a p s .
Overall, the study pointed out that an unconstrained
EB-5 program’s new job creation alone amounted to
roughly four percent of all private sector job grow th
for the U.S. economy over the two -year period
examined.
CONGRATULATIONS
ERIC S. ORENSTEIN:
TOP 15 EB-5 ATTORNEY
"A united industry front
is perhaps the best way
to break the current
EB-5 reform logjam"
N u m b e r s l i ke t h e a b ove a r e s i m p l y to o b i g to b e
ignored. They should be a clarion call to the EB - 5
industr y to set aside any differences and come
together in agreement on a broad consensus of
n e e d e d r e fo r m s as a c r i ti c a l f i r s t s te p to s o l v i n g
t h e p r o g r a m ’s a c t i v i t y - c u r t a i l i n g , v i s a n u m b e r s
shor tage. A united industr y front is perhaps the
best way to break the current EB -5 reform logjam—
where some in the past have exploited inter-industr y
differences to keep the program in limbo. Without a
consensus that ensures the long -term viability of the
program, an unconstrained EB-5 program’s potential
impact on U.S. job creation and capital investment
w i l l a m o u n t to n o t h i n g b u t “ l o s t o p p o r t u n i t y.” A s
such, it appears that quite literally billions of foreign
i nve s tm e n t d o lla r s a n d h u n d re ds of th o usa n ds of
new U.S. job oppor tunities over the nex t five years
hang in the balance—dependent on the success of
the industr y ’s 2019 effor ts in this regard.
“It’s an honor to be recognized
among the country’s leading EB-5
attorneys. More importantly, I’m
pleased to celebrate the success
that my clients and I have achieved
together through our thriving
national practice.” - E. S. Orenstein
Eric S. Orenstein is a member at Rosenberg &
Estis, P.C. and is the firm’s leading expert on all
matters related to EB-5. Eric represents lenders,
owners and developers nationally, providing his
legal expertise in all aspects of real estate includ-
ing financing, development and purchase and sale
transactions. His experience provides him with the
ability to protect his clients' interests while achiev-
ing their goals.
Established in 1975, R&E is known for its tenacious
and successful representation in all aspects of
commercial and residential real estate, from per-
forming due diligence and evaluating financing, to
handling joint ventures, acquisitions and leasing,
construction and design team agreements, land
use and zoning matters, co-op and condo offering
plan filings and property tax services.
Jeffrey B. Carr , president and senior
economist, has more than 35 years of
experience as an economist-analyst. He
has completed more than 225 assignments
under the EB-5 program in 44 states and
U.S. territories. These include completing
economic studies and credible business
plan filing documents for I-526 and I-829
investor petition filings. Carr also has
completed dozens of assignments for
targeted employment areas and for regional center business-
operations plans. He has lectured on EB-5 matters throughout the
United States and China.
120 EB5 INVESTORS M AGAZINE
REAL ESTATE BEGINS WITH
ROSENBERG & ESTIS, P.C.
733 THIRD AVENUE, NEW YORK, NY 10017
(T) 212.867.6000 || ROSENBERGESTIS.COM