You are here: Home » 0 » » Archives for 0st

Foreign Investors in SF Gateway Marriott (JF27) Project Obtain Conditional Green Card Approvals

WASHINGTON, June 07, 2024 (GLOBE NEWSWIRE) — EB5 Capital is pleased to announce the first large wave of individual I–526 and I–526E petition approvals for investors in its SF Gateway Marriott (JF27) project. An I–526/I–526E approval is a significant step in the EB–5 immigration process as it qualifies the investor and their immediate family members for conditional permanent residency in the United States.

EB5 Capital has raised foreign investor funds across approximately 40 EB–5 projects throughout the United States, including half a dozen hotel projects in California. The SF Gateway Marriott (JF27) project, also known as Gateway at Millbrae Station, is a $300 million mixed–use development containing 400 apartment units and 200,000 square feet of commercial space in Millbrae, California, a suburb of San Francisco in San Mateo County. EB5 Capital raised foreign capital from 60 investors, representing a variety of nationalities, to finance a portion of the capital stack for the Residence Inn–branded hotel component of the larger development. The project opened to the public in early 2023 and created over 800 jobs as a result of the investment.

“We are happy that over a dozen investors have recently been approved in this project as several of them filed their cases with USCIS before the outbreak of the Covid–19 pandemic in late 2019,” said Molly FitzGerald, Director of Investor Communications and Engagement at EB5 Capital. “Our clients have patiently waited for USCIS to adjudicate their cases and they can now move on to the next step in their immigration process.”

The SF Gateway Marriott (JF27) project has created more than the number of jobs required by the EB–5 program to support all the investors with the remainder of their immigration journey at the I–829 stage when they apply for permanent residency in the United States. Until then, EB5 Capital is looking forward to additional I–526/I–526E investor approvals soon and will continue to keep its clients informed on the operations of the hotel.

About EB5 Capital

EB5 Capital provides qualified foreign investors with opportunities to invest in job–creating commercial real estate projects under the United States Immigrant Investor Program (EB–5 Visa Program). Headquartered in Washington, DC, EB5 Capital’s distinguished track record and leadership in the industry has attracted investors from over 75 countries. As one of the oldest and most active Regional Center operators in the country, the firm has raised over $1 billion of foreign capital across approximately 40 EB–5 projects. 100% of our investors’ funds are protected by the Federal Deposit Insurance Corporation (FDIC) insurance prior to their deployment into our projects. Please visit www.eb5capital.com for more information.

Contact:
Katherine Willis
Director, Marketing & Communications
media@eb5capital.com


GLOBENEWSWIRE (Distribution ID 9150665)

e& leads as the Top Telecoms Employer Brand in Employer Brand Index 2024

  • e& UAE is the Top Telecoms Employer Brand in Brand Finance rankings
  • e& ranked 16th in the Top 20 employer brands across all categories in 16 countries
  • Achievement reflects the broader reputation of UAE as a global talent hub

LONDON, June 07, 2024 (GLOBE NEWSWIRE) — e&, the global technology group, attained the highest position in Brand Finance’s inaugural Employer Brand Report 2024 with its UAE entity ranking as the Top Global Telecoms Employer.

The group also secured the 16th spot among the Top 20 Employer Brands across measured employer brands across financial services, telco, media, and tech (TMT), oil, gas, and energy, professional services, retail, automotive, and fast–moving consumer goods (FMCG) in Africa, Asia, Europe, and the United States.

Ali Al Mansoori, Group Chief People Officer, e&, said: “This recognition as an employer of choice reflects the incredible dedication and passion of our people, who are our greatest assets. It also reaffirms our commitment to cultivating a unified company culture where every employee is empowered to think differently, experiment fearlessly, and innovate continuously. In today’s rapidly evolving landscape, having a talented workforce is more critical than ever.”

David Haigh, CEO of Brand Finance, said: “Middle Eastern telecom brands are increasingly overtaking their European and American counterparts as desirable places to work. This reflects the career opportunities and exciting technological developments created by consistent, high–quality investment in the Middle East.”

Leading the way in employer branding and talent development in UAE, the group scored highly across several considerations, including as a 'prestigious brand,’ an ‘inspiring vision,' ‘enjoyable and rewarding work,' and a ‘well–managed and governed company.’ e&’s achievement reflects the broader reputation of the UAE as a global talent hub and the preferred destination for people seeking to shape a prosperous future.

“At e&, we are committed to equipping our team with the skills necessary to navigate and thrive in the digital age. Our vision is not just to keep pace with change, but to lead it. We are building a resilient, forward–thinking workforce capable of driving our company and our community towards greater heights. Our strategy includes comprehensive training programs, partnerships with educational institutions, and an environment that rewards creativity and bold thinking. We are dedicated to creating opportunities for professional growth and supporting our team as they develop the technological skills and mindset essential for the future,” added Al Mansoori.

The inaugural “Employer Brand Index” report showcases the world’s top brands with global and regional league tables. The research–driven study is the first of its kind, measuring internal and external perceptions of employer brands from 16 countries. The Index is derived from responses from an anonymous survey of the public across various industries conducted via independent online panels.

The Brand Finance 2024 Employer Brand Index follows the release in January of the global brand rankings in which e& UAE was rated the strongest telecom brand globally (AAA rating) and the strongest brand in the Middle East and Africa (MEA) across all categories.

Brand Finance is the world’s leading brand valuation consultancy. For more than 25 years, it has been bridging the gap between marketing and finance by evaluating the strength of brands and quantifying their financial value to help organisations of all kinds make strategic decisions. Every year, Brand Finance conducts more than 5,000 brand valuations, supported by original market research, and publishes over 100 reports that rank brands across all sectors and countries.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/5ab3f4e1–ad68–4a1f–b513–0f6dd6ce45d1


GLOBENEWSWIRE (Distribution ID 1000965168)