Research in the News

Professor Jeanne Calderon and Scholar-in-Residence Gary Friedland's research on the EB-5 investment visa program

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Excerpt from The Guardian -- "A May 2015 report from the Center for Real Estate Finance Research at New York University’s Stern School of Business was blunt about the visa’s use: '[W]hen the traditional capital markets evaporated during the Great Recession, developers’ demand for alternative capital sources rejuvenated the program.' EB-5, the Stern report said, represents 'a capital source providing extraordinary flexibility and attractive terms, especially to finance commercial real estate projects'."

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