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The EB-5 regional center program allows foreign investors to obtain US visas through investment in real estate projects that bring jobs. It was renewed in March, yet many say its renewal shouldn't be necessary.
The Dallas-based private equity firm has moved its head of Asia into a new role and is eliminating 25 positions in the region.
The former Torchlight Investors partner has joined the real estate debt specialist as senior managing director and co-head of capital raising.
Robert Karnes, who previously led the real estate debt group, has taken over management of the new real assets group.
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