EagleBank Provides $50M Loan to EB5 U.S. Immigration to Promote Foreign Investment in Real Estate
March 28, 2024
March 28, 2024
BETHESDA, Maryland, March 28 -- EagleBank, a community bank, issued the following news release on March 27, 2024:
EagleBank (NASDAQ: EGBN), one of the largest community banks in the Washington, D.C. area, today announced it has provided a $50,000,000.00 Guidance Line of Credit to EB5 USA Immigration LLC, an affiliate of EB5 Capital. This loan, which highlights EagleBank's lending capacity in this specialized space, will supply pre-funding or bridging preferred equity in EB5 real est . . .
EagleBank (NASDAQ: EGBN), one of the largest community banks in the Washington, D.C. area, today announced it has provided a $50,000,000.00 Guidance Line of Credit to EB5 USA Immigration LLC, an affiliate of EB5 Capital. This loan, which highlights EagleBank's lending capacity in this specialized space, will supply pre-funding or bridging preferred equity in EB5 real est . . .