News & Press

MCFI and Lawrence Chang is awarded the best EB-5 Regional Center of the year from US-India Business council

Posted on:Thursday, September 27th, 2018 @ 8:24 pm

On September 26th, The US-India SME Council awarded MCFI the best EB-5 Regional Center of the year and appreciates the continued support to the Indian community. Lawrence Chang will be visiting India next month to present their current project, Westphalia Town Center to investors in Mumbai, Delhi, and Gujarat.

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MCFI Announced the Receipt of Its First EB-5 Loan Repayment

Posted on:Tuesday, September 4th, 2018 @ 6:18 pm

Maryland Center for Foreign Investment, LLC (MCFI), the first federally designated regional center in the state of Maryland, today announces the receipt of its first EB-5 loan repayment from its construction loan to Live! Casino in Hanover, Maryland. Of the 200 investors, all 190 investor-families which have had their petitions fully adjudicated, have successfully received …

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Tesla Motors-Panasonic Starts Battery Production at Gigafactory in Reno-Sparks, Nevada

Posted on:Thursday, January 5th, 2017 @ 4:45 pm

JANUARY 5, 2017 – Tesla Motors-Panasonic has started production of lithium-ion battery cells at its massive Gigafactory in Nevada which will stimulate the local economy of the Reno-Sparks area where MCFI’s Legends Bay Casino project is located.

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Westphalia Town Center Development District Approved for TIF

Posted on:Thursday, December 8th, 2016 @ 8:39 pm

In a unanimous vote in November 2016, the Prince George’s County Council gave the green light for the formation of a special taxing district for Westphalia Town Center and the related development area. This paves the way for the project to greatly benefit from tax increment financing (TIF) from the municipality for the future development …

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MCFI Receives I-829 Approval Club Award from IIUSA

Posted on:Tuesday, October 18th, 2016 @ 5:26 pm

MCFI was recently recognized as a leader in the EB-5 industry with an IIUSA I-829 Approval Club Award. The award was presented by Peter Joseph, IIUSA Executive Director and received by Mr. John J. Chang, MCFI Chairman and CEO, at the IIUSA 6th Annual Industry Forum on October 10th, 2016 in Los Angeles. MCFI prides …

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MCFI Featured in Korea Daily

Posted on:Monday, August 29th, 2016 @ 8:00 am

August 29, 2016 MCFI was featured in Korea Daily, the most read Korean language general daily newspaper in the United States with an estimated 258,000 daily readership.  The article highlighted MCFI’s EB-5 experience and portfolio as well as the expertise of Mr. John J. Chang, CEO and Mr. Lawrence Chang, President. Click here to read the article. …

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New EB-5 Project: Westphalia Town Center in D.C. Metropolitan Area

Posted on:Thursday, August 4th, 2016 @ 10:11 pm

August 4, 2016 MCFI is excited to announce a new investment opportunity with proven success in current home sales and municipal government support! Westphalia Town Center Washington, D.C. Metropolitan Area • 745 residential units & 30,000 SF in retail Westphalia Town Center is a mixed-use, 110-acre community featuring townhomes and apartments as well as a shopping center with grocery …

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New EB-5 Project: Legends Bay Casino in Nevada

Posted on:Monday, August 1st, 2016 @ 4:29 pm

August 1, 2016 MCFI is pleased to offer a new investment opportunity! Legends Bay Casino Sparks, Nevada • 70,000 square-foot casino • Two hotels totaling 206 rooms Legends Bay Casino is a premier destination resort that combines gaming, casual and formal dining, live cabaret entertainment, and hospitality into an exciting and transformative experience for guests. Please visit …

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Tesla Aims To Finish Gigafactory in Sparks, Nevada Years Ahead Of Schedule

Posted on:Monday, July 25th, 2016 @ 3:41 pm

As reported by major news outlets in July 2016, Tesla doubled its construction workforce in a race to finish its gigafactory early so the company can achieve full production in 2018 instead of 2020. The Tesla Gigafactory is located just 18 miles from one of MCFI’s new EB-5 projects, Legends Bay Casino. The recent creation …

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