EB-5 investors naturally focus on immigration eligibility, job creation, processing expectations, and the experience of the regional center. Those questions matter, but they do not fully explain what protects an investor’s capital at the project level. Two offerings may support the same immigration objective while placing EB-5 capital in very different positions. One may use a First-Lien Senior Secured Loan; another may invest through Preferred Equity or Common Equity. The di

For many EB-5 families, the two primary goals are clear: pursuing U.S. permanent residence and preserving the opportunity to recover their investment principal after the applicable immigration and investment requirements have been satisfied. That makes capital position important. Within the same real estate project, a First-Lien Senior Secured Loan generally offers the highest repayment priority and strongest collateral position in the capital stack. It does not eliminate inv

Not all EB-5 real estate investments occupy the same position within a project. A project may be financed through a Senior Loan, Mezzanine Loan, Preferred Equity, Common Equity, or a combination of these sources. Together, these layers form the capital stack. Understanding this structure helps investors compare repayment priority, collateral, and relative risk before selecting an EB-5 project. 1. Senior Loan A Senior Loan generally sits at the top of the capital stack. It is