News: Brokerage

City Connections Realty holds EB-5 event on Saint Patrick's Day; Keynote speaker was Chan, EB-5 attorney/CCRNY associate broker

On Saint Patrick's Day, March 17th, City Connections Realty (CCRNY) welcomed 300 real estate agents, developers and finance professionals for an informative presentation about the EB-5 Visa Program. The presentation had to be moved to the auditorium in the Grand Lodge of the Masonic Hall due to the overwhelming attendance! Keynote speaker, Min Chan, an EB-5 attorney and associate broker at CCRNY, wants to make immigrating and buying city properties easier for Chinese buyers. Chan is co-founder of the City Connections Regional Center with David Schlamm, owner and president of CCRNY. "The purpose of the EB5 program is to promote the immigration of people who can help create jobs for U.S. workers through their capital investment," said Chan. The presentation expressed the company's plan to work with smaller developers, international clients and affordable housing programs through the EB-5 Visa. Schlamm and Chan also unveiled their website MeiXiChina.com, which will be behind the Chinese firewall. This will allow clients to view properties and directly communicate with City Connections. Accompanying the website will be a call center in China to assist clients in their native language. Plans for a relocation center to further assimilate international clients to life in the United States were also discussed at the presentation. Meant to spark conversation with those in real estate and investment industries, Chan opened up the floor for a Q&A session after the presentation, which lasted almost another hour. "I was extremely pleased with the interest and attendance of this special event. EB-5 financing is a hot topic!" said Schlamm. "I'm confident that our investment into the regional center and our unique website will prove to be very successful." The Regional Center continues to get much acclaim from noteworthy publications with multiple articles in The Real Deal and ChinaDaily.com. Following the presentation, CCRNY held a reception of hors d'oeuvre and cocktails in its renovated office on the 10thfloor of the Masonic Hall. Guests stayed until the very end making it an extremely memorable night with much anticipation for the future.
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