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Rheem, Bell & Mermelstein’s Edward Mermelstein Talks Foreign Investment in the U.S.

Rheem, Bell & Mermelstein’s Edward Mermelstein Talks Foreign Investment in the U.S.

Check out this interview with Edward conducted by The Commercial Observer. See article below: The law firm of Rheem, Bell & Mermelstein handles as wide a range of services for high-net-worth overseas investors as one could hope. From the acquisition and sale of residential homes to the refinancing of commercial properties, from construction financing to commercial leases, …

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EB-5 Visa Program and Foreign Investors

EB-5 Visa Program and Foreign Investors

Edward comments on the EB-5 Visa program, also referred to as the Golden Visa, in which foreign nationals can receive a US visa by investing into developing projects in the United States that guarantee creation of US jobs. See the full article below: May 10, 2017 Over the weekend, the Washington Post reported on a real …

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Trump Policy Impact on Real Estate Still Unclear

Trump Policy Impact on Real Estate Still Unclear

Edward was quoted in an article in the New York Times commenting on the impact that President Trump’s policy decisions will have on real estate. See article:  April 21, 2017 The controversial visa-for-sale program called EB-5, which allows foreigners to get green cards by investing in economic development projects, has largely been driven by Chinese …

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NYC developers and investors begin to shift strategies in preparation for market correction

NYC developers and investors begin to shift strategies in preparation for market correction

THE REAL DEAL Real estate attorney Edward Mermelstein said he’s seeing it on a daily basis. He described it as a strategy developers are taking “to protect themselves as things move forward.” “This is definitely a hedge where you’re confident that at least a portion of your property is going to be sold, even though …

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Chinese Investors Are Scooping Up NYC Real Estate, Aided by Like-Minded Russians

Chinese Investors Are Scooping Up NYC Real Estate, Aided by Like-Minded Russians

OBSERVER NEWS In the past year, the Chinese have invested almost $6 billion in U.S. real estate, $4.5 billion of which was in Manhattan. Chinese and Russian ultra net-worth individuals and businesses have become major engines in the market. These high-octane purchasers come with many nuances, which like-minded individuals can appreciate.

Japanese Firms Renew Interest in NYC Property

Japanese Firms Renew Interest in NYC Property

THE WALL STREET JOURNAL Japanese real-estate firms also have been more willing to work this time with local partners. During the 1980s, most Japanese firms didn’t do this, “and that’s a reason why they departed the market so quickly when it fell apart,” said Edward Mermelstein, a real-estate attorney with RheemBell & Mermelstein LLP. “Foreign …

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