Douglas taps EB-5 market to help finance D.C. deal

Douglas Development Corp. has obtained $18m of preferred equity from the EB-5 market as part of its efforts to redevelop…


Douglas Development Corp. has obtained $18m of preferred equity from the EB-5 market as part of its efforts to redevelop the historic Uline arena in Washington, D.C., into an office and retail property. It was a long process to line up the financing, which is complemented by a $75.5m construction