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Trendspotters’ Predictions for the top 10 Food Trends of 2018

Food & Beverage industry is always on the look out for new trends and one of the best sources for this kind of trend spotting is Specialty Food Association shows and publications. I am personally a fan of Middle Eastern food so it was fun to see that it made the list. Every year Specialty Food Associations panel "TRENDSPOTERS" pick top trends in USA. Here is the list and info regarding upcoming trends that we will experience.

WeWork buys Lord & Taylor flagship for $850M for new world headquarters

Facing mounting pressure to shed its real estate assets, Hudson’s Bay Company is selling Lord & Taylor’s flagship store to WeWork and its partner for $850 million. WeWork Property Advisors — a joint venture with Rhône Capital, who is making a $500 million equity investment in HBC as part of the deal — is purchasing the 676,000-square-foot landmark building for WeWork’s new global headquarters, the New York Times reported. The Real Deal first reported that WeWork and Rhone were raising several hundred million dollars for a real estate investment fund.

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Nearly $17B in EB-5 Funds Are Ready for Redeployment

A 10-year backlog in EB-5 applications has a silver lining: $16.6 billion that investors can reinvest in real estate or other businesses if they still want a green card. The origin of the money is a unique problem with the EB-5 program, in which investors can invest $500,000 in a U.S. business in exchange for a green card. But the program requires investors’ money to be “at risk” pending the outcome of the application. Since the U.S. only hands out 10,000 EB-5 visas a year, a years-long backlog means some developers want to return investors’ money before they obtain the green card.

The Top 10 biggest Real Estate Projects Coming to NYC

The largest new building proposed in July will be part of a 1.65 million-square-foot megadevelopment on the Lower East Side. The city’s department of Housing Preservation and Development filed plans last month for 202 Broome Street, a mixed-use building that will span 258,413 square feet, according to a permit application filed with the city’s Department of Buildings. L+M Development Partners, Taconic Investment Partners and BFC Partners are developing the 15-story project, along with the rest of the $1.5 billion Essex Crossing development, which spans 10 different sites.

Turkey to Open 50 Trade Centers Worldwide

The Turkish Exporters Assembly (TİM) aims to open approximately 50 trade centers around the world in the near future, said Bahadır Öztanyel, the TİM Promotion Organization Domestic and Foreign Trade Inc. CEO. Öztanyel spoke to Anadolu Agency (AA) about the commencement of the Ready-Made Clothing Sector Trade Center, which opened in New York with support from the Economy Ministry and in the coordination with TİM.

EB-5 Visas: Everything You Need to Know

U.S. Congress created the EB-5 Program in 1990 to stimulate the U.S. economy through job creation and capital investment by foreign investors. In 1992, Congress created the Immigrant Investor Program, also known as the Regional Center Program. This sets aside EB-5 visas for participants who invest in commercial enterprises associated with regional centers approved by USCIS based on proposals for promoting economic growth. We talked about EB-5 Visa with an expert, Marko Issever, Managing Director of Riverside Management Group, a merchant banking boutique.

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