Contact Info:

David Hirson & Partners, LLP
1122 Bristol Street
Costa Mesa, CA 92626

ple@hirson.com

Direct: +1 949 531-6205
Fax: +1 949 383-5368

PHUONG LE

PARTNER

Phuong Le is a Partner with David Hirson & Partners, LLP’s dedicated EB-5 practice group. He draws upon an extensive background advising parties on all sides of EB-5 transactions, including Regional Centers, project developers, agents, and investors. Prior to joining the firm, he was in-house counsel for a large Southern California EB-5 Regional Center and real estate developer. There, he managed over $500 million in EB-5 financing and guided the company to several milestones, including approvals for their first 100 I-829 petitions.

His clients span the entire industry. He has successfully advised Regional Centers and businesses across the U.S. on over $2 billion in EB-5 deals, including commercial real estate developments, multifamily apartment buildings, hotels, medical office buildings, and restaurant franchises.

Phuong works closely with businesses throughout the EB-5 financing process, including structuring debt/equity EB-5 offerings as part of a diversified capital stack, and coordinating complex review and structuring with securities attorneys, economists, business plan writers, and escrow banks.

He regularly consults businesses on forming and managing their own Regional Centers, including filing annual I-924A compliance reports and creating I-526 and I-829 templates to ensure Regional Centers and investors have consistent work product, including peer review of other attorneys’ EB-5 filings. He also lectures and trains other attorneys, migration agents, and professionals on EB-5 project structure and due diligence.

Phuong also oversees the firm’s Vietnamese practice group and hosts a weekly immigration TV special to serve the Vietnamese community in Orange County, CA. He regularly travels to Vietnam where he works closely with the firm’s business partners, agents, and investors. Finally, he also frequently shares his knowledge with the industry as a lecturer, author, and as co-counsel/peer review for other EB-5 attorneys.

Past representative EB-5 financing matters include:

  • I-526 exemplar approval for $50 million EB-5 offering for a 300+ unit apartment complex in Southern California
  • $180 million in debt/equity EB-5 financing for 400,000 square foot mixed-use commercial real estate development in Orange County
  • Direct EB-5 financing raises for fast-casual franchise restaurants

Education:

J.D., U.C. Hastings, College of the Law
B.A., Philosophy, U.C. Irvine
B.A., Criminology, Law, & Society, U.C. Irvine

Admitted to Practice

  • California

Memberships & Professional Organizations

  • Member, Asian Pacific American Bar Association
  • Member, Southern California Chinese Lawyers Association
  • Member, Orange County Asian American Bar Association
  • Member, Vietnamese American Bar Association of Southern California
  • Member, National Asian Pacific Bar Association

Publications & Lectures

  • Co-Author, “EB-5 Bridge Financing: A Study of Market-Driven Applications & Definitions” by David Hirson, Nima Korpivaara, & Phuong Le. IIUSA Regional Center Business Journal, Volume 6, Issue 1 (April 2018)
  • Moderator, “Preparing for Changes in EB-5.” EB-5 Investors Magazine – 2018 Ho Chi Minh City EB-5 Expo (March 2018)
  • Speaker, “ILW’s 2018 Hanoi EB-5 Expo” ILW, Immigration Law Weekly (March 2018)
  • Speaker, “American Resettlement and the EB-5 Program.” EB-5 Investors Magazine – 2018 Ho Chi Minh City EB-5 Expo (March 2018)
  • Speaker, “Baker Tilly Capital’s 2018 Ho Chi Minh EB-5 Seminar.” Baker Tilly Capital, LLC (March 2018)
  • Co-Author, “Practical Steps for Investors in Traditional & Emerging Markets Considering Regional Center Versus Direct EB-5 Investments” by Phuong Le, Aaron Goforth, & Osvaldo Torres. EB-5 Investors Magazine. Volume 5, Issue 2. (Winter 2018)
  • Co-Author, “Bridging the Gap Between Investors and Projects: Five Considerations for Structuring EB-5 Deals” by Nima Korpivaara, Esq. & Phuong N. Le, Esq. Trade & Invest In America |The EB-5 Gateway (published on April 4, 2017)
  • Moderator, “Migration Agents: An Inside Look on the Growth Spurt of the Vietnamese Market: Trouble Shooting, What is Working & What is Not, How Can U.S. Projects Approach Vietnamese Agents, & Growing Pains.” EB-5 Investors Magazine – 2017 Ho Chi Minh City EB-5 Delegation (March 2017)
  • Speaker/Panelist,”EB-5 at a Quarter-Century: Myths, Facts, and a Look Forward” (CLE Breakout Session) – 2016 National Convention – National Asian Pacific American Bar Association (November 2016)
  • Co-Author, “The Evolving Role of EB-5 Counsel – Considerations for Multi-Party Representation in EB-5 Deals” by Nima Korpivaara, Esq. & Phuong N. Le, Esq. NES Financial’s ebook,Navigating a Changing EB-5 Sector: Insights from Experts (Summer 2016).
  • Co-Lecturer, “Counseling Business Clients.” Western State College of Law(July 2016)
  • Author, “Recap of the 2016 Ho Chi Minh EB-5 Delegation” by Phuong Le. EB-5 Investors Magazine. Volume 4, Issue 1. (Winter 2016)

Television

  • Co-Host, “KVLA’S Weekly Immigration Show.” KVLA TV – Channel 57.8, Orange County, California (April 2018 to Current)

Past Memberships

  • Member, Best Practices Committee – Association to Invest in the USA (2014-2015)
  • Member, American Bar Association Advisory Panel (2012-2014)