FlexPath Immigration Partners was founded in February 2026 by Jeff DeCicco and John Eknoian, who have extensive experience in EB-5, corporate credit, and private equity. They launched the firm recognizing a unique opportunity in an existing, cash-flowing franchise business.
Their approach emphasizes financial stability and risk management, ensuring projects are well-supported by evaluating the capital stack and developer equity. This strategy aims to minimize risks in the EB-5 space, they said.
“When my partner and I launched FlexPath, John — being a corporate credit and private equity guy, and new to EB-5 — asked me, ‘Why do projects fail? Give me some examples,’” DeCicco said.
That question became the foundation for FlexPath’s underwriting framework. The firm looks for six qualities in the EB-5 projects it sponsors: immigration certainty, advanced project status, execution simplicity, timely capital deployment, a complete capital stack, and an early path to stabilization. “We may not always be able to nail all six in every project, but that’s our target,” DeCicco said.
