MIAMI—In a move to beef up its EB-5 development investment opportunities in Florida, Riviera Point Development Group has named a new COO and vice president. Veteran development and construction executive Noel Epelboim has officially come on board. With Epelboim's presence, Riviera's team now includes executives with links to key markets for EB-5 investors, including South America and China.

“Noel's broad experience will greatly expand Riviera Point Development Group's opportunities to expand into new areas, including high-rise residential and mixed-use development,” says Rodrigo Azpurua, president of Riviera. “There is increasing interest from EB-5 investors in Florida, and having a key executive of Noel's caliber is important to keeping Riviera Point a leader in the field.”

Azpurua is betting on Epelboim's “deep expertise” as the company works to develop EB-5 financed commercial office projects in Miramar and Doral—and plans for future growth. A founding member of Constructora Arquinpro C.A. in Caracas, Venezuela, Epelboim has been in the commercial real estate development business for 30 years. He has completed 50 projects in Venezuela, including more than 2 million square feet of high-end condominiums, as well as commercial and office buildings.