This is the second phase of a 35-floor high-end oceanfront condominiums building in the downtown area of one of the most desired and exclusive Florida cities, with several of the best features in its class. This is one of the most attractive urban EB-5 projects available at this time.
Regional Center Project:
• 192 luxury oceanfront condos
• Secured EB-5 investment with a loan repayment guaranty
• Very experienced real estate developer with more than $19B in executed projects since 1997 • One of the largest and most experienced EB-5 regional center operators with 2,000+ investors
• Vertical construction has been completed (35 out of 35 floors)
• 100% of 192 total condo units already sold
• Senior loan executed with Wells Fargo Bank
• Project appraisal valuation report from CBRE Group
• EB-5 Phase II is only $49.5M (22%) of total project cost
• I-924 Exemplar Approval on previous phase
• I-526 approval refund guaranty
• Construction completion guaranty • Urban TEA qualifies for a 10% visa set aside; reduces waiting time for a green card after I-526 approval
A good part of the required jobs have already been created for each $800,000 EB
5 investor. When completed, the project will create 44+ jobs for each $800,000
EB 5 investor.