EB5 Projects

At EB5 United, we work with well-established developers that invest significant amounts of capital in our EB-5 projects. In the last 13 years, we’ve raised over $950 million for various EB-5 Investment Projects. Since the passing of the Reform and Integrity Act (RIA) of 2022, our Rural EB-5 Projects have benefited from Priority Processing with investors receiving I-526E Approvals as quickly as 29 days, with an average of 6 months.

Current EB5 Projects

Currently, we are offering two Rural EB 5 Projects to EB-5 investors worldwide. Both EB-5 Projects, Yellowstone Club Phase II and Lakefront Estates & Villas, are under construction by developers with a well-established track record.

Regional Center EB5 Project: Under Construction

Yellowstone Club

Big Spring Village Phase 2
Big Sky, Montana

Big Spring Village Phase 2 is a luxury residential project situated within the prestigious Yellowstone Club, renowned as one of the most exclusive clubs in the world. With the Club’s impressive sales history of over $4 billion in the past three years, it demonstrates that the project is well-insulated from market fluctuations. This is Raise #4 EB-5 Project for the Developers, CrossHarbor in Big Sky, who have already raised over $250+ MM successfully through previous three EB-5 Raises – the  Yellowstone Club Phase I, Montage Hotel and Residences and the One&Only Moonlight Basin. Yellowstone Club is operated & managed by the Discovery Land Company.

The LaSalle Hotel - Chicago
Yellowstone Club

Regional Center EB5 Project: Under Construction

Lakefront Estates & Villas

Okeechobee – Glades County, Florida
The Project is a planned Masterplan community with a total of 1,000 lots for single-family for-sale residential units, 300 rental residential units, 780,000 square feet of leasable commercial space, and various amenities and neighborhood features built over three phases, supporting the community lifestyle being created.
The LaSalle Hotel - Chicago
LF Hero EN

Completed EB5 Projects

In the last 13 years, our selection of EB-5 Projects has helped investors obtain 2000+ Green Cards for themselves and their family members by making job-creating investments in the United States.

Regional Center EB5 Project: Under Construction

One&Only Moonlight Basin

Big Sky, Montana
One&Only is Phase III EB-5 and is located within the Moonlight Basin master-planned community in Big Sky, Montana – near to Yellowstone Club. This six-star luxury resort and golf course has a total of approximately 123 keys throughout 73 hotel guestrooms, 19 hotel cabins, and an estimated 31 five-six-bedroom Private Residences that will enter the Hotel rental pool. In addition, there will be a world-class spa, ski lodge, and high-speed gondola.

The LaSalle Hotel - Chicago
One&Only Moonlight Basin EN
montage-project-img
The Montage Hotel
and Residences
Big Sky, Montana
99-Room 5-Star Ultra Luxury Hotel with 39 For Sale Private Residences with Yellowstone Club Membership

$55,300,000 EB-5

9 Orchard – NYC – New York – EB5 United (3)
Nine Orchard
Manhattan, NYC
116 Room, 5 Star Luxury Boutique Hotel

$88,000,000 EB-5 First Deed of Trust

Rclgolf
Six-Star Luxury Hotel and Resort
​Puerto Rico
136 Room Hotel + Championship Golf Course

$119,500,000 EB-5 First Deed of Trust

marriott-Residence-Inn-Portland-Downtown-Pearl-District-EB5-United-Intro
Marriott Residence Inn
Pearl District / Portland Downtown, OR
225 Room Hotel

$51,000,000 EB-5 Equity – 100% returned with 12% yield to EB-5 Investors (October, 2019)

MARRIOTT-RESIDENCE-INN-AND-COURTYARD-LA
Marriott Residence Inn
& Courtyard
LA Live – Los Angeles, CA
393 Room Hotel

$181,000,000 EB-5 Equity

L
The Lasalle – An Autograph Collection Hotel
L
Chicago Board of Trade
L
The Magnificent Mile is Chicago’s premier commercial district. The vibrant, bustling area is home to upscale shops, luxe fashion outlets, cool restaurants and posh hotels. Landmarks include the historic Chicago Water Tower, the neo-Gothic Tribune Tower, the terracotta Wrigley Building skyscraper and the 100-story John Hancock Center, which has a rooftop observation deck with fine dining and panoramic city views.
L
Federal Reserve Bank of Chicago
L
Chicago Public Library
L
Millennium Park
L
Chicago Stock Exchange
L
Willis Tower
L
Willis Tower is the twelfth-tallest building in the world; it is the second tallest building in the North America and the Western Hemisphere, standing 1,450 feet and 110 stories tall.

The LaSalle Hotel

208 S LaSalle St, Chicago
A 232 Room, Autograph Collection Hotel by Marriott, redefining luxury in the heart of Chicago’s Financial District.

$32,800,000 EB-5

queen restaurant and lounge
Wynwood Moxy Hotel
255 NW 25th Street, Wynwood – Miami
A 120-key boutique Moxy hotel by Marriott, combined with 3 large Food & Beverage and Club venues – An institutional quality direct EB-5 project by EB5 United.

$9,000,000 EB-5

sixty-dc-new-render
SIXTY DC
Washington, DC.
SIXTY HOTEL DC is located in the heart of Dupont Circle in Washington, D.C. – and will be a seven-story, 73-room full-service hotel.

$5,000,000 EB-5

queen restaurant and lounge
Queen Restaurant
and Lounge
Paris Theater – Miami Beach
Queen Miami Beach is the redevelopment of the Paris Theater into a high-end restaurant, entertainment venue located in world famous Miami Beach.

$3,000,000 EB-5

OUR PARTNERS

EB5 PROJECT FAQs

What are the types of EB-5 Projects?

EB-5 projects assume many different business models and operate within many different industries. Types of EB-5 projects include:

  • Mixed-use retail
  • Hotels
  • Sports stadiums
  • Restaurants
  • Agricultural developments, including wineries and farms
  • Electric vehicle manufacturing
  • Manufacturing
  • Biotech and medical technologies
  • Casinos
  • Entertainment venues
  • Convention centers
  • Office buildings

What does a typical EB-5 Project Model look like?

Most EB-5 investments tend to include real estate development as job creation as it is easiest to create jobs with construction.

New Commercial Enterprise: The New Commercial Enterprise (NCE) is the entity created into which the EB-5 investors invest. The NCE Manager is the issuer of the security and manages the New Commercial Enterprise into which the investors invest. The invested capital is then deployed as a loan or as equity to the Job Creating Entity.

Job Creating Entity (JCE): This is the project entity where the jobs will be created. In a typical EB-5 project each EB-5 investor buys one share of the NCE. From there the investors’ money is pooled together and either loaned or invested in the form of equity into the EB-5 project. The remaining amount required to complete the project may come from a developer, bank loan, grant, investment fund, or any other source of capital.

A “Loan” model project is a project in which the NCE makes a loan to the project. Each project will have a coupon rate and loan term/maturity date. The coupon rate is paid throughout the loan term beginning on the loan start date. A typical EB-5 project will have a loan term of 5 to 7 years.

An “Equity” model project is a project in which the NCE makes a Preferred, Pari Passu, or any other form of Equity investment into the project. Equity projects generally have more risk but can potentially earn the investor a higher return if the business is successful. In a pure equity investment, there is no maturity date to payback the investor, but rather the investor shares in the project’s cash flows, and the return of capital is dependent upon the sale or refinance of the project.

How is a typical EB-5 Project Capital Stack structured?

Senior Lender: The Senior Lender is first in line to be paid back, they hold the first position or right to foreclose on the property if there is a default on the loan agreement. This means in the event of a project failure; the first position lender can take over ownership of the development property and liquidate to recover its money. This is often a bank but sometimes is the EB-5 fund.

Secondary or Mezzanine Lender: The Secondary or Mezzanine Lender holds second position and therefore is second in line to be paid back, the Senior Lender will be paid back in full prior to the second lender recovering any money. Most EB-5 project loans are secured in second position, so it is important to know the size of the senior loan.

Preferred Equity Position: Preferred Equity investors will receive profits from the project until their preferred return is paid. This also means that return is dependent on the project returning a profit unlike a loan where interest is earned when funds are lent to the developer. You also are relying on the NCE liquidating through a sale or refinance to recover your investment, and there may not an investment maturity date. There are many ways to structure Preferred Equity offerings, please review the offering documents for each individual project to obtain the true structure of the investment.

Pari Passu Equity Position: Pari Passu Equity is a profit sharing split between the NCE Manager and/or developer and the investor. This can be the riskiest portion of the capital stack as you are relying on profits to pay the return. Under this structure you are generally relying on a sale of your share of the NCE to recover your investment.
Where your money is in the capital stack will decide the risk and return profile of your investment. Other primary aspects to consider are the current value of the asset during construction, how far along construction is, and the likelihood of construction completion.

What is EB-5 Job Creation requirement?

An EB-5 investor must invest the required amount of capital in a new commercial enterprise that will create full-time positions for at least 10 qualifying employees.

  • For a new commercial enterprise located within a Regional Center, the new commercial enterprise can directly or indirectly create the full-time positions.
  • Direct jobs establish an employer-employee relationship between the new commercial enterprise and the persons it employs.
  • Indirect jobs are held outside of the new commercial enterprise but are created because of the new commercial enterprise.

What is a Targeted Employment Area (TEA)?

A TEA can be, at the time of investment, either:

  • A rural area; or
  • An area that has high unemployment (defined as at least 150% of the national average unemployment rate).

A rural area is any area other than an area within a metropolitan statistical area (MSA) (as designated by the Office of Management and Budget) or within the outer boundary of any city or town having a population of 20,000 or less??? according to the most recent decennial census of the United States.

A high-unemployment area may be any of the following areas

  • An MSA;
  • A specific county in an MSA;
  • A county in which a city or town with a population of 20,000 or more is located; or
  • A city or town with a population of 20,000 or more outside of an MSA.

A high-unemployment area may also consist of the census tract or contiguous census tracts in which the new commercial enterprise is principally doing business. This may include any or all directly adjacent census tracts, if the weighted average unemployment for the specified area based on the labor force employment measure for each tract is 150% of the national unemployment average.

Source: USCIS