Why eb5

Why Eb5?

For commercial real estate developers, EB-5 financing presents a compelling capital source, particularly for developments like hotels, which often struggle to secure non-recourse construction financing through traditional means. Our company provides non-recourse capital, which can be structured as a senior loan, mezzanine loan, preferred equity, or joint venture equity, depending on the project. While EB-5 financing is available for all asset classes, certain property types, which generate more jobs, can support a larger EB-5 allocation in the capital stack.

Eligibility

At Summit Square EB5, we actively seek new investment opportunities and partnerships, working with a diverse range of project partners, from developers to companies across sectors such as retail and manufacturing.

To qualify for the EB-5 program, a project must be located in a Targeted Employment Area (TEA), which is either a rural area or one with an unemployment rate exceeding 150% of the national average. Summit Square EB5 can assist developers in determining if their project's location qualifies for TEA designation. We focus on urban developments within TEAs that generate a substantial number of full-time, living-wagejobs. We provide senior loans, mezzanine loans, preferred equity, or joint venture equity for projects involving owners and/or institutional equity partners.

General Project Parameters

Every project is unique. Aside from being located in a Targeted Employment Area (TEA), there is no one set of rules that will apply to all projects. The following general parameters can help you determine whether EB-5 financing might suit your project. A certain project does not need to meet all of these conditions, but the more conditions that are met, the better.

  • Developer equity contribution of at least 20% of the total cost
  • Complete the project capital stack at the start of fundraising.
  • Clear 5- to 7-year exit strategy for EB-5 investors
  • Proven track record of similar successful developments
  • Experienced project team (general contractor, architect, etc.).
  • Proven market demand with strong submarket fundamentals
  • Zoning and entitlement approvals in place
  • Under construction or groundbreaking within 8-12 months

Why Choose Summit Square EB5?

Summit Square EB5 Visa Developers is distinguished among authorized regional centers within the EB-5 program for our unique approach. Our commitment to excellence in client relations, operations, and results sets us apart. Here’s why partnering with Summit Square EB5 Visa Developers is a smart choice:

01.

Proven Success

We have a 100% approval rate for I-526E and I-829 petitions across more than 30 projects, with numerous projects fully repaid.

02.

Experienced Leadership

Our seasoned leadership team has served on influential boards and committees within both the EB-5 and real estate sectors.

03.

Expert Team

Our large, multilingual team is one of the most experienced in the industry, dedicated to guiding you through every step of the process.

04.

Objective Selection

We collaborate with independent, experienced developers to ensure that every project is evaluated with objectivity and precision./p>

05.

Strong Network

We maintain strong partnerships with top professionals and government agencies in the EB-5 field, ensuring the highest standards of service.

06.

Investment Security

We prioritize projects that offer robust potential for U.S. residency and secure capital returns.

faqs

Got questions? we've got answers

A TEA is a geographic area designated by the U.S. government where the unemployment rate is high or the area is rural, intended to attract investment and job creation.

A project's eligibility for a TEA designation depends on its location within a high-unemployment or rural area as defined by specific government criteria.

The fundraising process typically lasts between 6 to 12 months, depending on various factors, including project size and investor interest.

Closing costs generally include legal fees, administrative fees, and other expenses related to finalizing the investment, varying by project.

The typical investment term ranges from 5 to 7 years, depending on the project's structure and goals.

The cost of funds usually includes interest rates or returns on investment, which can vary widely based on the project's risk and return profile.

Developers typically need to contribute 10% to 20% equity in the project.

Developers are generally not responsible for the immigration process; investors handle their own visa applications and requirements.