9Orchard

PROJECT TIMELINE


Under Construction and Jobs for EB-5 Investors already created

PROJECT DESCRIPTION


Highlights

 

  • Boutique Hotel located in New York
  • Located at Lower east side of New York City
  • EB-5 investors in a first trust deed with only 38.5% loan to cost ($73.5MM of EB-5 debt ahead of $117.3MM developer equity)
  • Project already under construction and 100% funded with Developer Equity
  • There is a I-526 denial guaranty backed by DLJ’s Fund
  • 800 jobs already created
  • First deed of Trust
  • Experienced Developer DLJ with $16 billion of completed real estate deals
  • 100% of profits go to sinking fund to pay EB5 investors back

 

Contact [email protected] for more details


PROJECT DETAILS


Regional Center: EB5United
TEA:
Open/Close : open
Project Category : Hotel

JOBS


Total Job Creation:
Job Creation Per Investor:

LOCATION


Project Location : : 9 Orchard Street
State : New York
Country : USA
Zip :

FUNDS


Total Funding Required : $190,000,000
Total EB-5 Funds : $78,500,000
Total Developers' Equity : $111,500,000
Total Senior Loan : NA
Total Other Equity :NA
Total Other Loan : NA

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