2016 U.S. EB-5 Investment Immigration Trend Analysis Seminar 90 Columbus Apartment Project Presentation
Date: July 16, 2016 (Saturday) 14:00-17:00
Address: 6th Floor, Excellence Times Plaza, 4068 Yitian Road, Futian Central District, Shenzhen
Guest: Ironstate Developer
Regional Center Representative
90 Columbus Apartment Project
◆The project's full set of I-526 documents has received exemplar approval from USCIS;
◆Low EB-5 capital ratio;
◆High job creation multiplier: The project's job creation multiplier reaches 2.4 times;
◆Strong repayment capability;
◆Superior geographical location;
◆Significant property appreciation potential;
◆Strong developer strength.
Click the image to view the project's special introduction
Overview of 90 Columbus Apartment:
The 90 Columbus Apartment project is a multi-family rental apartment building with a total of 51 floors and 634 units. Located at 90 Columbus Drive, Jersey City, known as the "back garden" of Manhattan, New York, it boasts a superior location and convenient transportation. Floors 2-47 of the project are rental units, which will reach luxury standards upon completion. In addition, the project includes 1,179 parking spaces and extremely convenient surrounding amenities, with numerous advantages attracting a large number of gold-collar and white-collar workers who work in Manhattan to settle here.
Over the past 10 years, the average vacancy rate in the local apartment market has been only 3.8%. Even during the economic downturn in 2009, the vacancy rate was only 5%. By 2013, the vacancy rate dropped to 3.6%. With the strong economic growth and recovery of Jersey City, the average vacancy rate in the local apartment market is expected to decline further.