2016 U.S. EB-5 Immigration Trend Analysis Seminar: 90 Columbus Apartment Project
Time: August 27 (Saturday) 14:00-17:00
Reservation Hotline: 400-6622-699
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90 Columbus Apartment Project
1. The complete I-526 file for the project has received exemplar approval from the USCIS.
2. The project uses the RIMS II economic model to calculate employment, creating 2.4 times the number of jobs required by the USCIS.
3. EB-5 capital accounts for only 15.3% of the total project cost.
4. Strong repayment capability: Colliers International, a world-renowned commercial real estate appraisal firm, has issued a valuation report for this project. Once the project is completed and operational, EB-5 capital will account for only 10.9% of the project's market value.
5. Superior location: The project is located at 90 Columbus Avenue in Jersey City, known as the "back garden" of Manhattan. It faces Manhattan, New York, across the river. A large number of professionals working in Manhattan live here. The project is adjacent to the subway station, and it takes only 20 minutes to reach Manhattan's Financial District by subway.
6. Significant property appreciation potential: This property is a scarce apartment resource with a Manhattan concept, offering great appreciation potential. The developer plans to rent rather than sell, aiming to achieve dual benefits from rental income and appreciation.
7. Strong developer strength: The developer of this project, Ironstate, is one of the largest privately-owned real estate development companies in the northeastern region of New Jersey. It is primarily involved in the development and management of large-scale comprehensive projects, with participation in apartment and hotel projects valued at billions of dollars. Currently, it is developing residential, hotel, and mixed-use residential projects worth over one billion dollars.