Investing in Prime Manhattan Commercial Property May Accelerate EB-5 Visa Processing
Time: August 17 (Friday) 14:00
Location: Worldway Beijing Office
Reservation Hotline: 400-6622-699
Currently, the 9 Orchard Manhattan Luxury Boutique Hotel, the only EB-5 project in Manhattan offering the potential for expedited visa processing and a first-lien repayment position, has become one of the most sought-after projects in the EB-5 market. Since its launch, the project has been highly favored by investors, fueling a surge in interest for U.S. investment immigration.
Project Overview
The 9 Orchard luxury boutique hotel project is located at Orchard 9 on the Lower East Side of Manhattan, New York City. The project involves the renovation of the 105-year-old, 12-story Jarmulowsky Bank building, alongside the construction of a new 6-story building.
The new and old buildings will be integrated to operate as a luxury boutique hotel. The hotel will include 116 luxury guest rooms, a 600-square-meter bar and lobby, and 930 square meters of meeting and event space.
Project Highlights
● One of the first EB-5 projects in Manhattan to meet the definition of a "City Priority Investment Area" under proposed legislation, offering the potential to shorten visa wait times
● A rare Manhattan EB-5 project with a first-lien repayment position
● High developer equity ratio and low leverage
● Outstanding project refinancing capacity
● Sufficient job creation and completion guarantee
● Project construction has commenced, with a portion of job creation already achieved
● Execution of industry-leading compliance standards ensures high transparency in the supervision and use of EB-5 funds
● Refund guarantee provided by the developer's wholly-owned subsidiary in the event of an I-526 denial
● Prime location with strong market demand
● A strategic partnership between top-tier developer DLJ and Worldway, continuing their collaboration following the Four Seasons Hotel and Resorts project