Berkeley Student Housing
Project nears completion with EB-5 jobs already created
The Berkeley Student Housing project is on schedule for a timely completion in late summer 2024, coinciding with the academic calendar. EB-5 investor capital replaces the developer's bridge financing. Job creation stands at 238 jobs, exceeding the total EB-5 requirements and reducing immigration-related risk. Investors are presented with a repayment plan structured over a 3.5-year period, offering a fixed annual return of 2%. The USCIS has approved two EB-5 investors thus far, confirming the project's adherence to the requirements of the EB-5 program.
Investment Highlights
Visa Set-Aside
Immediately available high unemployment visas
I-526E Processing
Normal
Total EB-5 Raise
$16,000,000
Total Project Cost
$38,820,996
Investment Amount
$800,000
Investment Term
3.5 Years — no extension options
Annual Distributions
2% per year
Jobs Created to Date
238 (all EB-5 jobs created)
Required Jobs
230
Developer Equity
40%
All jobs created
All qualifying jobs have been created for all 23 EB-5 investors.
Two I-526 approvals
Two EB-5 investors have received USCIS I-526 approval.
3.5-year repayment
EB-5 capital repayment is targeted in 3.5 years with no extension options.
Why Invest
Berkeley Student Housing is an attractive $800,000 project in a prime location for investors interested in high-unemployment-area Targeted Employment Area benefits (lower investment amount and reserved visas). As the project is nearing completion, it also provides peace of mind for investors who want to see development progress and know that their investment should be generating income very soon. And its 3.5-year repayment timeline (with no extension options) benefits investors who don't want their equity tied up in the typical five-year EB-5 investment periods prevalent with many other projects. With two prior I-526 petition approvals, and all the required EB-5 jobs already created, investors in this project can feel confident about their prospects for immigration success.
The epicenter of education
Strategically located near San Francisco and Oakland, Berkeley is more than a university town—it's a nexus of academic excellence and tech innovation. This vibrant city is uniquely positioned to offer the best of both worlds: the academic rigor of UC Berkeley and the entrepreneurial spirit of the Bay Area. A prime spot in California's intellectual and tech corridors.
A solution for Berkeley's student-housing crisis
The University of California, Berkeley, finds itself at the center of a critical student housing crisis—a situation echoed by headlines from Forbes to The Washington Post. As the narrative unfolds, the Berkeley Student Housing project emerges as a beacon of hope, offering a solution that transcends mere accommodation. Our mission is not only to provide a sanctuary for students amidst the scarcity but to also create opportunities for investors to achieve U.S. residency through the EB-5 Immigration Program, fostering a community that grows together.
Ideal proximity to both campus and downtown Berkeley
Situated 15-minute walk from UC Berkeley, our housing project is a student's dream come true. But the location offers more than academic convenience; it's also just steps away from downtown Berkeley, a bustling hub of culture, dining, and entertainment. This dual proximity makes our project an irresistible choice for students seeking a balanced lifestyle. Here, academic and urban life coalesce, creating an investment opportunity as vibrant as Berkeley itself.
From studios to two bedrooms
The diverse range of residences at Berkeley Student Housing is carefully curated to suit every preference—a selection from efficient studios to generous two-bedroom apartments, each designed with the modern student in mind.
Disclaimer
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