$750 Million Assisted Living Project Using EB-5 Funding

EB-5 investors will be providing one-third of the $750 million capital stack that will be used to develop a 25 new senior communities operated by SummerPlace Assisted Living & Memory Care in California, Arizona, Florida, Illinois, Texas and the Carolinas.
Ground was broken in July 2014 for the first of the communities in the western foothills of the Sierra Nevada about half-an-hour east of Sacramento. The $26 million community is scheduled to open in 2016 and will provide 228 beds and more than 135 new jobs. A joint venture between FCM Captial Partners and PDC Capital Group is arranging the funding and is expecting to use about $10 million in EB-5 funding for each individual project. The current project is the first of three planned phases that will ultimately create a total of 75 such communities across the country. Each project is unique in size, scope and design.
To learn more about how to put the EB-5 investment visa program to work for you, contact Dr. Gregory Finkelson at American Corporate Services or call 415-682-2550.