WASHINGTON, Oct. 18, 2019 (GLOBE NEWSWIRE) — EB5 Capital announced today repayment of its 10th EB-5 project. The cumulative return to EB5 Capital partnerships totals $185 million and represents a successful completion of the initial EB-5 investment cycle for hundreds of investors and their families.
“Reaching 10 repaid EB-5 projects is a major milestone in our nearly 12 years in business,” said Angelique Brunner, EB5 Capital’s CEO. “A long track record of full capital returns is a strong testament to our team’s impressive expertise, professionalism, and passion for selecting sound EB-5 investment opportunities for our clients.”
A project repayment can occur via a sale or a refinance once the project is successfully built and operational. EB5 Capital has seen repayments across an array of asset types, including multi-family, hospitality, senior housing, and office/retail. The majority of these repayments were for projects in Washington, DC and California.
“Milestones such as these inspire our team and hearten our clients who entrust us with their EB-5 process,” said Brian Ostar, EB5 Capital’s Senior Vice President of Global Operations. “As we head into our company’s second decade in business, we will continue to provide our current and future EB-5 investors with superior service through all phases of their investment with EB5 Capital.”
About EB5 Capital
EB5 Capital is a leader in the EB-5 immigrant investor industry, raising over $800 million in foreign capital from investors in more than 60 countries for investment in job-creating real estate projects across the United States. EB5 Capital owns and operates six USCIS-authorized Regional Centers that serve 15 states and the District of Columbia. With a portfolio of 27 projects, EB5 Capital maintains a 100% project approval rate from the USCIS. For more information, visit http://www.eb5capital.com.