Hilton Chicago – Rockford Cityhub Conference Centre Hotel Project (Warren Buffett)

EB-5 Projects


Rockford City summary

  • High-tech manufacturing center of the Midwestern.

  • It takes 45 minutes to go from Chicago by bus. From CityHub to Chicago O-Hare International Airport, it takes 45 minutes by car.
  •  Chicago-Rockford is the hometown of President of the United States Barack Obama.
  • Chicago Rockford International Airport is where UPS operates the second most in North America.
  • Last year, almost 8 million tourists visited Rockford, among them were 3 million sport travelers.


Project Details

Introduction of Berkshire Hathaway and the cooperation with Gorman company:

  • Net worth costs over 561 billion US dollars. 
  • Revenue in 2015 reach 210.8 billion US dollars. 
  • Average growth rate within 50 years doubled compared to S&P index. 
  • The chairman of the Administrative Council and also the Chief Executive Officer: billionaire Warren Buffett – the world’s famous investor and his method of careful “value investment”. 
  •  Hilton Chicago-Rockford CityHub Conference Center is the first EB-5 project of Berkshire Hathaway. 
  •  Berkshire Hathaway has funded 18 million US dollars of capital to CityHub project.
  • This is the fourth time Berkshire Hathaway and Gorman have cooperated.
  • Similar entrepreneur culture: safe, stable and careful investment strategy.

Project’s advantages:

  • This is the first time Berkshire Hathaway (Warren Buffett) has invested in EB-5
  • Gorman Company: Having over 30 years of experience, project completion rate being 100%, having successfully completed a EB-5 project Blue Ribbon beer Hotel.
  • United States Citizenship and Immigration Services (USCIS) has ratified the project, saving time to wait for the form I-526 to be approved of by the investors.
  • Investment capital from EB-5 only accounts for 37% capital structure and gets mortgaged by Hilton Hotel-Conference Center.
  • Over 34 million US dollars’ worth of support from the government.
  • Over 33 million US dollars’ worth of tax support from the government help reducing costs, increasing debt repayment rate.
  • The most secure account from Citibank through ratification I-526.
  • Robert Divine and Michael Evans – Top Economic and Law specialists.
  •  The project has started.


Gorman Company:

  • 100% project completion rate.
  • Zero losses to any investors in Gorman’s projects.
  • Successful EB-5 Blue Ribbon Beer Hotel project.
  • Great teams of company’s own architectures and construction workers who are responsible for strict budget managerment and progress supervision.
  • Over 250 employees with 5 offices.
  • Over 32 years of experience in real estate business.
  • Over 90 thousand complete projects.
  • Managing over 6000 homes and hotels.
  • Gorman Company was proudly awarded with AHF – top 50 Developed Entrepreneur in the States in 2011, 2012, 2013, 2014 and 2015 (ranking 17th in 2015)

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