RENAISSANCE VILLAGE MURRIETA NURSING HOME PROJECT

EB-5 Projects

PROJECT OVERVIEW

The project is designed to meet the increasing needs of the city and surrounding communities for elderly care services. The project includes luxury categories such as rooms, restaurants, swimming pools, parks, libraries, entertainment areas.

Project Details

  • Total investment amount: US $31.9 million
  • Investor: Continental East Development (CED)
  • Loan from EB-5: US $13 million, equivalent to 26 investment slots
  • Number of jobs to be created: 439
  • Investment capital: US $500,000 per slot
  • Project management fee: US $49,000
  • Payback period: 5 years
  • Interest rate: 0.5% per year
  • Commencement: Quarter 4 2014
  • Completion: Quarter 3 2015
  • Project Location: Murrieta, California (144 km from Los Angeles, 93 km from Disneyland, 102 km from San Diego)

 Advantages of the project:

  • The investor of the project is a professional specializing in the construction and operation of high-grade nursing homes in the United States.
  • The project was built on the successful model of many similar projects which have been in operation.
  • The project has a high rate of success and an apparent payback structure.
  • The project attracts great concern of the Government and the support of the community.
  • The project is located in a focal point with the most comfortable climate in the US where the demand for nursing homes is very high.
  • The project created more new jobs than the USCIS regulation requirement.

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