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Arundel Capital Partners
New York City-based private equity investment firm Arundel Capital Partners received United States Citizenship and Immigration Services (“USCIS”) approval to operate a private sector EB-5 regional investment center, geographically focused on Boston, Massachusetts. The initial $125 million in “shovel-ready” commercial real estate development projects sponsored by Silvermine Development Partners, and submitted to the USCIS, include investments which Arundel’s econometric models forecast will create 623 jobs in Boston. Arundel is financing these projects from private funding sources, a portion of which comes from EB-5 visa economic immigrants.
Is the Regional Center a Public Agency, Government Entity or a Public/Private Partnership (EDC/EDA) affiliated or associated with one?No
Designation
NAICS Codes
- Construction / Commercial and Institutional Building Construction / 236220
- Real Estate and Rental and Leasing / Lessors of Nonresidential Buildings (except Miniwarehouses) / 531120
Designation Letter - Download
Regional Center EB-5 Quick Facts
Number of Approved I-526: N/A
Number of Approved I-829: N/A
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