Regional Center was viewed 1233 times (total).
American Pathway Regional Center
In April 2014, the United States Citizenship and Immigration Services (“USCIS”) approved today American Pathway Regional Center, LLC (“APRC”) as a qualifying participant in the Immigrant Investor Program. APRC is a joint venture between Philadelphia Private Capital, LLC and John R. Noonan. The new EB-5 regional center will focus on promoting economic growth and job creation in Philadelphia, Montgomery and Chester Counties through capital investment opportunities. The industry clusters initially approved by USCIS include traveler accommodation, restaurants and food services, office supplies, stationary and gift stores and dry cleaning and laundry services. The EB-5 Program is administered by USCIS and provides opportunities for qualified foreign nationals to achieve permanent legal residency status in the U.S. through an investment in a USCIS approved project that will generate at least 10 full-time jobs per investor. EB-5 regional centers are pre-approved entities that allow EB-5 investors to pool their money together for job creating ventures in the United States. APRC will be led by Philadelphia finance and real estate veteran, Robert A.C. Jacoby, who will serve as President and Chief Executive Officer. Mr. Jacoby is also the Managing Partner of Philadelphia Private Capital, LLC which serves as the Philadelphia office of U.S. Realty Capital, LLC. He has over 30 years experience in commercial real estate finance, banking and asset management. John R. Noonan will serve as Chairman of APRC and has over 40 years experience in commercial real estate development and construction management. Mr. Noonan’s emphasis has been on highly visible ventures involving urban high-rises, mixed-use, residential and hospitality projects.Is the Regional Center a Public Agency, Government Entity or a Public/Private Partnership (EDC/EDA) affiliated or associated with one?
Regional Center EB-5 Quick Facts
Number of Approved I-526: N/A
Number of Approved I-829: N/A
This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.