Funding

Funding Needed
$123 (Mio)
EB5 Funding
$20 (Mio)
EB-5 Investors
40
Investment Amount
$500,000

Jobs

Job Creation per Investor
25.4
Job Creation (Total)
1015
Category
Construction
Sub-Category
New Multifamily Housing Construction (except For-Sale Builders)

Location

State
Florida
Location
Sarasota

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Artistry Homes Sarasota

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Opened: October 23, 2018

Closed: February 01, 2021

Ongoing project 5 years small

Developer Name
The Kolter Group

Project Description

Project Links

Click Here to Speak With A Broker Dealer About This Project

Highlights

•500 Luxury Home Development in Sarasota, Florida

•EB-5 Job Creation Requirement Already Met for All 40 Investors

Under Construction – 50+ homes and clubhouse have already been built

250% job creation - project creates 2.5xjobs required for the EB-5 program (25jobs per investor)

Low Capital Percentage - EB-5 is only 16% of the total project cost, no minimum number of EB-5 investors are required

I-526 Refund Guarantee - refund guarantee from developer’s parent entity for the repayment of EB-5 investor capital if denied for any reason

Construction Completion Guarantee - guarantee from developer’s parent entity complete construction of the project

Strong, Experienced Developer - The Kolter Group is one of the largest private developers in the USA and has developed more than $12 billion in real estate in the last 25 years

Strong EB-5 Track Record – Artistry Sarasota is the 6th EB-5 project sponsored by The Kolter Group and EB5 Affiliate Network with 100% approval on all projects and investors adjudicated to date.

Artistry Sarasota is being developed by The Kolter Group LLC, a diversified real estate development and investment firm. Artistry Sarasota will use the proceeds of the EB-5 loan to develop a new master planned luxury home community consisting of 500 single family homes and amenity spaces including a clubhouse, pool, fitness center and other amenities.

Renowned for its vibrant culture & arts scene, Sarasota offers many architectural landmarks, restaurants, shops, boutiques, art galleries and theaters to enjoy. For those who love the outdoors, there are beautiful parks, marinas, the sparkling waters of Sarasota Bay, Gulf of Mexico and the #1 beach in the world as ranked by Dr. Beach: Siesta Key. Shop and dine at St. Armand's Circle. Artistry Sarasota’s location offers residents close proximity to the city’s finest dining, high-end shopping, the ocean, local events, and a resurging arts and entertainment district.

Project Timeline

Project is currently under construction with an estimated completion date of 2024.


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