Funding

Funding Needed
$13 (Mio)
EB5 Funding
$1 (Mio)
EB-5 Investors
2
Investment Amount
$500,000

Jobs

Job Creation per Investor
100.0
Job Creation (Total)
200+
Category
Healthcare and Social Assistance
Sub-Category
Assisted Living Facilities for the Elderly

Location

State
Illinois
Location
Illinois

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Viji Durga

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Aurora Memory Care, LLC


Project Description

1. Project Overview
After first obtaining a building permit in December 2013, Aurora Memory Care, LLC (“AMC”) completed the development and improvement of the site in the city of Aurora, Illinois. At the moment project is under construction, but the estimated opening date of the facility is March, 2015. AMC project is fully subscribed and the total estimated capitalization is $13 million.
AMC is anticipating to create more than 200 jobs including direct, indirect and induced jobs by 2017. These include nurses, aides, other medical and personal care providers, physical therapy specialists and administrators, but more importantly, people who care about seniors. With about 60 units of assisted living and memory care, AMC provides premiere lifestyle services with exceptional health care services.

2. Community Amenities
 Units with spacious floor plans
 Chef-prepared meals focusing on nutrition as well as presentation
 Lounges, sitting areas, and gathering spaces
 Library ready to engage your intellect and curiosity
 Access to paved walking paths on the Fox River
 Gardening areas to natural flora and fauna
 24-hour licensed care staff

3. Project Highlights
 Fully subscribed
 Facility is currently under construction in City of Aurora, Illinois
 Total Project Capitalization: $13M
 Estimated total units: 60
 Approximate square footage: 53,400
 Estimated opening date: March 2015
 New Jobs expected to be created: 200+

Project Timeline

March 2015


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