Funding Needed
$15 (Mio)
EB5 Funding
$15 (Mio)
EB-5 Investors
Investment Amount


Job Creation per Investor
Job Creation (Total)
Healthcare and Social Assistance
Assisted Living Facilities for the Elderly



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Viji Durga

Last Update: June 11, 2015 02:29 AM

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Elgin Memory Care, LLC

Project Description

1. Project Overview
Elgin Memory Care, LLC (“EMC”) is in the final construction approval phase with the City of Elgin, Illinois. At the moment land for facility is currently under development, with opening project in March 2015. EMC is fully subscribed and the total estimated capitalization is $15 million. The project is expecting to create more than 270 jobs including the full time jobs after opening and also jobs throughout the construction development. EMC offers about 80 units of assisted living and memory care, for a casual lifestyle 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 that will engage your intellect and curiosity
 Access to paved walking paths within the planned neighborhood of West Point Gardens
 Gardening areas to natural flora and fauna
 24-hour licensed care staff

3. Project Highlights
 Fully subscribed
 Land for facility is currently under development in City of Elgin, Illinois
 Estimated total units: 80
 Total Project Capitalization: $15M
 Approximate square footage: 76,000
 Estimated opening date: March 2015
 New jobs expected to be created: 270+


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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. 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.