Funding

Funding Needed
$25 (Mio)
EB5 Funding
$9 (Mio)
EB-5 Investors
18
Investment Amount
$500,000

Jobs

Job Creation per Investor
14.2
Job Creation (Total)
256
Category
Healthcare and Social Assistance
Sub-Category
Assisted Living Facilities for the Elderly

Location

State
Georgia
Location
Atlanta

1 follower

Viji Durga

Last Update: February 04, 2015 01:01 PM

Your Project was viewed 13 times (totally).

For the last 7 days 0 times.

Atlanta-area Senior Living, twin projects in near Atlanta, Georgia (Smyrna & Canton, GA)


Developer Name
Provident Group

Project Description

ASLD, LP is funding the development of two senior living complexes in suburban Atlanta – Creekside Village in Smyra and Canton Cove in Canton, Georgia. Both areas were certified as TEA’s and are within the geographic area of Southeast Foreign Investment Center, a USCIS-designated EB-5 regional center. ASLD’s EB-5 investors have provided $9,000,000 in funding for a development totaling over $25,000,000. The facilities are being co-developed by the Provident Group, a large owner-operator of nursing homes, and they will manage it upon completion. These projects involve the new construction of both buildings and a total of 256 jobs will be created. EB-5 investor petitions were filed between April and September, 2014 on behalf of investors from China, Burkina Faso, Iran, Egypt, and India. Construction on the project is, in fact, already underway as investor petitions are being adjudicated.


Securities Disclaimer

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.