- Funding Needed
- $24 (Mio)
- EB5 Funding
- $14 (Mio)
- EB-5 Investors
- Investment Amount
- Subscription Fee
- Discount Fee
- Job Creation per Investor
- Job Creation (Total)
- Healthcare and Social Assistance
- Assisted Living Facilities for the Elderly
- Amount of EB-5 investors anticipated for this phase?
- Expected Maturity
- 5 Years
- Expected Return
- 0.5% APR (Not Guaranteed)
- Does this project have approved I-526's?
- Does this Regional Center have approved I-526's?
- Does this Regional Center have approved I-829's?
- Proposed site is in western Hillsborough County, Florida. MALF may pursue other areas in this region or in Florida.
- Last Update: December 08, 2015 01:14 AM
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Maple Assisted Living EB-5 Fund, LLC
- Developer Name
- Bright Oaks Group, Inc. (please confirm)
Maple ALF, Inc. (“MALF”) is a Florida-based C-Corporation that has been formed for the purpose of developing and operating a senior living facility, to be named Maple Memory Care, which will provide 64 assisted living units and 50 memory care units for elderly patients suffering from Alzheimer’s and other memory related illnesses. MALF has targeted a site in Hillsborough County, FL for the facility which will have a total of 114 units with a total projected initial capital investment of $24,000,000.
The timeline for developing, constructing, and preparing the facility to commence operations is currently estimated to take 24 months. This may change depending on the availability and securing of project capital. MALF is currently working to finalize the architecture and engineering firms that will develop the initial site plan and the final design of the facility.
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