Funding

Funding Needed
$24 (Mio)
EB5 Funding
$14 (Mio)
EB-5 Investors
28
Investment Amount
$500,000
Subscription Fee
0
Discount Fee
0

Jobs

Job Creation per Investor
15.8
Job Creation (Total)
442
Category
Healthcare and Social Assistance
Sub-Category
Assisted Living Facilities for the Elderly

Investment

Structure
Loan
Amount of EB-5 investors anticipated for this phase?
28
Expected Maturity
5 Years
Expected Return
0.5% APR (Not Guaranteed)

Immigration

Does this project have approved I-526's?
No
Does this Regional Center have approved I-526's?
No
Does this Regional Center have approved I-829's?
No

Location

State
Florida
Location
Proposed site is in western Hillsborough County, Florida. MALF may pursue other areas in this region or in Florida.

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Maple Assisted Living EB-5 Fund, LLC

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Opened: January 01, 2015

Closed: September 15, 2015


Developer Name
Bright Oaks Group, Inc. (please confirm)

Project Description

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.

Project Timeline

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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