Funding

Funding Needed
$173 (Mio)
EB5 Funding
$10 (Mio)
Amount Subscribed
$173 (Mio)
EB-5 Investors
20
Investment Amount
$500,000
Subscription Fee
35,000

Jobs

Job Creation per Investor
49.5
Job Creation (Total)
990
Category
Healthcare and Social Assistance
Sub-Category
General Medical and Surgical Hospitals

Investment

Structure
Loan
Amount of EB-5 investors anticipated for this phase?
20
Expected Maturity
5 years
Expected Return
1% to investor
Principal equity in project?
Yes

Immigration

Does this project have approved I-526's?
Yes
Does this Regional Center have approved I-526's?
Yes
Does this Regional Center have approved I-829's?
Yes

Location

State
New York
Location
875 Ellicott Street, Buffalo, NY

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Gates Vascular Institute


Developer Name
Kaleida Health

Project Description

The Gates Vascular Institute (“GVI”) is a $173 million, state-of-the-art medical facility on the Buffalo Niagara Medical Campus near downtown Buffalo, New York.  The GVI boasts a combination of the finest researchers, surgeons, physicians, and other clinicians devoted to the study, treatment and prevention of cardiac, stroke and vascular diseases and celebrated its grand opening in May of 2012. To date, all I-526 petitions and I-829 petitions have been approved and EB-5 investors are being repaid their $500,000 investment.

Regional Center

EB-5 New York State

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