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Not Verified Project

Funding

Funding Needed
$4.5 (Mio)
EB5 Funding
$4.5 (Mio)
EB-5 Investors
9
Investment Amount
$500,000

Jobs

Job Creation per Investor
11.0
Job Creation (Total)
99
Category
Healthcare and Social Assistance
Sub-Category
Assisted Living Facilities for the Elderly

Location

State
Florida
Location
Fort Myers

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Last Update: February 04, 2016 02:22 AM

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Southern Oaks Assisted Living Facility


Developer Name
Southern Oaks Senior Living Care, LLC

Project Description

Southern Oaks Senior Living Care, LLC is a startup Florida Limited Liability company formed to provide seniors with healthcare services and daily assistance ranging from basic supervision to full-time care for residents with Alzheimer's and Dementia. With Florida's growing elderly population coupled with a challenging economy, the demand for assisted living facilities that provide less intensive care with low cost structure is increasing rapidly.

USEDLC approved and funded the loan for Southern Oaks Senior Living Care in August 2014. The fund was used to build a 60-unit, 115-bed assisted living facility on a 4.29 acre land located in Fort Myers, Florida.


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