- Funding Needed
- $8 (Mio)
- EB5 Funding
- $8 (Mio)
- Amount Subscribed
- $8 (Mio)
- EB-5 Investors
- 16
- Investment Amount
- $500,000
- Job Creation per Investor
- 18.9
- Job Creation (Total)
- 302
- Category
- Accommodation and Food Services
- Sub-Category
- Hotels (except Casino Hotels) and Motels
- State
- Florida
- Location
- 10801 International Dr., Orlando, Florida
- Last Update: April 22, 2018 12:11 PM
Funding
Jobs
Location
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AAOF IV - Marriott TownePlace Suites SeaWorld
- Developer Name
- Mandala Holdings
Project Description
Marriott TownePlace Suites SeaWorld (or the "Project") was the third of four assets within Atlantic American Opportunities Fund IV, LP (AAOF IV), which is now closed to new investors.
Whether it's a trip for families, couples, single travelers or friends, guests will enjoy a convenient local near Orlando’s best attractions and parks. Located beside the entrance of SeaWorld® Orlando, our new 188-room TownePlace Suites by Marriott is ideal for every traveler alike. Balanced with soothing coastal elements & tropical accents, guests can work & relax in tranquil suites featuring full kitchens with stainless steel appliances & granite countertops. Log into Netflix, Hulu, Youtube or Pandora right from our guest room smart TVs. Fuel up for a day of excitement at SeaWorld® Orlando, Walt Disney World® & Universal Orlando Resort™ with a free hot breakfast. Relax with friends & family at our poolside Aquatic Bar & Grill or cool off in our refreshing resort-style, zero-entry pool. Located near Orange County Convention Center, we offer an environment that inspires & motivates. Our I-Drive hotel boasts flexible meeting space that can accommodate up to 170 people. Sit back, relax and stay a while.
For information on our current EB-5 investment options, please contact us at info@atlanticamericanpartners.com.
Reports
AAOF IV - Marriott TownePlace Suites SeaWorld: Map
10801 International Dr., Orlando, Florida
AAOF IV - Marriott TownePlace Suites SeaWorld: Contact Information
AAOF IV - Marriott TownePlace Suites SeaWorld: Investments
- Reg. D?
- No
- Reg. S?
- No
- Does the investor need to be accredited to invest?
- No
- Are returns paid on the investment prior to maturity?
- No
- Have all of the permits and permissions for project development been obtained?
- No
- Is there any patented intellectual property essential to this project?
- No
AAOF IV - Marriott TownePlace Suites SeaWorld: Fees
- Do potential investors need to pay a fee to obtain the operating documents, PPM or other subscription documents?
- No
- If Yes, Is that refundable in the event the investor decides not to invest?
- No
- Does that include the processing of the I-526, I-829 or any other legal fees associated with the immigration application?
- No
- If there is no finder or agent, would you reimburse that fee to the investor?
- No
- Do you pay finder’s fees to attorneys?
- No
- Do you pay fees to unlicensed broker’s or agents?
- No
AAOF IV - Marriott TownePlace Suites SeaWorld: Risks
AAOF IV - Marriott TownePlace Suites SeaWorld: Structure
- Has the Principal invested their own equity in the project?
- No
- Is collateral on the investment or loan provided?
- No
AAOF IV - Marriott TownePlace Suites SeaWorld: EB-5
- Is this a loan?
- No
- Does this project have approved I-526's?
- No
- Does this project have approved I-829's?
- No
- Does this Regional Center have approved I-526's?
- No
- Does this Regional Center have approved I-829's?
- No
- Is any of the subscription fee refundable in the event of a denial of the I-526 by USCIS?
- No
- Are non EB-5 investor’s allowed to participate?
- No
Project Exemplar Approval
- Does this Project have Exemplar Approval?
- No
- Date of Exemplar Approval:
Requests for Evidence
- Does this Project have Exemplar Approval?
- No
I-526
I-829
This data was last updated on:June 08, 2016 02:27 PM
AAOF IV - Marriott TownePlace Suites SeaWorld: EB-5
- Has this project been the subject of a USCIS/SEC/FBI/DOJ/AAO Review, Notice, Investigation or Action
- No
This data was last updated on:June 08, 2016 02:27 PM
AAOF IV - Marriott TownePlace Suites SeaWorld: Job Creation
- Is Regional Center located within a Targeted Employment Area (TEA)?
- Yes
- Is this a Public / Private partnership?
- No
- Job creation methodology
- RIMS II
- Does the job creation rely on direct jobs, capital expenditure, or a combination?
- Combination
- How many jobs are expected to be created in total? (Direct)
- 89
- How many jobs are expected to be created in total? (Indirect & Induced)
- 213
- How many jobs are expected to be created in per investor? (Direct)
- 5
- How many jobs are expected to be created in per investor? (Indirect & Induced)
- 13
- How are jobs allocated to the pool of investors?
- First In First Out, based on time of I-829 filing.
- Can you describe the job creation model? For instance, is it based on capital injection, or on a direct job creation and indirect job multiplier, or other?
- Direct jobs from operations and eligible construction spend, and Indirect / Induced jobs from hard construction costs, architectural & engineering and operations.
AAOF IV - Marriott TownePlace Suites SeaWorld: Reporting
- Do you offer periodic reports to investors on the status of the investment?
- Yes
- If so, what is the frequency of these reports?
- Quarterly
- Are these reports produced by you, or by an independent third party such as a auditing or accounting firm?
- Yes
- If performed by a third party firm, can you please provide details of the scope of the audit and what the report released entails?
- quarterly reports prepared by issuer and year end financials audited by a third party CPA (Frazier Deeter).
- Do you have a third party firm that performs employee payroll & HR record keeping services for the project?
- No
- Do you have a third party firm that performs I-9 verification?
- No
- If No, do you perform I-9 verification of the employees?
- No
- Would you have any objection to an accounting or law firm performing an audit on the payroll, employment or financial records of the project?
- No
- If you lease space in your facility to third party firms, are they willing to allow an audit of their employment records for the purposes of verifying employment?
- No
AAOF IV - Marriott TownePlace Suites SeaWorld: Media
AAOF IV - Marriott TownePlace Suites SeaWorld : Escrow
- Details not available
Project: Videos
Regional Center
Team
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