Funding

Funding Needed
$8 (Mio)
EB5 Funding
$8 (Mio)
Amount Subscribed
$8 (Mio)
EB-5 Investors
16
Investment Amount
$500,000

Jobs

Job Creation per Investor
18.9
Job Creation (Total)
302
Category
Accommodation and Food Services
Sub-Category
Hotels (except Casino Hotels) and Motels

Location

State
Florida
Location
10801 International Dr., Orlando, Florida

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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: 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 : Escrow

Details not available

Project: Videos


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