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Verified Project

Funding

Funding Needed
$61.5 (Mio)
EB5 Funding
$14 (Mio)
EB-5 Investors
28
Investment Amount
$500,000
Subscription Fee
50,000
Discount Fee
0

Jobs

Job Creation per Investor
15.0
Job Creation (Total)
419
Category
Real Estate and Rental and Leasing
Sub-Category
Lessors of Residential Buildings and Dwellings

Investment

Structure
Equity
Expected Maturity
66 months
Principal equity in project?
Yes

Immigration

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

Location

State
Florida
Location
Orlando, Florida

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AAFF II – Ecco on Orange

Verified Project Crowd check verified seal small Impactdatasource verification logo small

Opened: June 13, 2017

Closed: April 19, 2018


Developer Name
LeCessee Development Group

Project Description

Ecco on Orange (or the "Project") is the third of four assets within Atlantic American Fortune Fund II, LP (AAFF II), which is now closed to new investors.  The Project will consist of a single building (serviced by elevators), built around a 527-space six-story parking garage that will feature a rooftop pool, fitness center and amenity area. Ecco on Orange will also contain an expansive multi-level clubhouse, complete with a cyber café, virtual golf and resident lounge. The design of the building provides for two interior courtyards that will feature extensive landscaping, community gathering areas and amenities. The Project’s 300 units will include a combination of 1-bedroom, 2-bedroom and 3-bedroom apartments with an average size of 915 square feet.

The Project will be centered around the development of 3.7 acres located just south of downtown Orlando, Florida with exceptional connectivity to all of the major arterial highways, which will provide tenants with easy access to employment, retail, entertainment and dining options.

For information about our currently open EB-5 investment opportunities, please contact us at info@atlanticamericanpartners.com.

 

 

Project Timeline

Construction on the Project began in April 2018 and is expected to take 20 months.


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