Atlantic American announces Dania Pointe
Atlantic American Partners is excited to announce its 30th EB-5 project. The Residences at Dania Pointe is the first phase of multifamily residential apartments within South Florida’s newest “Work, Shop, Live, Play” mixed-use community - Dania Pointe - located in the Ft. Lauderdale suburb of Dania Beach, Florida. The Residences at Dania Pointe will offer 264 class “A” rental apartment units situated around a central courtyard with a clubhouse, swimming pool, fitness center and yoga studio. Dania Pointe will be a 102-acre mixed-use development that will offer 1,000,000 square feet of premium retail and restaurant space, 500,000 square feet of class “A” office space, two hotels (300 hotel rooms), 1,000 class “A” rental apartments, luxury condominiums and public park space. With 1,600 linear feet of frontage on I-95 and immediate proximity to the Fort Lauderdale International Airport, Port Everglades Cruise Ship Port, Dania Pointe’s sophisticated mix of shop, work, live, play and stay options will make it Broward County’s preeminent lifestyle destination. Learn more about Dania Pointe here.
The Residences at Dania Pointe will be the first asset within Atlantic American Fortune Fund III, LP (AAFF III), which opened to investors in March of 2018 and will raise up to $50,000,000 from 100 EB-5 investors. AAFF III will invest in a diversified portfolio of projects, which will be 100% owned by the Fund’s limited partners (the EB-5 investors). Investors’ return of capital, and profits, will come from the entire portfolio of assets (estimated between 3 and 4), thereby diversifying investment risk.
About Atlantic American Partners
As an extension of a 45-year-old investment bank and private equity firm, Atlantic American Partners leverages its experience of managing capital for institutional investors (banks, insurance companies, and pension funds) to provide a more professional and institutional quality EB-5 investment. We are not developers trying to raise money for our own projects. We are a team of real estate investors and asset managers who source only the highest quality opportunities from some of the best developers in the country and then negotiate terms that benefit our investors, not the project sponsors.
Since 2009, we have successfully completed 29 EB-5 projects through 11 EB-5 offerings – investing over $275 million of EB-5 capital and helping more than 550 EB-5 families with their immigration process. In our 9 years of sponsoring EB-5 projects, we have received 100% I-526 project approvals (conditional green cards), 100% I-829 approvals (permanent green cards) and have returned capital and profits on multiple EB-5 offerings. Learn more about Atlantic American Partners here.
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