3Invest, Houston EB5 partner on hotel, residence development

Real estate advisory company, 3Invest Limited, has announced a partnership with United States-based Houston EB5 to raise capital for the development of the Thompson Hotel and Residences in San Antonio, Houston, Texas.

According to a statement by the Chief Operating Officer, 3Invest, Ms. Ruth Obih, Houston EB5 is a real estate investment company offering potential investors the opportunity of investing in developments in Houston, Texas.

“The Thompson Hotel and Residences positions itself as the premier luxury boutique hotel in San Antonio. Consisting of 20 stories, the 170-guestroom and 56-residence hotel will feature 15,000 square feet of riverfront meeting space and a Skybar Club, providing sweeping views of the city.

“Designed to meet and compliment the needs of the San Antonio market, the Thompson San Antonio Hotel gives way to unrivalled elegance and comfort,” she stated.

Obih said that in addition to the prospect of a good return on investment on the project, investors would qualify for permanent residency in the United States through the EB-5 programme.

She said, “The EB5 investment programme is administered by the US Citizenship and Immigration Services under the Department of Homeland Security.

“It allows investors who make a qualified investment to fast-track permanent legal residency in the United States for themselves and their immediate families without the usual roadblocks or red tape associated with the immigration process.

“Houston EB5 boasts a 100 per cent success rate on Green Card approvals and because of this success, they have now completed their third raise of $13m for Marlowe, a luxury residential tower in downtown Houston.”

http://www.punchng.com/3invest-houston-eb5-partner-hotel-residence-development/

Mentions

• Houston EB 5 Regional Center (former name DC Partners Regional Center)
• U.S. Citizenship and Immigration Services

States

• Texas