EB5 Capital Celebrates the Grand Opening of Gateway at Millbrae Station (JF27)

EB5 Capital Celebrates the Grand Opening of Gateway at Millbrae Station (JF27)

Today, EB5 Capital joins Huntington Hotel Group and Republic Urban Properties in celebrating the grand opening of Gateway at Millbrae Station in Millbrae, a city just west of the San Francisco Bay, in San Mateo County, California. Gateway at Millbrae Station is a 17-acre $300 million mixed-use master development containing 400 apartment units and 200,000 square feet of commercial space. In 2020, EB5 Capital provided a $36 million preferred equity investment in the 164-room Residence Inn by Marriott hotel located on the site.

“We are thrilled to be part of this significant development in Millbrae, adjacent to the San Francisco Airport and Bay Area Rapid Transit (“BART”) station,” said Jon Mullen, EB5 Capital’s Senior Vice President of Investments. “It is a terrific transit-oriented site which is easily accessible to the entire Bay Area, making it a key location for a hotel.” A sufficient number of jobs have been created through the project’s development to satisfy the permanent residency requirement for all the EB-5 investors who invested in the project.

The Residence Inn at Gateway at Millbrae Station is one of EB5 Capital’s eight projects in the state of California and one of six partnerships structured with Huntington Hotel Group. The hotel welcomed its first guests in February of this year, and today’s grand opening represents a major milestone in EB5 Capital’s growing portfolio of over 30 completed EB-5 projects across the country.


Securities Disclaimer

This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. EB5Projects.com LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.