Live In America EB-5 Newsletter
Coming Soon: Live In America’s Latest EB-5 Opportunity
Tapestry by Hilton Hotels, Melbourne Florida
Live In America EB-5 is pleased to announce the pre-marketing of its newest EB-5 investment with a return expected to reach above 10% per year. We are seeking 25 EB-5 investors to provide $12,500,000 in equity capital for the development and ownership of a to be built Tapestry Hotel by Hilton in Downtown Melbourne, Florida.
This opportunity allows the investors to earn both current cash returns and back-end capital appreciation, while still obtaining the EB-5 immigration benefits Live In America EB-5 has provided to over 1,000 immigrant investors.
The General Market
Melbourne is located in the heart of Florida’s Space Coast. The Space Coast is known for being the birthplace of space exploration and has developed into an area that supports some of the highest concentration of engineers, aerospace companies and high-tech manufacturing jobs in the country.
With the increase in U.S. defense spending and the emergence of the private space industry, companies like Northrop Grumman, Blue Origin, Lockheed Martin, SpaceX, and Embraer have started to expand their footprint and have selected Melbourne as an ideal location given the city’s low cost and business-friendly environment.
The expansion of these firms, among others, has bolstered the local economy and placed the Melbourne MSA in the top 10th percentile for total payrolls and real GDP growth since 2014, with 6% for both economic metrics. The already strong economy coupled with more than 5,000 high tech and high-wage jobs, $1 billion in new investment, and 2 million SF of new facilities make Melbourne one of the most compelling growth markets in the US.
Strong Hotel Market
The Melbourne hotel market achieved 82% occupancy in 2016 and had the highest RevPAR growth of any market in the country. In 2017, the market saw Year over Year gains in occupancy until August when Hurricane Irma struck. 2018 occupancy has already shown improvements to the levels achieved in the first part of 2017. With a demand CAGR of 3.6% from 2009 to 2017, the market has shown extreme resilience and has established a strong upward trend.
The Tapestry Melbourne is located in the heart of the historic downtown, within walking distance of Melbourne’s most popular restaurants, bars, and shops. With a 4,900 SF rooftop lounge that will offer views of the ocean and a three-story parking garage, the Tapestry will be a lucrative addition to a bustling downtown area.
Tapestry is a new brand from Hilton designed to maintain an independent character. The focus on design and quality will create a distinct experience in a market where the competitors are traditional hotels with an average age of 25 years.
The city of Melbourne has provided an attractive incentive package that includes an inexpensive $2 million subordinated loan, favorable land acquisition costs, and a Tax Increment Reimbursement.
Barriers to Entry
Any future hotel development in the area will require the construction of a new parking garage to meet zoning regulations; this will likely make other hotel projects unfeasible for the foreseeable future.
Our Hospitality Expertise
Live In America EB-5’s parent company, The LCP Group is a fully integrated investment advisory firm specializing in hospitality investments. LCP has been acquiring, syndicating and overseeing major real estate properties across the U.S. since 1974. Sourced and closed in excess of $10 billion in the aggregate of real estate acquisition and finance related transactions.LCP has experience in several facets of real estate including current investments in Lexington Realty Trust (LXP), a NYSE publicly traded real estate investment trust, Crescent Hotels & Resorts, LLC, the third largest independent hotel manager in the U.S., and Live In America EB-5.
If you are interested in reserving an investment slot or to learn more, please contact us at:
The information contained in this document is confidential information regarding one or more potential EB-5 Investment Opportunities that may be sponsored by affiliates of Live In America Financial Services LLC. This document is being delivered to a limited number of sophisticated prospective investors to assist them in determining whether they have an interest in the type of investment described herein and is solely for their internal use. This document is confidential and may not be reproduced or distributed without the express written consent of affiliates of Live In America Financial Services LLC.
This document does not constitute an offer to sell or the solicitation of an offer to purchase any securities. Any such offer or solicitation may only be made by means of delivery of a Confidential Private Placement Memorandum (the “Memorandum”), which will contain material information not included herein. The information contained herein is not complete, is subject to material changesand, if an offering of the EB-5 Investment Opportunity is made, will be superseded by the Memorandum in its entirety. Any decision to invest in the EB-5 Investment Opportunity described herein should be made after reviewing the Memorandum, conducting such investigations as you deem necessary or appropriate and consulting your own legal, accounting, tax and other advisors in order to make an independent determination of the suitability, merits and consequences of investment in the EB-5 Investment Opportunity described herein.
ANY OFFERING OF THE EB-5 INVESTMENT OPPORTUNITY DESCRIBED HEREIN WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED, OR ANY APPLICABLE STATE SECURITIES LAWS, AND WILL BE SOLD IN RELIANCE ON EXEMPTIONS FROM SUCH REGISTRATION REQUIREMENTS. THE SECURITIES WILL BE SUBJECT TO RESTRICTIONS ON TRANSFERABILITY AND RESALE AND WILL NOT BE ABLE TO BE TRANSFERRED OR RESOLD EXCEPT AS PERMITTED UNDER FEDERAL SECURITIES LAWS AND APPLICABLE STATE SECURITIES LAWS PURSUANT TO REGISTRATION OR EXEMPTION THEREFROM.
The EB-5 Regional Center Program is Set to Expire on September 30, 2018
On March 23, 2018, Congress passed, and President Trump signed, the Consolidated Appropriations Act 2018 which extended the EB-5 Regional Center Program under current rules through September 30, 2018. The current law allows the minimum investment amount to remain at USD $500,000 for projects located in Targeted Employment Areas (TEA).
Most recently, on June 19, 2018, the Senate Judiciary Committee held a full committee hearing about the EB-5 Investor Visa Program at the Dirksen Senate Office Building. Chairman Chuck Grassley presided with USCIS Director L. Francis Cissna as the sole witness. The EB-5 Regional Center Program is set to expire on September 30 of this year, and several members of the Committee want reforms enacted for continued reauthorization.
Among the proposed changes, which will affect all future EB-5 investors once the rules become effective, are new minimum investment amounts and targeted employment areas (TEA) definitions. (The new rule proposed $1,800,000 for a non-TEA and $1,350,000 for a TEA.) The Department of Homeland Security can make changes through regulatory action before September even without new legislation but is not expected to.
Currently, no reform legislation is proposed in Congress and the September 30, 2018 deadline for the program looms. EB-5 investors are urged to invest and apply for EB-5 immigration benefits prior to the current expiration date of September 30, 2018, given the uncertainty of an extension.
Live In America EB-5 can help investors move through the process quickly and offers USCIS approved regional center projects at the lowest investment level of $500,000.
To learn more about how to capitalize on an EB-5 opportunity before the program expires, please contact us at:
Live In America EB-5 attends the EB5 Investors Magazine 2018 Los Angeles EB-5 Convention on July 23-24th, 2018
The Live In America EB-5 team attended the annual EB-5 convention hosted by EB5 Investors Magazine in Los Angeles, California on July 23rd and 24th.
Pictured above (from left to right) are Richard Marquard, Executive Vice President, Keith Thomas, Vice President – Asia Markets, and Adam Greene, President of Live In America EB-5.
Formed in 2012, EB5 Investors Magazine is an online portal, conference series, and magazine devoted to helping investors, developers & all EB-5 professionals. EB5 Investors Magazine hosts EB-5 industry conferences domestically in various cities including Southern California, Las Vegas, and New York City, and internationally in cities such as Shanghai, Shenzhen, and Ho Chi Minh City. These conferences feature professional speakers who discuss a wide-range of EB-5 issues aimed to educate beginner and advanced level industry participants.
The event was held at the Westin Bonaventure in downtown Los Angeles. Live In America EB-5 President, Adam Greene was a featured speaker at the event.
This two-day educational, networking event hosted a gathering of broker-dealers, developers, immigration and securities attorneys, migration agents, regional centers and other EB-5 program stakeholders.
Interested in learning more about an EB-5 green card and Live In America EB-5’s current investment opportunities? Please contact us at: