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Merced Station, University of California, Merced Student Housing
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I-526 Petitions Approved By USCIS!
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Project Summary
Project Name:
Merced Station, University of California, Merced Student Housing
Annual ROI:
4.875%
Project Value:
$162,500,000.00
Project Cost:
$110,000,000.00
Project Term:
5-7 Years
Construction Status:
(in % completed):
100%
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Project Stage Definition
Stage 1 - Land Acquired, Entitlements and Permits secured
Stage 2 - EB-5 Fundraising
Stage 3 - Construction begins and EB-5 capital is allocated to job-creating costs
Stage 4 - Construction is complete
Stage 5 - Asset is stabilized with 90%+ occupancy rate
Stage 6 - M&A team approaches buyers
Stage 7 - Asset is sold/refinanced
Stage 8 - Investors receive principal and profits and EB-5 Fund is closed