**USCIS APPROVED EB-5 PROJECT**
The Merced Station Project has 100% approval rate for the I-526 Petitions.
Merced Station's Highlights:
Merced Station's newest EB-5 offering comes at the most compelling time for the project. Merced Station utilized short-term "bridge" financing to complete the project in 2021 and this EB-5 raise will be used to replace that bridge financing. Merced Station's senior lender will replace the rest of the bridge financing in Q3 of 2022, so the ultimate replacement of the bridge financing is not contingent on EB-5 capital.
Merced Station has created in excess of 700 EB-5 jobs, thereby eliminating EB-5 job creation risk, while offering a secure 4.875% ROI to EB-5 investors, which is paid to investors in quarterly installments immediately. Merced Station is among the safest EB-5 projects on the market due to the recession-resistant demand of the University of California system, which will continue to grow in Merced for many years to come, as well as its proven track record for EB-5 investors pursuing their Green Card.
Merced Station is a 270-unit, 885-bed student-housing development with 6,600 square ft. of retail space targeted to serving the students of University of California, Merced, one of the most prestigious and fastest growing Universities in the United States.
Following the $1.3 billion capital investment made in 2016 called "Merced 2020 Plan", the City of Merced is currently experiencing a severe housing shortage around the University due to the continuous student population increase, which will be helped in part by Merced Station's supply. The project is fully-funded, has completed its vertical construction, is currently operational, and has begun pre-leasing to students for the Fall of 2022 and is expected to be 100% pre-leased.
* In general, the Limited Partner may be eligible for a refund if his or hers' I-526E Petition is denied by the USCIS (and such Limited Partner has made a good faith effort to obtain the approval of the USCIS), the Fund approves the withdrawal of the Limited Partner from the Fund, or the Fund elects to reject a subscriber for any reason. Please see offering documents for more details and eligibility.
There are 1 offering(s) open for this project.