Washington, DC – EB5 Capital announced today that multiple I-526 approvals have been received by investors in its project, Highline Union Market, in Washington, DC.
“Achieving I-526 approvals is extremely rewarding for our investors,” said Gustavo Marchesini, Investor Relations Manager. “We are thrilled to continue to see our EB-5 projects receive I-526 petition approvals.”
Highline Union Market is a $27.5 million preferred equity investment in Level 2 Development, FCP, and Clark Enterprises’ construction of a 318-unit luxury apartment building with approximately 10,000 square feet of ground-floor retail space. The Highline is one of five EB5 Capital projects in the immediate vicinity located in the growing NoMa/Union Market neighborhoods of Washington, DC. The project will provide necessary housing for the fastest-developing section of the District and is expected to create more than 760 EB-5 qualifying jobs.
“Our investors place a great deal of trust in our ability to help them achieve permanent residency in the United States,” said Andrea Devis Focke, Investor Relations Manager. “Reaching an I-526 approval is an important step and we look forward to working with our clients through the completion of their EB-5 investment cycle.”
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About EB5 Capital
EB5 Capital is a leader in the EB-5 immigrant investor industry, raising foreign capital from investors in more than 55 countries for investment in job-creating real estate projects across the United States. EB5 Capital owns and operates six USCIS-authorized Regional Centers that serve 15 states and the District of Columbia. With a portfolio of 25 projects, EB5 Capital maintains a 100% project approval rate from the USCIS. For more information, visit http://www.eb5capital.com.