Company Overview - EB5 Capital is a leading firm in the EB-5 Visa Program, headquartered in Washington, DC, with a distinguished track record and leadership in the industry [2] - The company has raised over $1 billion of foreign capital across approximately 40 EB-5 projects, attracting investors from over 75 countries [2] - 100% of investors' funds are protected by the Federal Deposit Insurance Corporation (FDIC) insurance prior to deployment into projects [2] Project Milestone - EB5 Capital received the first I-526E approval for its Addison Row (JF32) project, marking a significant milestone in the EB-5 immigration process [1][3] - The approved petition was filed in November 2022 and was pending for 25.6 months [3] - Additional I-526E petition adjudications for the Addison Row project are expected in the near future [1] Addison Row (JF32) Project Details - Addison Row is a 327-unit apartment building in Capitol Heights, Maryland, completed in 2024 with a total development cost of $105.6 million [4] - The project features nearly 400,000 gross square feet, including amenities such as a clubhouse, fitness center, swimming pool, picnic area, dog park, and approximately 500 parking spaces [4] - EB5 Capital raised foreign capital from 52 investors, representing a variety of nationalities, to finance a portion of the capital stack [4]
Foreign Investors in Addison Row (JF32) Project Obtain Conditional Green Card Approvals
Globenewswire·2025-01-14 23:01