Kindred Resort at Keystone EB-5 Project Reaches New Milestone, Holds “Topping Out” Ceremony

Kindred Resort at Keystone, which recently launched its offering for EB-5 visa investors, is quickly becoming one of the most appealing projects on the EB-5 market.

With significant sales, job creation, and construction progress, Kindred Resort at Keystone continues to prove its financial viability and is advancing steadily toward completion.

The most recent milestone in the project’s development timeline involves the Kindred Resort’s West Tower. This structure will house 62 condominiums.

Topping Out Ceremony For Kindred Resort’s West Tower

“Topping out” ceremonies are a longstanding tradition in the construction industry. These events mark the placement of one of the last or highest beams in a new building.

At the topping out event on October 18, 2023, the ceremonial beam was signed by several professionals involved in the project, including PCL Construction staff, Kindred Resort’s ownership team, and other community stakeholders.

The beam was then hoisted and secured at the top of the West Tower’s top floor.

Over 100 people gathered at River Run Village near Keystone Resort for the topping out. The event brought together community leaders, the owners of Kindred Resort, as well as partners and brokers to mark this significant milestone in the project.

More on Kindred Resort at Keystone

Set in the heart of the Colorado Rockies, Kindred Resort aims to elevate the experience of Keystone’s visitors, offering an array of unprecedented luxury features and customized services.

Upon its expected completion in 2025, the resort will host an upscale hotel managed by Vail Resorts’ luxury brand, RockResort.

Additionally, the resort will offer 95 luxury residences available for purchase, a private club, swimming pools and hot tubs, meeting and event spaces, a spa and salon, retail shops, a ski school, and three new restaurants.

For EB-5 investors, Kindred Resort offers a high level of both immigration and financial security.

Investors can feel confident about getting both a U.S. Green Card and a timely return on their funds.

Why Kindred Resort at Keystone Is a Best-in-Class EB-5 Project

One of the project’s standout features is its secured loan structure, which is uncommon in rural EB-5 projects. Initially, the EB-5 loan is secured through a full equity pledge in the project company, and it will eventually take the form of a senior mortgage once the senior construction loan is paid off and the hotel is completed.

Additionally, the loan is divided into individual tranches of $800,000 per EB-5 investor, and each of these tranches will mature five years after release into the project.

Kindred Resort at Keystone is located in a rural targeted employment area (TEA), making it eligible for a reduced minimum investment requirement of $800,000.

EB-5 investors in this project will also qualify for priority processing for Form I-526E and access to set-aside visas from the rural category. Qualifying for a set-aside visa can help Chinese and Indian investors get their Green Cards years faster than otherwise possible.

Furthermore, Kindred Resort at Keystone has already demonstrated a strong track record in job creation, a crucial factor for EB-5 eligibility. As of September 2023, more than 740 of the required 1,000 jobs have been created, satisfying the EB-5 immigration requirements for the first 74 investors.

For added security, the project offers an I-526E approval refund guarantee for the investors in case their Form I-526E petition is denied.

EB5AN is fully independent of the developer, which eliminates potential conflicts of interest.

The developer group itself brings an impressive history of successful projects worth over $4 billion, including work in the residential, hospitality, and luxury resort sectors.

Lastly, the project has already sold 67% of its condominium units, indicating robust market demand and providing revenue to offset development costs. Each buyer makes a nonrefundable deposit of 20% of the sales cost.

Learn More About This Unique EB-5 Project

Kindred Resort at Keystone offers a high level of security for EB-5 investors, making it an ideal way to get U.S. Green Cards for yourself and your family.

We invite you to schedule a free consultation with EB5AN or send an email to info@EB5AN.com to learn more about the project’s specifics and its immigration and financial benefits.