Terra Ceia Multifamily is 276-unit, market-rate, surface-parked rental apartment community located in Palmetto, Florida. The project offers convenient access to major employment hubs in Tampa, St. Petersburg, Bradenton, and Sarasota—all less than a 40-minute drive away.
The project is being developed by Kolter Multifamily, a division of The Kolter Group. Kolter is an experienced developer that has completed over 100 residential projects and delivered over 27,000 units. EB5AN has worked with Kolter on over 25 prior EB-5 projects, and all EB-5 investments in Kolter projects are either in good standing or have been repaid.
Land Acquired on June 12, 2025
Overview of the Terra Ceia Multifamily EB-5 Project
Terra Ceia Multifamily Equity and Loan Offerings
Land Acquired on June 12, 2025
With final site plan approval secured and financing in place, the land acquisition was completed on June 12, 2025. Construction is scheduled to begin shortly and is expected to last 25 months.
Overview of the Terra Ceia Multifamily EB-5 Project
High-Growth Location.
The Terra Ceia Multifamily project will have convenient access to major employment hubs in Tampa, St. Petersburg, Bradenton, and Sarasota—all of which are less than a 40 minute drive.
The project location benefits from Manatee county’s record-setting $2.9 billion budget for infrastructure and community enhancements. The area within a 3-mile radius of the property is projected to experience 77% population growth by 2028—underscoring the area’s strong appeal and rising demand.
The broader North Port–Bradenton–Sarasota, Florida Metropolitan Statistical Area continues to attract national attention. It was ranked #1 in Population Gain by the LinkedIn Workforce Report in 2023, the #2 Destination for Relocation by The Title Report in 2022, and the #3 Fastest Growing Places by U.S. News & World Report in 2021.
Excellent Developer Track Record.
Terra Ceia Multifamily is being developed by Kolter Multifamily, a division of The Kolter Group. Kolter is an experienced developer that has completed over 100 residential projects and delivered over 27,000 units. Kolter has worked with EB5AN on over 25 prior EB-5 projects, and all EB-5 investments in Kolter projects are either in good standing or have been repaid.
Leading Property Manager.
Once operations commence, Terra Ceia Multifamily is expected to be managed by Greystar, a global leader in multifamily rental housing property management. Greystar has over 25,000 team members in 249 markets with over 900,000 units under management.
Independent EB-5 Oversight.
EB5AN controls the regional center that is sponsoring the project as well as the general partner of its EB-5 investment fund. EB5AN is 100% independent from Kolter. Independent oversight of the EB-5 project prevents a conflict of interest between the EB-5 investment parties and the developer. This structure helps reduce risk for the project’s EB-5 investors.
Third-Party Fund Administration.
PRXY Fund Services will serve as the project’s third-party fund administrator. Third-party fund administration adds a layer of security and transparency for EB-5 investors.
Urban TEA Designation.
The project is in an urban, high unemployment targeted employment area (TEA). Investing in an urban TEA project qualifies EB-5 investors for a reduced minimum investment of $800,000. Investors in urban TEA projects also qualify for access to EB-5 visas that are reserved for high unemployment TEA investments. These set-aside urban EB-5 visas make up 10% of the total EB-5 visa supply.
Job Creation Guaranty.
The project has a guaranty that all EB-5 capital will be spent on qualifying expenses that create EB-5 eligible jobs.
I-526E Approval Refund Guaranty.
If an EB-5 investor’s Form I-526E petition is denied by USCIS, the project provides for faster repayment of that investor’s $800,000 investment.
Terra Ceia Multifamily Equity and Loan Offerings
EB-5 investors may choose between equity and loan structures based on their investment preferences.
Terra Ceia Multifamily (Equity) Offering
Short 3.5-Year Target Investment Timeline. The expected duration of the investment is 3.5 years.
Preferred Return Structure with 5.0% Annual Return. The Terra Ceia Multifamily (Equity) offering is structured as an equity investment with a preferred return. This structure provides EB-5 investors with an above-market 5.0% annual return.
Terra Ceia Multifamily (Loan) Offering
Short Three-Year Loan Term. The term of the loan is just three years.
Secured Loan Structure. The Terra Ceia Multifamily (Loan) offering is structured a secured loan investment. The loan is backed by a repayment guaranty from a diversified Kolter parent company with substantial assets and net equity. As a result of this guaranty, the EB-5 loan is much more likely to be repaid, providing EB-5 investors with significant financial security.
Terra Ceia Multifamily: A Best-in-Class Urban EB-5 Project
For more information on the Terra Ceia Multifamily project or other available EB-5 projects, please schedule a one-on-one call with EB5AN or send an email to info@EB5AN.com.
