EB5AN currently offers nine EB-5 offerings, each requiring the $800,000 minimum EB-5 investment. Five are rural offerings: Currahee Club, Hard Rock Pointe Vista, Grand Park, Lakeview Landing Phase 2 (Equity), and Lakeview Landing Phase 2 (Loan). The other four are high unemployment area (HUA) projects: Spring Haven, Brandon Multifamily (Equity), Brandon Multifamily (Loan), and Elyse Atlanta. Hard Rock Pointe Vista, Lakeview Landing Phase 2 (Equity), and Lakeview Landing Phase 2 (Loan) qualify under both the rural and HUA reserved visa categories. Six of the nine have received Form I-956F approval from U.S. Citizenship and Immigration Services (USCIS); Elyse Atlanta and both Lakeview Landing Phase 2 offerings are pending. All nine carry both a job creation guaranty and an I-526E approval refund guaranty. Currahee Club, Hard Rock Pointe Vista, Spring Haven, both Brandon Multifamily offerings, and Elyse Atlanta are under construction and hold fully approved entitlements. Grand Park is also under construction.
Grand Park has recently received its first investor Form I-526E approval.
Since the EB-5 program’s newest immigration benefits were introduced in 2022, global demand for EB-5 immigration has surged.
EB-5 investors can now benefit from faster processing through rural projects and obtain work and travel permits while awaiting their EB-5 Green Cards. Investors from China, India, and other high-demand countries can also gain access to the new set-aside EB-5 visa categories.
Regional centers and developers have responded with a growing number of new projects, expanding the EB-5 market.
For investors, that creates both opportunity and a challenge: more projects to choose from, but projects can look very different from one another. Some are rural and receive priority processing; others sit in HUAs. Some use senior secured debt, while others offer a conventional loan or an equity investment.
Investment terms, job creation, Form I-956F status, expected returns, and financial protections vary from project to project.
EB5AN makes those differences explicit so investors can evaluate each project on its own merits and compare it against the alternatives.
This guide brings together EB5AN’s complete portfolio of EB-5 projects available as of October 2026.
The comparison table below puts the most important features of the nine offerings in one place. The sections that follow look more closely at each project, its underlying real estate, investment structure, term, and other features.
Side-by-Side Comparison of EB5AN’s Current Projects
Learn More About Each EB5AN Project
- Currahee Club (Senior Loan)
- Hard Rock Pointe Vista (Senior Loan)
- Grand Park (Senior Loan)
- Lakeview Landing Phase 2 (Equity)
- Lakeview Landing Phase 2 (Loan)
- Spring Haven (Loan)
- Brandon Multifamily (Equity)
- Brandon Multifamily (Loan)
- Elyse Atlanta (Loan)
EB5AN’s EB-5 Track Record
Get Started With the EB-5 Process
Side-by-Side Comparison of EB5AN’s Current Projects
| Project | Currahee Club (Senior Loan) | Hard Rock Pointe Vista (Senior Loan) | Spring Haven (Loan) | Brandon Multifamily (Equity) | Brandon Multifamily (Loan) | Elyse Atlanta (Loan) | Grand Park (Senior Loan) | Lakeview Landing Phase 2 (Equity) | Lakeview Landing Phase 2 (Loan) |
|---|---|---|---|---|---|---|---|---|---|
| I-956F Status | Approved | Approved | Approved | Approved | Approved | Pending | Approved | Pending | Pending |
| TEA Type | Rural | Rural + HUA | HUA | HUA | HUA | HUA | Rural | Rural + HUA | Rural + HUA |
| Location | Toccoa, GA | Kingston, OK | Newnan, GA | Brandon, FL | Brandon, FL | Atlanta, GA | Fraser / Winter Park, CO | Granbury, TX | Granbury, TX |
| Developer | Eagle Peak Development | Fischer Companies | The Kolter Group | The Kolter Group | The Kolter Group | The Kolter Group | Grand Park Development LLC | Realty Capital Residential, LLC | Realty Capital Residential, LLC |
| Description | Master-planned residential community across ~1,087 acres with an award-winning 18-hole Jim Fazio golf course, clubhouse, and dining venues operated by Troon Privé. | Master-planned all-season lakefront resort: 217-key Hard Rock-branded hotel, 131 Hard Rock-branded for-sale residences across seven buildings, and the 10.3-acre Caribbean Bay amenity area. | 700-home Cresswind-branded active-adult (55+) single-family community less than 30 minutes from Hartsfield–Jackson Atlanta International Airport. | 280 market-rate apartment units with community amenities including clubhouse, resort-style pool, fitness center, dog park, and coworking spaces. | 280 market-rate apartment units with community amenities including clubhouse, resort-style pool, fitness center, dog park, and coworking spaces. | Luxury condominium tower with 194 condominium units and 63,000 sq. ft. of indoor and outdoor resort-style amenities in Buckhead, Atlanta’s premier residential district. | 264-acre master-planned mountain community with for-sale homes, rental apartments, commercial space, lodging, and year-round recreation. Investor Form I-526E approval received. | 208-unit market-rate apartment community within a 48-acre master-planned mixed-use development near Fort Worth. | 208-unit market-rate apartment community within a 48-acre master-planned mixed-use development near Fort Worth. |
| Structure | Senior Loan | Senior Loan | Loan | Equity | Loan | Loan | Senior Loan | Equity | Loan |
| Investment Term | 4-year loan term | 5-year loan term | 4-year loan term | 3-year target repayment | 3-year loan term | 3-year loan term | 4-year loan term | 3–4-year target investment duration | 3-year loan term |
| Investment Security | Secured by two pledges of 100% of membership interests and a first-priority security deed on portions of the property. | First-priority senior mortgage on the residences, a second-priority mortgage on the Caribbean Bay and hotel portions, and a 100% equity pledge. | Loan repayment guaranty from a well-capitalized Kolter parent company. | Equity in the development. | Loan repayment guaranty from a well-capitalized Kolter parent company. | Loan repayment guaranty from a well-capitalized Kolter parent company. | Senior mortgage on key real estate assets and a 100% equity pledge. | Equity with a 4% annual preferred return. | 100% equity pledge and construction completion guaranty. |
| Minimum Investment | $800,000 | $800,000 | $800,000 | $800,000 | $800,000 | $800,000 | $800,000 | $800,000 | $800,000 |
| EB-5 Fund Size | $70,400,000 | $200,000,000 | $80,000,000 | $28,000,000 | $25,600,000 | $80,000,000 | $80,000,000 | $14,400,000 | $15,200,000 |
| Max. EB-5 Investors | 88 | 250 | 100 | 35 | 32 | 100 | 100 | 18 | 19 |
| Jobs to Be Created | 1,652 | 5,778 | 4,598 | 890 | 890 | 3,026 | 2,630 | 460 | 460 |
| Jobs Needed | 880 | 2,500 | 1,000 | 670 | 670 | 1,000 | 1,000 | 370 across both Phase 2 offerings | 370 across both Phase 2 offerings |
| Jobs Already Created | — | 510 (09/30/2026) |
2,006 (09/30/2026) |
13 (08/31/2026) |
13 (08/31/2026) |
331 (08/31/2026) |
410 (07/31/2026) |
— | — |
| Job Creation Guaranty | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| I-526E Refund Guaranty | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
| Development Stage | Under construction | Under construction | Under construction | Under construction | Under construction | Under construction | Under construction | — | — |
| Entitlements | Fully approved | Fully approved | Fully approved | Fully approved | Fully approved | Fully approved | Fully approved | Fully approved | Fully approved |
| Permits | Fully approved, for portions under construction | Fully approved | Fully approved, for portions under construction | Fully approved | Fully approved | Fully approved | Fully approved, for portions under construction | — | — |
Every project in the portfolio has the same $800,000 minimum EB-5 investment amount. Beyond that, EB-5 investors will find several materially different options.
What are the risks and benefits of a rural project versus an HUA development?
One of the first decisions is whether a rural or HUA project makes more sense for the investor’s immigration situation.
Rural projects receive priority I-526E processing and qualify for the rural reserved visa category, which receives 20% of the annual EB-5 visa allocation.
HUA projects have their own reserved category, representing 10% of annual EB-5 visas, but they do not receive the same priority processing available to rural petitions.
For investors from China and India, this might be a decisive factor. Both countries have historically generated substantial EB-5 demand, increasing the risk of future visa backlogs. A rural investment gives these investors two separate immigration advantages: priority petition processing and access to the larger 20% rural reserved category.
An investor from a country with lower EB-5 demand may look at the choice differently. Rural priority processing may still be attractive, but investment duration, expected return, asset class, location, or financial protections may carry more weight.
How much does an EB-5 investment cost?
The minimum EB-5 investment is $800,000 for a project in a Targeted Employment Area (TEA) and $1,050,000 for a non-TEA project. All nine of EB5AN’s current offerings are TEA projects, so each carries the $800,000 minimum. The $800,000 rate applies whether the project is rural or an HUA; the two categories differ in visa access and processing speed, not in price.
Why do rural and HUA EB-5 projects differ for investors from China and India?
For investors from China and India, the difference comes down to visa backlog risk. Rural projects have twice the visa set-aside of HUA projects (20% versus 10% of annual EB-5 visas), plus priority I-526E processing. Rural petitions are generally approved faster, but because they are adjudicated in greater numbers, many EB-5 practitioners expect the rural set-aside to be the first to retrogress for Chinese and Indian investors. HUA projects are slower to adjudicate, which lowers their near-term retrogression risk while building a larger long-term backlog. As of the October 2026 Visa Bulletin, all three EB-5 set-aside categories remain current for every country, while the unreserved category is backlogged to December 2023 for India and December 2016 for China.
An investor already in the United States on an H-1B, F-1, or other nonimmigrant visa may also weigh concurrent filing: submitting the I-526E together with an application to adjust status, which grants employment authorization and advance parole while the petition is pending.
Where does my money sit in the project’s capital stack?
An EB-5 project is financed through a capital stack, and the position your money occupies determines repayment priority and risk. Senior debt sits at the top and is repaid first; equity sits at the bottom and is repaid last but carries the highest potential return.
Within this portfolio, the positions map cleanly:
- Senior loans — Currahee Club, Hard Rock Pointe Vista, and Grand Park are structured as senior loans, the most secure position. They are secured by first-priority mortgages, equity pledges, and other collateral, and are repaid before subordinate debt and equity.
- Loans with repayment guaranties — Spring Haven, Brandon Multifamily (Loan), and Elyse Atlanta are structured as loans backed by a repayment guaranty from a Kolter parent company, whose assets support repayment if the borrower cannot perform.
- Secured loan with an equity pledge — Lakeview Landing Phase 2 (Loan) is secured by a 100% equity pledge and includes a construction completion guaranty.
- Equity — Brandon Multifamily (Equity) and Lakeview Landing Phase 2 (Equity) place investors in an equity position that is repaid after the loans but offers a higher annual preferred return.
What documents should I review before choosing an EB-5 project?
A thorough due-diligence review protects both your Green Card and your capital. Before subscribing to any EB-5 project, request and review these documents:
- Private Placement Memorandum (PPM) — the full offering document, including all risk factors. If a sponsor will not provide one, treat that as a warning sign.
- Business plan — should be USCIS-compliant and detail job creation projections, operational plans, and revenue assumptions.
- Economic impact study — the full report from an independent economist using an accepted methodology such as RIMS II, IMPLAN, or REMI, not a summary.
- Financial statements — for the project company and guarantors, to check for signs of financial distress.
- Loan agreement and security documents — to see how EB-5 funds are deployed, what collateral secures the investment, and what triggers repayment.
- Form I-956F approval — confirmation that USCIS has approved the project’s business plan, job-creation methodology, and investment structure.
For an independent starting point, the U.S. Securities and Exchange Commission and USCIS have jointly published an Investor Alert on EB-5 offerings that lists the steps investors should take before investing and the warning signs of possible fraud.
What are the red flags and warning signs of an EB-5 project?
A strong project documents its risks rather than hiding them. Common warning signs include guaranteed or “no-risk” returns (which conflict with USCIS’s at-risk requirement), a thin job-creation cushion with little margin for delays, a developer with no record of completing similar projects, an unclear exit or repayment strategy, and resistance to independent fund administration or document review.
EB5AN’s current offerings are structured to address these concerns directly: every project carries both a job creation guaranty and an I-526E approval refund guaranty; Currahee Club, Hard Rock Pointe Vista, Spring Haven, both Brandon Multifamily offerings, and Elyse Atlanta are already under construction with approved entitlements; Grand Park is also under construction; and the loan offerings include senior-secured collateral, a 100% equity pledge, or repayment guaranties from Kolter parent companies. Projected job creation also exceeds what a fully subscribed offering requires: for example, Currahee Club projects 1,652 jobs versus 880 required, and Spring Haven has already created more jobs than a fully subscribed offering needs.
Financial Risk, Job Creation, and I-956F Approval
The financial structures also differ significantly across the portfolio.
Currahee Club, Hard Rock Pointe Vista, and Grand Park use senior loan structures supported by mortgages, equity pledges, and other collateral. Spring Haven, Brandon Multifamily (Loan), and Elyse Atlanta are loan offerings with repayment guaranties from Kolter parent companies.
Lakeview Landing Phase 2 (Loan) is a secured loan backed by a 100% equity pledge and a construction completion guaranty.
The portfolio’s two remaining offerings are equity investments. Rather than lending money to the project, investors in Brandon Multifamily (Equity) receive an equity interest and a 5% annual preferred return.
Lakeview Landing Phase 2 (Equity) follows the same model, with investors receiving an equity interest and a 4% annual preferred return.
That distinction between debt and equity is important. With a loan, the borrower has a defined repayment obligation under the terms of the offering documents. The borrower must still have the financial ability to perform, but the relationship is fundamentally one of lender and borrower.
An equity investment does not create that same repayment obligation. The investor participates through an ownership interest, and the return of capital depends on the terms of the equity structure and the project’s financial performance. The risks, potential returns, and exit strategy therefore need to be evaluated differently from those of a loan.
There are meaningful differences in investment duration as well.
Brandon Multifamily’s loan offering, Elyse Atlanta, and Lakeview Landing Phase 2’s loan offering each have three-year loan terms. Brandon Multifamily’s equity offering has a three-year target investment duration, while Lakeview Landing Phase 2’s equity offering has a three-to-four-year target investment duration. Currahee Club, Spring Haven, and Grand Park each have four-year loan terms, while Hard Rock Pointe Vista has a five-year loan term.
For investors who place a high priority on the potential timing of repayment or return of capital, a shorter stated term may be attractive. But the shortest term should not automatically be treated as the best choice.
EB-5 investors must remain invested for the period required by the program’s sustainment rules, and repayment or return of capital remains subject to the offering documents and the project’s finances.
Job creation is just as important to the immigration side of the analysis. Each EB-5 investor must show that the investment resulted in at least 10 qualifying jobs.
The comparison table above identifies how many jobs are needed to support all investors and, where applicable, how many had already been created.
All nine offerings project more jobs than would be required at full subscription.
In several cases, a meaningful portion of that job creation has already occurred. Spring Haven has already created more than enough jobs for all 100 potential EB-5 investors. Hard Rock Pointe Vista and Elyse Atlanta have also created jobs for a substantial number of investors while construction continues.
Grand Park had created more than 410 qualifying jobs as of July 31, 2026, against 2,630 projected and 1,000 required. Across both Lakeview Landing Phase 2 offerings, 460 jobs are projected and 370 are required.
Currahee Club is expected to create approximately 1,652 jobs, compared with 880 required.
These numbers allow investors to consider two different questions: how large the projected job cushion is, and how much job creation is already supported by documented project expenditures.
Form I-956F status provides another important distinction among the offerings.
USCIS uses Form I-956F to review the project’s business plan, job-creation methodology, investment structure, and compliance with EB-5 requirements. An approved Form I-956F removes a significant area of project-level immigration uncertainty.
It does not, however, guarantee approval of an individual investor’s Form I-526E petition. Nor does it guarantee that the project will succeed financially.
Six of EB5AN’s nine current offerings have already received Form I-956F approval. Elyse Atlanta and both Lakeview Landing Phase 2 offerings are open for I-526E filings while their Form I-956F applications remain pending. Grand Park has also received investor Form I-526E approval.
Some investors may decide they are comfortable investing only after a project has received approval. Others may be willing to invest while Form I-956F is pending if they are satisfied with the regional center’s approval history and the rest of the project’s characteristics.
EB5AN has received 34 Form I-956F approvals and has maintained a 100% USCIS project approval rate since 2013.
There is no single project characteristic that makes one offering the right choice for every investor. Country of birth and immigration timing may be decisive for one family. Another investor may care more about collateral, investment duration, potential return, or the underlying real estate.
Learn More About Each EB5AN Project
Currahee Club (Senior Loan)
Location: Toccoa, Georgia
TEA classification: Rural
Asset class: Master-planned residential and golf community
Investment structure: Secured senior loan
Term: Four years
Form I-956F status: Approved
EB-5 offering: $70.4 million
Job creation: Approximately 1,652 projected jobs; 880 required
Currahee Club is a master-planned community covering approximately 1,087 acres in Toccoa, Georgia. It already includes an 18-hole Jim Fazio golf course, clubhouse, dining facilities, guest accommodations, lake access, mountain views, and a sports campus. Portions of the community are managed by Troon Privé.
The EB-5 development builds on that existing community through additional residential lots, homes, condominiums, duplex townhomes, and amenities.
That existing development is an important part of the project. Currahee Club is not beginning with undeveloped land and an untested concept. More than 200 residential lots were sold under prior ownership, more than 150 residences have been completed, and additional homes are under construction. The golf club also has an established membership base.
For investors evaluating demand, that provides evidence of actual activity at the community while the current developer continues its expansion.
The EB-5 investment is structured as a four-year senior loan. Its collateral includes two pledges of 100% of the relevant membership interests and a first-priority security deed on portions of the property.
The project documents add another protection by restricting owner distributions while the applicable senior EB-5 loan principal remains outstanding.
Currahee Club also includes a job creation guaranty and an I-526E approval refund guaranty.
USCIS has approved the project’s Form I-956F, confirming its acceptance of the project’s rural classification, investment structure, and job-creation methodology. Because Currahee Club is rural, investors also qualify for priority I-526E processing and access to the 20% rural reserved visa category.
Hard Rock Pointe Vista (Senior Loan)
Location: Kingston, Oklahoma, on Lake Texoma
TEA classification: Rural and HUA
Asset class: Branded hotel, residences, and resort amenities
Investment structure: Secured senior loan
Term: Five years
Form I-956F status: Approved
EB-5 offering: $200 million
Job creation: 5,778 projected jobs; 2,500 required; 510 created as of September 30, 2026
Hard Rock Pointe Vista is an all-season resort development overlooking Lake Texoma, approximately 100 miles from Dallas.
The development includes a 217-key Hard Rock-branded hotel and 131 Hard Rock-branded residences spread across seven buildings. It also includes Caribbean Bay, a 10.3-acre amenity area planned to feature white-sand beaches, water activities, restaurants, and a floating concert stage.
The Hard Rock affiliation gives the project a different operating profile from that of a conventional independent resort. Hard Rock operates more than 300 branded venues in nearly 80 countries and brings established reservation, marketing, food-and-beverage, and entertainment systems to the development.
The location also matters. Lake Texoma is one of the most visited lakes in the United States and is within driving distance of the Dallas–Fort Worth metropolitan area.
The EB-5 investment is structured as a five-year senior loan. Its collateral includes a first-priority mortgage on the residential component, a second-priority mortgage on the Caribbean Bay and hotel components, and a 100% equity pledge.
The project also includes a construction completion guaranty, a job creation guaranty, and an I-526E approval refund guaranty.
Hard Rock Pointe Vista is expected to create 5,778 qualifying jobs. A fully subscribed offering would require 2,500.
As of September 30, 2026, 510 jobs had already been created—enough to support the first 51 investors.
The project also has an unusual TEA advantage: it qualifies as both a rural area and HUA. Investors therefore have access to both reserved visa categories, while retaining the priority I-526E processing available to rural investors.
USCIS has approved the project’s Form I-956F.
Grand Park (Senior Loan)
Location: Fraser, Colorado, near Winter Park Resort
TEA classification: Rural
Asset class: Master-planned mountain community
Investment structure: Secured senior loan
Term: Four years
Form I-956F status: Approved
EB-5 offering: $80 million
Job creation: 2,630 projected jobs; 1,000 required; more than 410 created as of July 31, 2026
Grand Park is a 264-acre development with homes for sale, rental apartments, commercial space, lodging, and year-round recreation. Its location near Winter Park Resort provides access to an established mountain destination just over an hour from Denver.
Construction is underway. More than 260 homes have sold for a combined total above $190 million, and the developer group has delivered nearly 400 homes in the Fraser Valley.
The four-year senior loan is secured by a senior mortgage and a 100% equity pledge. It includes construction completion, job creation, and I-526E approval refund guaranties.
Grand Park has received Form I-956F approval. A Grand Park investor has also received Form I-526E approval. Its rural designation provides priority I-526E processing and access to the 20% rural reserved visa category.
Lakeview Landing Phase 2 (Equity)
Location: Granbury, Texas
TEA classification: Rural and HUA
Asset class: Multifamily rental apartments
Investment structure: Equity
Target investment duration: Three to four years
Form I-956F status: Pending
EB-5 offering: $14.4 million
Job creation: 460 projected jobs; 370 required across both Phase 2 offerings
Lakeview Landing Phase 2 (Equity) finances a 208-unit apartment community within the same 48-acre mixed-use development as Lakeview Landing Phase 1. The Granbury location provides access to Fort Worth and the wider Dallas–Fort Worth employment market.
Realty Capital Residential, LLC is the developer. Its completed and in-process developments comprise nearly 2,200 units with total costs above $700 million.
The equity offering provides a 4% annual preferred return and a three-to-four-year target investment duration. It includes job creation and I-526E approval refund guaranties.
Both rural and HUA designations provide access to the 20% rural and 10% HUA reserved visa categories, alongside rural priority I-526E processing. Form I-956F remains pending, while I-526E filings are available.
Lakeview Landing Phase 2 (Loan)
Location: Granbury, Texas
TEA classification: Rural and HUA
Asset class: Multifamily rental apartments
Investment structure: Secured loan
Term: Three years
Form I-956F status: Pending
EB-5 offering: $15.2 million
Job creation: 460 projected jobs; 370 required across both Phase 2 offerings
Lakeview Landing Phase 2 (Loan) finances the same 208-unit apartment development as the equity offering. Investors participate through a secured loan rather than an equity interest.
The loan has a three-year term, with one optional one-year extension. Its security includes a 100% equity pledge, together with a construction completion guaranty. The offering also includes job creation and I-526E approval refund guaranties.
The two Phase 2 offerings share the development, developer, and projected job-creation budget. Their combined $29.6 million offering supports up to 37 investors, requiring 370 qualifying jobs against 460 projected.
The loan offering qualifies for rural priority I-526E processing and both the rural and HUA reserved visa categories. Its Form I-956F is pending, and I-526E filings are available.
Spring Haven (Loan)
Location: Newnan, Georgia
TEA classification: HUA
Asset class: Active-adult single-family homes
Investment structure: Secured loan
Term: Four years
Form I-956F status: Approved
EB-5 offering: $80 million
Job creation: 4,598 projected jobs; 1,000 required; 2,006 created as of September 30, 2026
Spring Haven is a 700-home Cresswind active-adult community in Newnan, Georgia, less than 30 minutes from Hartsfield–Jackson Atlanta International Airport.
Cresswind is Kolter’s established brand for age-restricted communities serving buyers aged 55 and older. Across 13 completed or in-process Cresswind communities, more than 6,500 homes have been sold and more than 6,000 have been delivered to buyers.
Construction at Spring Haven is already well advanced.
By September 30, 2026, the project had created 2,006 qualifying jobs. Only 1,000 are required to support the maximum 100 EB-5 investors in the fund.
In other words, the project has already generated enough qualifying jobs for a fully subscribed EB-5 offering, even though construction continues.
The investment is structured as a four-year loan with a repayment guaranty from a well-capitalized Kolter parent company. If the borrower cannot repay the loan in accordance with its terms, the guarantor’s assets and equity support that repayment obligation.
The project also includes a job creation guaranty and an I-526E approval refund guaranty.
Spring Haven has received Form I-956F approval and qualifies for the 10% HUA reserved visa category.
Investors can also look to a relevant precedent in Twin Lakes Georgia, another Kolter Cresswind community built around a similar development model. Twin Lakes has produced hundreds of I-526E approvals and substantial home sales, giving investors an existing operating and EB-5 example to consider when evaluating Spring Haven.
Brandon Multifamily (Equity)
Location: Brandon, Florida
TEA classification: HUA
Asset class: Multifamily rental apartments
Investment structure: Equity
Target investment duration: Three years
Form I-956F status: Approved
EB-5 offering: $28 million
Job creation: 890 projected jobs; 670 required; 13 created as of August 31, 2026
Brandon Multifamily is a 280-unit market-rate apartment community in Brandon, Florida, near Tampa.
The development will include a clubhouse, resort-style swimming pool, fitness center, dog park, and coworking areas. Interstate 75 and the Selmon Expressway provide access to downtown Tampa and other major employment centers.
The Kolter Group is developing the project. Its structure is similar to two previous Kolter and EB5AN developments, Boynton Beach Multifamily and Terra Ceia Multifamily.
Kolter has completed or begun 13 multifamily developments and has extensive experience across residential real estate. Greystar, one of the largest apartment management companies in the United States, is expected to operate the property.
What most clearly separates this offering from the loan projects in the portfolio is the investment structure.
Brandon Multifamily (Equity) does not place the EB-5 investor in a lender position. The investor instead receives an equity interest.
The offering has a three-year target investment duration and provides a 5% annual preferred return. This higher return may appeal to many EB-5 investors.
The offering includes a job creation guaranty and an I-526E approval refund guaranty. USCIS has approved its Form I-956F, and the project qualifies for the 10% HUA reserved visa category.
Brandon Multifamily is expected to create 890 jobs. Across the two Brandon offerings, 670 are required for all 67 investors, leaving a projected cushion of 220 jobs.
Brandon Multifamily (Loan)
Location: Brandon, Florida
TEA classification: HUA
Asset class: Multifamily rental apartments
Investment structure: Secured loan
Term: Three years
Form I-956F status: Approved
EB-5 offering: $25.6 million
Job creation: 890 projected jobs; 670 required; 13 created as of August 31, 2026
The Brandon Multifamily loan offering finances the same 280-unit apartment community as the equity offering. What changes is the financial structure.
The loan offering has a three-year term and includes a repayment guaranty from a diversified Kolter parent company. If the project borrower cannot repay the EB-5 loan in accordance with its terms, the guarantor’s assets and equity support repayment of the outstanding balance.
The offering also includes a job creation guaranty and an I-526E approval refund guaranty.
For an investor who prefers a borrower repayment obligation, the loan may be the more appropriate of the two Brandon structures. The equity offering takes a different approach: the investor assumes the risks associated with an ownership interest in exchange for a stated 5% preferred return.
USCIS has approved the Form I-956F for the loan offering. It shares the equity offering’s HUA classification, access to the 10% reserved visa category, construction progress, and underlying job-creation budget.
Elyse Atlanta (Loan)
Location: Buckhead, Atlanta, Georgia
TEA classification: HUA
Asset class: Luxury condominiums
Investment structure: Secured loan
Term: Three years
Form I-956F status: Pending
EB-5 offering: $80 million
Job creation: 3,026 projected jobs; 1,000 required; more than 331 created as of August 31, 2026
Elyse Atlanta is a luxury condominium tower under construction on West Paces Ferry Road in Buckhead, one of Atlanta’s most established residential and commercial districts.
The project will include 194 condominium units and approximately 63,000 square feet of indoor and outdoor amenities. It sits next to the St. Regis Atlanta.
Buyer demand is already evident: the project has surpassed $100 million in condominium presales.
The project is being developed by Kolter, which has completed more than 110 projects and delivered approximately 35,000 residential units since 1997.
Construction of Elyse Atlanta is already underway. By August 31, 2026, more than 331 qualifying jobs had been created.
At completion, the project is expected to generate 3,026 qualifying jobs. A fully subscribed EB-5 offering requires 1,000, meaning projected job creation is more than three times the required amount.
The investment takes the form of a three-year secured loan. A Kolter parent company provides a loan repayment guaranty.
The project also includes a construction completion and project funding guaranty. Under that guaranty, the guarantor is required to provide the resources necessary to complete the applicable construction.
A job creation guaranty and an I-526E approval refund guaranty provide additional contractual commitments.
Elyse Atlanta qualifies for the 10% HUA reserved visa category.
Elyse Atlanta’s Form I-956F remains pending, and investors should consider this as part of their due diligence.
They can also consider EB5AN’s broader approval history. EB5AN has maintained a 100% USCIS project approval record, including 34 Form I-956F approvals across rural and HUA projects.
EB5AN’s EB-5 Track Record
EB5AN was founded in 2013 and now serves more than 3,000 families from over 70 countries.
EB5AN operates 15 USCIS-approved regional centers covering the continental United States and has managed more than 50 real estate investment funds. Those funds have deployed more than $1 billion in EB-5 capital into projects representing more than $8 billion in total development.
Since 2022 alone, more than 800 EB5AN investors have received Form I-526E approval.
EB5AN’s post-RIA projects have also created more than 23,000 qualifying jobs.
Rural processing has been particularly fast. More than 80% of EB5AN’s rural I-526E approvals have been issued within 12 months. The average rural approval time is 9.6 months, and the fastest approval was issued in 2.7 months.
At the project level, EB5AN has received 34 Form I-956F approvals and has maintained a 100% USCIS project approval rate since 2013.
Multiple EB-5 projects have repaid invested capital, and many EB5AN investors now live in the United States as permanent residents.
EB5AN and Kolter have also worked together on more than 30 EB-5 projects. One hundred percent of the related EB-5 investment funds have either been repaid or remain in good standing.
For investors considering Spring Haven, Brandon Multifamily, or Elyse Atlanta, that history provides concrete results from prior EB5AN and Kolter projects that can be examined alongside the details of the current offerings.
Get Started With the EB-5 Process
Choosing an EB-5 project is about more than evaluating the underlying real estate development.
EB-5 investors also need to look at the immigration benefits and the structure of the investment. A rural project, for example, may offer priority processing and access to the 20% rural reserved visa category. Another investor may prefer an HUA project because of its location, asset type, investment term, or financial structure.
Ultimately, the right EB-5 project depends on how these immigration and investment factors align with each investor’s goals. Because no single offering fits every investor, EB5AN maintains the largest portfolio of EB-5 investments currently available, giving investors more options to find the right fit.
EB5AN provides detailed offering documents and current project information to help investors compare these factors across its available projects. To discuss your immigration goals and review which EB-5 investment may best fit your family’s priorities, schedule a free consultation with EB5AN.