Boynton Beach Multifamily Is a Low-Risk Urban TEA EB-5 Equity Investment Opportunity with a Preferred Return and Multiple Safety Features
Boynton Beach Multifamily is an EB-5 project in an urban (or high unemployment) targeted employment area (TEA). Because the project is in a TEA, the minimum investment amount is $800,000 instead of $1,050,000. This project offers investors many key features, including a preferred return investment structure, an I-526E approval refund guaranty, and a job creation guaranty.
EB-5 funds will be used to develop a 210-unit class A apartment community for active adults age 55+ featuring a 14,000 sq. ft. clubhouse. The project is located in Florida, the #1 state for retirement in the United States.
The project’s developer is The Kolter Group. Kolter is one of the largest private real estate development and investment companies in the United States, with over $29 billion of in-process and realized development since 1997.
EB5AN is an EB-5 investment fund manager, USCIS-approved regional center operator, and consultancy. EB5AN helps foreign investors immigrate to the United States through investments in U.S. businesses under the EB-5 program.
Kolter and EB5AN have worked together on over 15 prior EB-5 projects, all of which have received 100% USCIS project approval to date, with 100% of EB-5 investment funds either repaid or in good standing.
Immigration and Financial Safety Features for Investors
Boynton Beach Multifamily is a compelling urban EB-5 project that offers investors a clear path to a Green Card with limited immigration and financial risk.
Fund Administration
Proxy International, a registered investment advisor and third-party fund administration services company, will facilitate the administration of the fund in compliance with the integrity provisions of the RIA. Their proprietary PRXY Co. platform tracks and records all EB-5 draws and project expenditures throughout the project lifecycle and provides EB-5 investors with a real-time view of comprehensive project metrics.
Job Creation Guaranty
The Boynton Beach Multifamily project features a job creation guaranty, which means Kolter will spend all the EB-5 funds on EB-5 program eligible expenditures. As a result, the project will create the direct and indirect jobs required for every EB-5 investor to get their permanent Green Cards approved.
Urban TEA Visa Set Aside
The Boynton Beach Multifamily project is located in an urban TEA. An investment in an urban project provides access to urban set-aside visas, which account for 10% of all EB-5 visas. Having access to set-aside visas means avoiding the long waits associated with visa backlogs.
I-526E Approval Refund Guaranty
The Boynton Beach Multifamily project features an I-526E approval refund guaranty. This guaranty means that if an EB-5 investor’s I-526E petition is denied by USCIS, he or she may be able to receive a faster return of his or her money.
Form I-956F Exemplar Approved by USCIS
Boynton Beach Multifamily (Equity) has received Form I-956F exemplar approval from USCIS. This approval means that USCIS has reviewed the project’s documents and found them to be compliant with the EB-5 program. By approving Form I-956F, USCIS has agreed that Boynton Beach Multifamily is in an urban TEA. USCIS also accepted the project’s job creation methodology and EB-5 investment structure. As a result, investors can have greater confidence that an investment in Boynton Beach Multifamily should result in a permanent Green Card.
Boynton Beach Multifamily
Apartment Community (Equity)
Boynton Beach Multifamily
Apartment Community
(Equity)
EB-5 Offering Terms
| Project Developer | The Kolter Group |
| EB-5 Offering | $35,200,000 |
| Min. Investment | $800,000 |
| Structure | Equity with Preferred Return |
| Annual Return | 5% |
| Target Term | 3.75 Years |
| Escrow | Yes |
| I-956F Exemplar | USCIS Approved |
| I-526E Filings | Now Available |
| Project Security | Preferred Return Investment Structure, I-526E Approval Refund Guaranty, and Job Creation Guaranty |
Boynton Beach Multifamily Project Highlights
Boynton Beach Multifamily is a compelling urban EB-5 project that offers investors a clear path to a Green Card with limited immigration and financial risk.
Here are some of the key highlights of the Boynton Beach Multifamily project:
- The project is a 210-unit class A apartment community for active adults age 55+ with a 14,000 sq. ft. clubhouse.
- The project offers a 5.0% annual preferred return.
- The target investment duration is only 3.75 years.
- The project’s I-956F exemplar application has been approved by USCIS.
- Florida is the #1 U.S. state for retirement.
- Kolter is one of the largest private developers in the United States and has invested in real estate projects totaling over $29 billion in value since 1997, including 13 completed and in-process multifamily projects; Kolter has completed over 100 residential projects, delivered over 27,000 units, and never failed to repay a loan. All EB-5 investments in Kolter projects are in good standing or have been repaid.
- The project is expected to be operated by Greystar, a leader in property management with over 20,000 team members and over 800,000 units under management.
- The project has limited competition since no active adult properties exist or are planned within a 5-mile radius of the project.
- The project capitalizes on the area’s demographic makeup, which is largely older and affluent.
- Urban TEA status means access to set aside visas (available for all countries, which means no visa backlog).
- EB-5 investors can make partial initial EB-5 investments of less than $800,000, with a commitment to fund the balance within a set period of time.
- EB-5 investors benefit from an I-526E approval refund guaranty.
- Proxy International will serve as a third-party fund administrator.
- EB5AN’s track record includes 20+ prior EB-5 regional center projects with 100% financial success and USCIS project approval on all prior projects.
- H-1B / F-1 / E-2 / TN / L-1 visa holders can immediately adjust immigration status and concurrently file for EAD and travel documents.
Boynton Beach Multifamily Full Project Video
For more insight into the Boynton Beach Multifamily project, watch the following informative video:
Boynton Beach Multifamily Construction Groundbreaking Video
Watch the video below and read the full post here about the Boynton Beach project construction groundbreaking, which took place on Sunday, May 19, 2024.
Boynton Beach Multifamily EB-5 Job Creation Updates
Request Boynton Beach Multifamily Financial Statements
Financial statements provide an overview of a project’s financial health. These documents including information on revenues, expenses, assets, liabilities, and profitability.
Before investing in any project, an EB-5 investor should ask to review all key financial documents to assess the project’s viability. By reviewing a project’s financial statements, an investor is able to check for potential risks before making an investment decision.
At EB5AN, we believe that transparency is vital to investors making informed decisions. If you are a foreign national looking for a low-risk EB-5 project, we are happy to share the financial statements for the Boynton Beach Multifamily project with you.
Simply send your request via email to sam.silverman@eb5an.com.
Boynton Beach Multifamily Project Architectural Renderings
Boynton Beach Multifamily Project Introduction Download
The EB-5 program is complex, and each project is unique. EB-5 investors should take their time to thoroughly review a project before investing. Request a Boynton Beach Multifamily project download to discover how this project fulfills all EB-5 visa program requirements.
Boynton Beach Multifamily Project Location
Boynton Beach Multifamily is located at 7401 Tropical World Way, Boynton Beach, Florida, 33437. Explore this location and nearby stores, services, and attractions using the map below:
Boynton Beach Multifamily Project Gallery
View the gallery below to learn more about the Boynton Beach Multifamily development project.
As one of the largest private developers in the United States, The Kolter Group LLC and its predecessors and affiliates have invested in real estate projects totaling over $29 billion in value (both realized and in process).
The company is headquartered in South Florida and has five divisions:
- Kolter Homes
- Kolter Multifamily
- Kolter Hospitality
- Kolter Land
- Kolter Urban.
Kolter has developed thousands of single-family homes, apartment units, condominium units, hotel rooms, and finished land lots in the southeastern United States.
Kolter has borrowed billions of dollars over its 25+ year history and has never failed to repay a loan. All EB-5 investments in Kolter projects are in good standing or have been repaid.
EB5AN is a national EB-5 consulting and investment firm with a unique team from a diverse set of institutional backgrounds, which include the following:
- business strategy
- private equity
- capital markets
- real estate
- securities, tax, and immigration law
The firm’s diversely qualified professionals give it an advantage in identifying and structuring EB-5 deals from multiple perspectives. They work with established developers in the United States interested in creating economically feasible and financially sound EB-5 projects.
Kolter Multifamily is the rental residential acquisition and development affiliate of the Kolter Group. Headquartered in Palm Beach County, Kolter Multifamily is focused on the development, construction, and acquisition of residential communities across the Southeastern United States.
Kolter Multifamily’s urban and suburban rental communities are strategically located to allow residents to enjoy the very best of the surrounding area, with prime locations and on-site amenities that create enduring value.
Greystar is recognized globally as a leader in multifamily rental housing property management, with over 20,000 team members in 66 locations. They have a presence in nearly 224 markets with over 800,000 units under management.
The Greystar leadership team recognized a need for a fresh approach to 55+ living. They sought to create something unlike the senior living of the past, senior living that offers a robust lifestyle for the “Active Adult.” Greystar has put together a fully dedicated team of professionals that service their Active Adult platform.
Boynton Beach Multifamily is expected to be operated by Greystar.
Hedrick Brothers Construction is a full-service, quality-driven construction management and general contracting firm serving the public and private sectors.
Founded by Dale Hedrick in 1979, team members provide professional project management, quality craftsmanship and uncompromising service with a range of expertise and experience in preconstruction, construction management, design-build, general contracting, virtual design & construction, safety, and sustainable construction.
Hedrick Brothers Construction is the general contractor for Boynton Beach Multifamily.
Proxy International is a registered investment advisor and third-party fund administration services company.
Their proprietary PRXY Co. platform tracks and records all EB-5 draws and project expenditures throughout the project lifecycle and provides EB-5 investors with a readily available, real-time view of comprehensive project metrics.
Erin Osborne is the founder and managing partner of EB5 Economist, an economic research firm specializing in analyzing the economic impact of EB-5 projects.
The team at EB5 Economist has completed more than 100 EB-5 economic impact reports and is well respected in the EB-5 industry.
The firm is based in South Florida and works with EB-5 projects nationwide.
