EB-5 Regional Center
During March 2018, American Lending Center made history by receiving 9 EB-5 project approvals in 9 different cities all in the same month! ALC not only obtained 30 I-526 approvals during the month of March, but also averaged one new approval each day!
In the 28 years since the EB-5 Immigrant Investor Program began, no other company has received such outstanding news in such a short period of time. Below are the 9 projects and their investors:
Project No. 22
The Mayton Inn
Cary, NC
11 investors approved
Total EB-5 Funds: $6M
Total Project Cost: $14.3M
Open: Yes
Project No. 25
La Quinta Inn
Niagara Falls, NY
3 investors approved
Total EB-5 Funds: $2M
Total Project Cost: $6.4M
Open: Yes
Project No. 27
Candlewood Suites
Hartford, CT
5 investors approved
Total EB-5 Funds: $2.5M
Total Project Cost: $10.7M
Open: Yes
Project No. 30
Staybridge Suites
Orlando, FL
5 investors approved
Total EB-5 Funds: $3.5M
Total Project Cost: $13.9M
Open: Yes
Project No. 31
The Lodge at Columbia Point
Richland, WA
4 investors approved
Total EB-5 Funds: $2M
Total Project Cost: $14.2M
Open: Yes
Project No. 33
Residence Inn
Jacksonville, FL
1 investor approved
Total EB-5 Funds: $5M
Total Project Cost: $17.2M
Open: Yes
Project No. 34
Fairfield Inn & Suites
Philadelphia, PA
8 investors approved
Total EB-5 Funds: $4M
Total Project Cost: $21.7M
Open: 2018
Project No. 35
Best Western Premier
Denver, CO
5 investors approved
Total EB-5 Funds: $4.5M
Total Project Cost: $19.3M
Project No. 36
SpringHill Suites
Auburn, CA
2 investors approved
Total EB-5 Funds: $3M
Total Project Cost: $18.1M
Congratulations again to all the ALC investors!
ALC's good news continues with more approvals to come. 2018 will be our best year yet!
About American Lending Center
American Lending Center (ALC)—formerly known as US Employment Development Lending Center (USEDLC)—was registered in California in June 2009 by CEO John Shen. In 2010, ALC was designated by USCIS as a regional center and obtained a California finance lending license. ALC then began raising EB-5 capital as a quasi-bank for investment in SBA 504 loan projects with direct participation and injection from the U.S. SBA
ALC is the first EB-5 regional center to register Form D with the U.S. Securities and Exchange Commission (SEC), and the only EB-5 regional center to hold both a California Finance Lenders License and a FINRA Investment Advisor License. ALC is 100% SEC- compliant.
In January 2013, the board of directors completed the company’s restructuring and established Regional Centers Holding Group (RCH) with ALC as RCH’s first regional center. As of December 2017, RCH has successfully funded 70 SBA 504 projects with EB-5 funds, becoming the largest non-bank SBA 504 lending institution, and helping numerous immigrant investors to obtain permanent residency in the U.S.
