Tag Archives: EB-5 Investment

Successful Repayment of $27 Million to EB-5 Investors in New Commercial Enterprise Managed by A&J Capital, Inc.

LOS ANGELES, Calif. /ScoopCloud/ -- A&J Capital, Inc. (A&J), a financial services & advisory firm specializing in EB-5, private equity, and investment management, today announced its latest milestone of repaying $27 million of capital to EB-5 investors for one of its managed new commercial enterprises (NCE). A&J serves as a manager of the NCE and oversees its day-to-day activities, including the administration of the EB-5 loan.

The $45 million construction project of the 213,508 square foot mixed-use retail shopping center known as California Marketplace in the heart of Los Angeles' Koreatown commenced in 2013 and was completed in 2016. The final buildout of California Marketplace is comprised of 36,848 square feet supermarket, 44,603 square feet of retail and commercial space, and a parking facility. The key financing component of the project was a $27 million senior construction EB-5 loan which was structured and administered by A&J.

The 54 EB-5 investors who invested in the NCE were responsible for creating 592 new jobs, a key component of the EB-5 Program. The jobs were generated from both construction and operational activities of California Marketplace. The NCE is in the final phase of fulfilling its requirements of returning capital to those investors who have met their immigration objectives.

"There is no greater pride and accomplishment for us here at A&J to oversee this project from its infancy all the way to its operational phase, resulting in the creation of new American jobs, while at the same time satisfying EB-5 investor objectives of obtaining permanent green cards and recovering capital invested. This is exactly what the EB-5 investors, the development team, and the community bargained for from the outset," said H. Harry Aharonian, Vice President at A&J Capital.

A&J currently administers a number of NCE's that have EB-5 invested capital in EB-5 qualifying real estate development projects across the United States, including in California, Florida, Louisiana and Texas. These projects at their respective completions are set to create over 15,000 new jobs for the US workforce and revitalize the communities in which they are located.

More information: https://www.ajcap.com/

*PHOTO link for media: https://www.dropbox.com/s/befsiu8brucl2np/gaju.png?dl=0)

News from A&J Capital Inc

A&J Capital, Inc. (A&J), a financial services & advisory firm specializing in EB-5, private equity, and investment management, today announced its latest milestone of repaying $27 million of capital to EB-5 investors for one of its managed new commercial enterprises (NCE). A&J serves as a manager of the NCE and oversees its day-to-day activities, including the administration of the EB-5 loan.

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Emilio N. Francisco, PDC CEO, Announces Acquisition of EB-5 Regional Center

private equity firm

COSTA MESA, Calif., March 27, 2015 (SEND2PRESS NEWSWIRE) -- Emilio N. Francisco, Chairman and Chief Executive Officer of private equity firm PDC Capital Group (www.pdccapitalgroup.com), announced the acquisition of ZGlobal Southern California EB-5 Investment Regional Center (http://zglobalregionalcenter.com).

The EB-5 visa is a federal program launched in 1990 that allows foreign nationals to apply for permanent residency in the U.S. in exchange for investing $1 million in a U.S. business. Each investment is required to generate at least 10 jobs.

ZGlobal has been designated by the United States Citizenship and Immigration Services (USCIS) to provide investment opportunities to foreign investors interested in participating in the EB-5 Investor Visa Program and obtaining green cards.

One advantage to designation as a regional center is that a regional center can claim indirect job creation resulting from investment projects. The ability to claim the creation of indirect jobs allows the applicant to more easily meet the EB-5 program job creation requirements.

PDC Capital Group is a private equity firm that specializes in real estate development projects funded through EB-5 visa investments.

"We are very excited about our partnership with ZGlobal Regional Center," said Emilio N. Francisco, Chief Executive Officer of PDC Capital Group. "Working through the center will give us a broader platform to connect with investors interested in our EB-5 projects."

About PDC Capital Group:

PDC Capital Group, LLC, is a private equity firm specializing in EB-5 investment projects. In identifying and executing new projects, PDC Capital Group's goal is success for three groups: success for investors, success for the community where the project is located, and success for its project partners. For more information, please visit http://www.pdccapitalgroup.com/ .

Go to PDC Capital Group's Facebook Page: https://www.facebook.com/pdccapitalgroup .

Go to PDC's Twitter Feed: @PDCCapitalGrp https://twitter.com/PDCCapitalGrp .

To view the original version on Send2Press Newswire, visit: https://www.send2press.com/newswire/emilio-n-francisco-pdc-ceo-announces-acquisition-of-eb-5-regional-center-2015-0327-003.shtml.

NEWS SOURCE PDC Capital Group LLC :: This press release was issued on behalf of the news source (who is solely responsible for its accuracy) by and Copr. © 2015 Send2Press® Newswire, a service of Neotrope®.