Construction In Progress
|EB-5 Fund Size||$17,500,000|
|Interest Rate||0.25% Annually|
|I-526 Status||Filed & Pending|
Construction Completed 20%
Madison Park EB-5 Project Summary
The Madison Park EB-5 project is a loan style investment where 35 EB-5 investors will invest in Madison Park Financial Corporation and build a total of 212 apartments in three projects, all located in the Oakland and Emeryville markets of the San Francisco East Bay. Each project is within walking distance to BART (metro), less than 20 minutes from Downtown San Francisco or U.C. Berkeley. Madison Park will guarantee the return of the investment back to the EB-5 fund by providing a corporate repayment guarantee backed by their equity in over $350 Million of assets under management.
The Madison Park EB-5 project is a desirable investment due to the following:
- Prolific and highly successful developer
- Low risk residential apartment investment
- San Francisco Bay Area location
- Located next to mass transit (BART)
- Loan style investment with fixed terms
- GMAX construction contracts
- Construction completion guarantee
- Guaranteed construction jobs to get a greencard
- Corporate repayment guarantee
EB-5 PROJECT SUMMARY
Download the Madison Park Introductory Presentation
See the Strongest EB-5 Protections We Have Ever Negotiated…
5 substantial protections and guarantees make the Madison Park EB-5 fund our strongest offering yet.
- I-526 Money Back Guarantee
- Construction Already Started
- Bank Loan Already Obtained
- 100% Approval History
- Corporate Repayment Guaranty
- Contractor Completion Guaranty
- Madison Park Completion Guaranty
- TEA Certified
- Escrow Agreements
- Apartment Affiliate Repayment Guaranty
- Promissory Note
What Makes this Project a Perfect EB-5 Investment?
Protection and guarantees before EB-5 Investors I-526 approval
Protection and guarantees during the job creation period
Protection and guarantees to get the EB-5 investors money back! 1
EB-5 Investor Protections and Guarantees
Behring Companies offer the best protections and guarantees available for EB-5 investment. Join as an investor and receive the strongest protections and guarantees we have ever negotiated.
I-526 Money Back Guarantee
I-526 approval guaranteed or 100% refund of capital and fees
Construction Completion Guarantee
Construction is guaranteed to be completed. Secured by the Developer’s balance sheet
Job Creation Guaranteed
Construction and indirect creation alone can meet jobs requirement 100% secured by construction completion guarantees
Corporate Repayment Guaranty
BRC loan agreements require guaranty’s such as promissory notes and Corporate Repayment Guaranty’s
Location - Oakland, California
Oakland & Emeryville Markets
Centralized access to 200,000,000 sf of San Francisco Bay Area corporate offices
Oakland has 6 BART Stations
#1 fastest office rent growth in the World (2016)
#1 city in the San Francisco Bay Area for multifamily investment (2017)
All three of our project locations are within walking distance to BART
Already Under Construction
As of September 1, 2017, Over 80+ jobs have been created throughout the Madison Park EB-5 Fund
Gallot Lofts started construction in August of 2016, and expects to be completed in December of 2017
Hollis Mews started construction in February of 2017 and expects to be completed in September of 2018
Hannah Lofts is 100% fully entitled, has filed for a building permit and is awaiting approval to begin construction
Low Immigration Risk (USCIS Approvals)
Behring and BRC have a 100% USCIS approval history2
Project creates over 431 jobs and only needs 350 to meet minimum requirement (22% jobs buffer)
Highly reliable construction based job creation evidenced through the use of the RIMS-II model
Construction Completion Guarantee, GMAX Construction Contract and a highly qualified contractor (DCI Construction) mitigate construction risk.
Low Risk Project Type - Residential
Residential apartments are naturally a preferred low-risk investment strategy for private investors
This is a strong opportunity for EB-5 investors to get a green card while investing in apartments.
Tangible risk that are easy to identify, understand and mitigate
When the economy tanks and people lose their jobs, they might not eat out as much, they might not travel and stay in hotels, but they always need a place to live.
During the financial crisis, Bay Area apartment properties actually outperformed… Not many other investments can say that.
Low Risk Investment Structure
- Loan style investments are lower risk than equity since they have fixed terms.
- Multiple protections and guarantees negotiated against Madison Park to ensure repayment.
Investments maintain an element of risk to EB-5 investors to qualify for EB-5 investment under USCIS regulation. See formal offering documents for details
- Current market is supportive of the business plan, neighboring comparable project rents for 10% more than our original targets and over 50% more than our break-even price.3
The Madison Park development team consists of property developer Madison Park Financial Corporation, architects Levy Design Partners and Baran Studio Architecture, and construction contractor Dettaglio Construction, INC (DCI).
Madison Park Financial Corporation
Madison Park (MPF) is a dynamic, full service real estate company that creates value in communities through investment, asset management, development and property management. MPF was formed in 1985 to create value through the development and management of real estate across all asset classes, ranging from multi-family and mixed-use to office, retail and industrial. MPF’s developments and projects add to the fabric of urban communities. Altogether, MPF and its fund entities own and manage approximately $400 million in assets. For more information, visit their website at www.mpfcorp.com.
Past projects such as the historic Tribune Tower, Telegraph Lofts at the site of the former Sears Roebuck store in Oakland, and Bakery Lofts at the site of the former Remar Bakery in Emeryville represent MPF’s innovative approach to revitalizing urban neighborhoods through adaptive re-use and historic rehabilitation.
More recent multi-family projects include B3 Lofts, the 79-unit third and final phase of the greater Bakery Lofts community in Emeryville, and Lampwork Lofts, a 92-unit historic rehabilitation of a former General Electric lamp plant in Oakland. B3 Lofts and Lampwork Lofts were each awarded the San Francisco Business Times’ Real Estate Deal of the Year Award for market-rate residential outside of San Francisco, in 2013 and 2014, respectively.
Levy Design Partners
Levy Design Partners is an architecture firm based in San Francisco providing complete architectural services from conceptual design to construction administration. The 35-year firm has the history and portfolio of many long term clients including private developers, large corporations, government agencies, public and private educational facilities, and non-profit organizations. These clients can attest to the firm’s ability to maintain design and production quality on complex projects and to its commitment to meeting the functional, financial, and schedule constraints that are critical to a project’s success.
Baran Studio Architecture
Baran Studio Architecture develops adaptive architectural solutions that bridge all aspects of a design problem. Their approach begins with the analysis of project components that range from environmental and use conditions to code constraints. They then look to varied disciplines that include architecture, interiors, landscape and construction as part of a comprehensive methodology. The designs respond in a wide-ranging, innovative and often unexpected manner, resulting in space and form that is creative and fresh while maintaining use and purpose. This process engenders an architecture that is of its time and simultaneously, timeless.
Dettaglio Construction, Inc., dba DCI Construction
DCI is a Bay Area general contractor whose mission is delivering excellence down to the last detail. Beginning with the origin of the name, “Dettaglio”, the philosophy of the organization revolves around delivering a product and service with extra attention to the details. Dettaglio is an Italian word which translates in English to: detail, particular, itemize, “the art of detail.” From concept through completion, they strive to deliver excellence down to the last detail. With experience spanning four decades serving multiple sectors of commercial construction throughout the greater Bay Area, the leadership team at DCI has established deep relationships by simply doing what DCI says it is going to do.
EB-5 Process Flier
Click the link below to receive our EB-5 process flier. Become an EB-5 expert, learn the steps involved in EB-5 from beginning to end.
Unfamiliar with EB-5? Get the EB-5 Process flier!
Fill the form below to receive our EB-5 process flier which outlines the steps involved in EB-5 investment from beginning to end
- Eligibility Questionnaire
- Preparing Source of Funds Report
- Subscribing to the Partnership
- Transferring Funds
- I-526 Petition Filing
- Adjustment of Status
- Submitting the I-829 Petition
EB-5 Schedule Flier
Click below to receive our EB-5 Schedule flier. Learn how long each step of EB-5 takes and begin planning out your investment today.
How Long Does EB-5 Take to Complete? Get the EB-5 Schedule Flier and Find Out!
Fill the form below to receive our EB-5 schedule flier which explains how long EB-5 investment takes to complete, step by step.
- I-526 Petition (Phase I)
- I-485 Change of Status (Phase II)
- I-829 Petition (Phase III)