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Designed to bridge a dramatic link to its oceanside environment.
1450 jobs are created for the Project with 16 jobs generated by EB-5 Investment.
+ 170 % Job Creation
The project created more than 1450 jobs, by assigning 17 positions for investment, as of now the minimum requirement of 10 jobs.
100% Completed
The Project is Fully completed and Operational.
Low Percentage EB-5 Capital
Amounting to only 17 % of the total capitalizaton of the project.
I-526 Denial Refund Guarantee
If the investor’s I-526 is denied, Developer guarantees a full return of funds.
You invest
$500K in the U.S.
(additional fees may apply)
Create 10 jobs in 2 years through your investment.
GREEN CARD
Receive a permanent Green Card after the investment is completed.
EB-5 INVESTMENT PROCESS
SUBSCRIBE
Invest USD $500,000 in a EB-5. Limited Partnership
INVEST
The EB-5 Partnership makes a loan to a job creating proyect.
CREATE JOBS
Developer builds and operates the project.
GET REPAID
Developer returns the EB-5 loan to the EB-5 Partnership in 5 years.
WRAP UP
EB-5 Partnership votes to liquidate and returns the investment to investors.
INVESTMENT RISKS: There are two primary reasons why an investor’s loan is considered “At-Risk”:
- the USCIS may rule that the project does not qualify because the jobs have not been created. In the case of The Ocean Resort Residences at The Conrad Fort Lauderdale Beach, the USCIS has already approved the project’s I-924 Exemplar. This means that the project is approved and the projected new jobs estimate is reasonable. This project’s jobs have been created, and the hotel at the project is fully open and operational.
- The investor may not be able to prove the source of funds for the $500,000 loan is legitimate. In the case of The Ocean Resort Residences at The Conrad Fort Lauderdale Beach, the project owners (Mr. Pierre Heafey and East Management, a Pegula family company) have guaranteed that any investors who are denied by the USCIS will receive a return of their investment within 120 days of the denial. Again, this is an important and unique way of reducing the risk of investment. If the I-526 is not approved, a visa will not be issued by the USCIS.
THE DEVELOPERS
Both developers are highly reputable in the business community and are so confident in the Project that they are willing to guarantee repayment of the EB-5 loan.
Under the leadership of Pierre Heafey, the Heafey Group has specialized in real estate development and management for more than 33 years. With offices in Miami and Quebec, they have developed a number of luxury North American propertes including The Ocean Resort Residences at The Conrad Fort Lauderdale, and The Hilton Bentley on South Beach. Heafey Group owns several other Hilton hotels, including the Doubletree Grand in downtown Miami and the Doubletree by Hilton, Gatneau, Canada. Heafey has purchased, managed and sold more than 3,400 residental condominiums throughout Canada and the United States.
East Management, led by the Pegula family, which has enjoyed success in the natural gas industry and owns professional football and hockey franchises. Forbes estimates that the Pegula family is worth $4.3 billion. At PSE we encourage and recognize our TEAM of employees to lead the company and each other through innovation, teamwork and a winning attitude. While always learning and progressing, our goal is to be visionaries and leaders in the sport and entertainment industry by BRINGING TOGETHER the individual resources, capabilities, and talents of each entity to CREATE a COHESIVE and SUSTAINABLE BRAND that TOGETHER REPRESENTS the Pegula family’s interest.
