HOUSTON EB-5. LUXURY MID-RISE APARTMENTS Investment Property Opportunity SPECIALISTS

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1 HOUSTON LUXURY MID-RISE APARTMENTS Investment Property Opportunity SPECIALISTS

2 OVERVIEW PREMIER MID-RISE APARTMENTS Project Summary The project will consist of 336 units in a 12-story building. The plan comprises 5 floors of parking with 7 floors of residential units above. This mid-rise urban complex will have 270,018 sq. ft. of restaurant space; 22,926 sq. ft. of retail space; and 22,925 sq. ft. will be dedicated to luxury apartments. City View Terrace is being developed in partnership with Premier Houston Developers, a Houston based multifamily developer founded in Property Location The site is located in downtown Houston near the northeast intersection I-45 & Hwy 59. The site is within close proximity to the Toyota Center, BBVA Compass Stadium, Minute Maid Park, Theater District and all of the downtown entertainment and hospitality venues. With over 800 million dollars in commercial development to be completed by 2017, the current residential unit capacity in downtown will fall short of satisfying the ever-growing demand. For this reason the City of Houston is welcoming needed residential projects like City View Terrace. Location Houston, Texas USA Developer Premier Houston Developers Investment $500,000 (USD) Administration $50,000 Term 5 Years Interest Rate 4% INVESTMENT Photo by G. LYON PHOTOGRAPHY, Inc

3 RESIDENTIAL/RETAIL/RESTAURANT PREMIER AMENITIES Start Second Quarter 2015 Completion Second Quarter 2017 Height 12 Stories Parking 5 Stories Designated Use Residential Retail Restaurant Residential Retail Restaurants 270,018 SF 22,925 SF 22,926 SF 336 Residential Units 1 or 2 Bedrooms Photo by G. LYON PHOTOGRAPHY, Inc RESIDENTIAL / RETAIL / RESTAURANT LUXURY LIVING Houston is home to 23 Fortune 500 companies. 5 6

4 IF HOUSTON WERE AN INDEPENDENT NATION, IT WOULD RANK AS THE WORLD S 30TH TIME LINE LARGEST ECONOMY TRAVEL INITIAL PROCESS 1 TO 2 MONTHS 6 TO 12 MONTHS 21 TO 24 MONTHS 2 TO 4 MONTHS Investor submits non-binding Indication of Interest agreement and Investor Suitability Questionnaire to Premier Regional Center. Pending approval, investor receives the Confidential Private Placement Memorandum. Investor signs and returns all documentation, including subscription agreement. Investor submits investment of $500,000, plus $50,000 administrative fee, to Premier Regional Center escrow account. Investor meets with Immigration attorney on I-526 application. Investor files I-526 visa application with The United States Citizenship & Immigration Services (USCIS). The USCIS provides Premier Regional Center with a receipt for investor s I-526 application. Upon receipt from USCIS, the $500,000 investment will be transferred to partnership account. United States Citizenship and Immigration Services grants approval of investor I-526 application. Upon approval investor will receive conditional green card. Investor files I-829 application to remove conditional status and receive a permanent green card. Regional center must prove job creation on investor s behalf. Once approved, conditional status of green card is removed and green card becomes permanent. Investor can apply for citizenship 5 years after receiving permanent green card. 7 8

5 TOTAL PROJECT COST $60 MILLION EXPERTISE Premier Houston Developers Equity 40% Owner Equity 20% Owner Equity $12M 20% Premier Houston Developers (PHD) have been in the development/construction business since The focus of this company has been on property development in the commercial real estate sector and we have proudly completed more than 100 projects since inception. The focuses of these projects have been in the Greater Houston market and surrounding areas, primarily focusing on multi-tenant, retail centers, gas stations, warehouses, office buildings and land development. Over the past years, PHD has become a respected name in the real estate community, and has grown from a single asset manager to multiple mixed assets to the value of more than two hundred million dollars. Equity $24M 40% Why Premier Houston Developers Construction Loan 40% Job creation: Our Economists have determined that 700 jobs will be created for this project. The economic impacts were derived using RIMS II Houston final demand and direct effect multipliers. This is sufficient to meet the investor jobs requirement and provides a very safe 45.8% cushion for job creation, as we are only requiring 480 jobs for this project. The site has also been approved as a TEA by the City of Houston. Investment: investors will purchase $500,000 partnership interests in the partnership. Funds will serve as additional equity capital to the partnership that will be deployed for hard construction costs. EXIT STRATEGY 4% preferred return 5 year term Exit strategy-sale or refinance of multifamily complex Construction Loan $24M 40% Millons Sale Price $80M Our combined passion for Real Estate and our commitment to deliver clients projects On-Time, In-Budget and exceed Quality expectations. With several years of experience in all facets of Residential & Commercial Construction, our in-house team of professionals become your trusted partner through the entire process from concept, design, build & completion. Quality is a culture and not just a standard. Its principles are embedded throughout our entire organization from our executive team to our in-house craftsmen highly trained to apply these principles to serve you better. We do more than just build buildings we design experiences and create places. As developers, we have the ability to listen to a market and determine what s possible. It s because of our unique expertise that we are positioned to optimize the use on a site and develop a customized product. PREMIER CITY VIEWS 30 $24M

6 OPPORTUNITIES Houston has a museum district with a range of museums, galleries, art and cultural institutions. Texas is the second most populous state in the United States. Its economy is the second biggest in the United States and the 13th biggest in the world. Houston is the largest city in Texas and the 4th largest city in the United States. Houston is the home of NASA (National Aeronautics and Space Administration). All mission control and training takes place in NASA s Houston Headquarters. Home to more than 5,000 energy related firms. Houston is considered by many as the Energy Capital of the world. 24 U.S. Fortune 500 companies are headquarter in Houston. Fortune Magazine and CNN ranks Houston #7 in the world with most number of Global Fortune 500 headquarters. The Port of Houston ranks first in the United States in international waterborne tonnage handled and second in total cargo tonnage handled. It is the tenth largest port in the world. The U.S. Department of Commerce, International Trade Administration recorded Houston as being the top export city in the U.S. 30 miles of Light Rail transits to and from Texas Medical Center, which is home to the largest concentration of Researchers, physicians and medical professionals in the world. More than 4.8- million patients visit the center s 49 medical research and academic institutions each year. It performs more heart surgeries than any city in the world and US News and World Report consistently ranks its MD Anderson Cancer Center #1 in the world in cancer research and treatment. Other esteemed facilities include Texas Children s Hospital and Baylor College of Medicine. The area will continue to grow, as new hospitals, clinics, research centers and office spacestotaling more than $7-billion are currently being planned. Houston has professional teams representing football, baseball, mens basketball, soccer, and AHL hockey. COMMERCE Over 100 universities/colleges in the state of Texas with Houston being home to Rice University s ranking 19 in the 2015 edition of Best Colleges is National Universities, Baylor College of Medicine ranking top 15 in medicine, and the University of Houston ranking top 3 in entrepreneurship and hotel management. WORK / EDUCATION / LIVE GROWTH 11 12

7 Houston is the fourth most populous city in the United States. CULTURE DIVERSITY Recently named by the New York Times and The Kinder Institute of Urban Research of Rice University as the most culturally diverse city in America, Houston represents the American way of welcoming immigrants of diverse backgrounds and cultures. Not only is Houston America s gateway to Latin America, its Chinatown is geographically the largest in America. Houston is also unique in that it hosts a Vietnam town, Hong Kong, and Little India. 22 acres of park space per 1,000 residents (National average 12.4 acres) Houston residents have many opportunities to lead a healthy and active outdoor lifestyle. Memorial park and George Bush Cullen Park both host State protected Nature reserves with walking and biking trails. The City is currently undertaking a 58 million dollar renovation of the Buffalo Bayou Park river system that runs through the city. Photo by G. LYON PHOTOGRAPHY, Inc ENJOY Houston has teams in every major professional sport, including the Houston Astros (MLB), Houston Texans (NFL), Houston Rockets (NBA), and Houston Dynamo (MLS), Houston Dash (NWSL). Minute Maid Park (home of the Astros) and Toyota Center (home of the Rockets) are located in downtown Houston contributing to an urban renaissance that has transformed Houston s center into a day-and-night destination. Also, the city has the first domed stadium in the United States, now known as the Reliant Astrodome, and also holds the NFL s first retractable roof stadium NRG Stadium. Other facilities for major league teams in Houston include BBVA Compass Stadium, a soccer-specific stadium. SPORTS ENTERTAINMENT 13 14

8 PREMIER REGIONAL CENTER EXPERTISE EXPERIENCE Dansi Kurban, Managing Director Kimberly Davis, Executive Director of Marketing DEDICATION Every day, our team is focused on creating enduring investments and remarkable places that enrich people s lives. Premier Regional Center continues to focus on investment opportunities across all asset classes, which offer a differentiated experience and thus create stronger consumer demand and investment returns. We are dedicated to providing value and ensuring client satisfaction by understanding that a successful business focuses on understanding the needs of its clients. Premier Regional Center understands the immigration concerns of its foreign investors, the overall complexity of the Program, and the various components of prudent project. Throughout the course of the project, Premier Regional Center s team of professionals will work diligently to provide assistance at various stages of the Program application process. As a partner, the Premier Regional Center s team will: Help answer questions throughout the Program process Work with immigration attorneys to assist you with your petition Keep detailed project and investment documentation, demonstrating that you have fulfilled all the requirements for the I-829 petition Provide regular reports regarding the progress of the project, job creation data and the status of your funds Abdul Ray Dawood, Principal Mr. Dawood holds a Bachelor s degree in Accounting from the University of Karachi and a Master s degree in Economics from the University of Houston. Abdul serves as the President and CEO of AD Builder & Developers, Inc., a company that has planned and developed 20 residential communities throughout Texas and has a portfolio worth $400 million dollars. As Founder & Principle, Abdul has over 25 years of experience in all facets of real estate in commercial and residential projects, including but not limited to: acquisition, disposition, construction, real estate investment, building and development. Premier Regional Center will provide assistance with your application. Ms. Kurban provides overall strategic and operational responsibility for all projects while implementing new programmatic strategic initiatives. Dansi has 12 years of experience in the real estate development industry, with an educational background in real estate. Dansi has worked closely with the Middle Eastern markets and is well versed in international business techniques. She received her Bachelor s degree from Rice University, and fluently speaks English, Turkish, and Mandarin Chinese. Lily Feng, Director of Marketing, Asia Ms. Feng holds a Bachelor s degree in Banking and Finance from China Xiamen University and M.B.A in Accounting from Troy University, Lily specialties are financial analysis in real estate including valuation, international properties consulting and acquisition. Mark J. Kluckman, Senior Project Manager Mr. Kluckman holds a Bachelor s degree in Architecture from Texas A&M University. Mark has a real passion for developing real estate and specializes in construction project management. In his decade of experience and expertise in pre-construction design and development to full construction includes, commercial office buildings, warehouses, banks, restaurants, retail shopping centers, industrial, municipal projects, institutional hospitals, churches, and schools. Ms. Davis holds a Bachelor s degree in Interdisciplinary Studies with a minor in Social Science from Texas A&M University. She is an innovative and dedicated professional with extensive experience in marketing, managing projects, and training in a wide variety of industries. Always exceeding employer and client expectations, she has a gifted ability to market, sale and raise money to all levels of management including C-level executives. She joins our company with a long and successful track record in being in the top for setting productivity records, developing tactical sales and fund-raising plans. Kimberly looks forward to continuing to increase market shares and grow Premier Regional Center. Rayaan Arif, Chief Investor Relations Rayaan Arif is Chief Investor Relations for Premier Regional Center and COO for Premier International Reality. Mr. Arif is responsible for the strategic client management communication and investment compliance, both which enable the most effective business relation between investors and company. Rayaan has over 20 years of real estate and financial consulting, as well as extensive experience in recruiting and lending. He has managed a portfolio of distressed assets, both residential and commercial, and has successfully overseen implementing acquisitions, dispositions and exit strategies. Rayaan is founder and CEO of Fundingtree.com, a membership directory of banks, lenders and real estate professionals. He has also held positions at Wachovia Bank, Wells Fargo and Eastman Kodak, amongst others

9 IMPORTANT PAPERS Limited Partnership Agreement Escrow Agreement IMMIGRATION CITY OF HOUSTON AGREEMENT OF LIMITED PARTNERSHIP OF PRC FUND I, LP ESCROW AGREEMENT THIS AGREEMENT OF LIMITED PARTNERSHIP of PRC FUND I, LP (the Agreement ) dated as of March 31, 2014 (the Effective Date ), is entered into by and between PRCHOU LLC, a Texas limited liability company, as general partner ( General Partner ), Abdul R. Dawood, a natural person, as the original limited partner of the Partnership(the Original Limited Partner ), and each Person (as defined herein) admitted to the Partnership as a limited partner from time to time pursuant to this Agreement who (a) executes and delivers a counterpart signature page of this Agreement which counterpart signature page is accepted by the Partnership and (b) is identified in the records of the Partnership as a limited partner of the Partnership (each such Person, a Limited Partner ). The General Partner and the Limited Partners are hereinafter sometimes referred to collectively as the Partners and each of them individually as a Partner. WITNESSED WHEREAS, the General Partner and the Limited Partners wish to form a limited partnership pursuant to the Texas Limited Partnership Law, as amended from time to time, by having filed a Certificate of Limited Partnership with the office of the Secretary of State of the State of Texas and entering into the Agreement; NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and intending to be legally bound hereby, the parties hereto do hereby agree as follows: ARTICLE I DEFINITIONS 1.1 Definitions. The following terms used in this Agreement shall (unless otherwise expressly provided herein or unless the context otherwise requires) have the following respective meanings: Act means The Texas Limited Partnership Law, Tex. Bus. Org. Code. Chapters 151, 153, and 154 and the provisions of Title 1 and Chapter 152 to the extent applicable to limited partnerships as it may be amended from time to time, and any successor act. Adjusted Capital Account Deficit means, with respect to any Limited Partner, the deficit balance, if any, in such Limited Partner s Capital Account as of the end of the relevant fiscal year, after giving effect to the following adjustments: This Escrow Agreement (the Agreement ) is made this 22nd day of January, 2015, by and between PRC Fund I, L.P., a Texas limited partnership (hereinafter called the Company ), and Post Oak Bank, N.A. a national banking association (hereinafter called the Escrow Agent ). WHEREAS, pursuant to the terms of the subscription agreement between the Company and each investor in the Company (each, an Investor ), the Investor is required to deposit a capital contribution in the amount of $500,000 (the Capital Contribution ) into an escrow account held by the Escrow Agent (the Escrow Account ). WHEREAS, the Company and each Investor has requested Escrow Agent to be engaged as an escrow agent to receive, hold and disburse the Capital Contribution in accordance with the terms and conditions hereof, and Escrow Agent has so agreed; WHEREAS, the Escrow Agent and the Company now desire to enter into an agreement governing the terms and conditions of the escrow of the Capital Contributions; NOW THEREFORE it is agreed: 1. Definitions All capitalized terms used herein and not otherwise defined shall have meanings ascribed thereto in the subscription Agreement. 2. Currency All dollar amounts expressed herein are in the lawful currency of the United States of America. 3. Appointment of Escrow Agent; Escrow Agent Fee The Escrow Agent is hereby appointed to act, and the Escrow Agent to act, as escrow agent in accordance with the terms and conditions of this Agreement. The Escrow Agent shall be entitled to compensation for its services as stated in the fee schedule attached hereto as Exhibit A (the Escrow Agent Fee ), which shall be paid by the Company. 4. Capital Contribution The Company shall deliver each Investor s Capital Contribution in the amount of $500,000 to the Escrow Agent by certified or cashier s check or by wire transfer of funds with directions to deposit said funds in the Escrow Account. The Escrow Agent hereby agrees to hold the funds deposited in the Escrow Account in a non-interest bearing account, which shall be designated as the PRC Fund I, L.P. Account. City of Houston City of Houston Mayor s Office of Economic Development Unemployment Estimates for Selected Census Tracts in Travis County Based off of Census-Share Calculations and BLS 2013 Annual Average for Travis County Census Tract Labor Force Employment Unemployment Level Unemployment Rate Census Tract ,215 1, % Census Tract % Census Tract % Combined Area 2,830 2, % Annise D. Parker Mayor Gwendolyn Tillolson Deputy Director P.O. Box 1562 Houston, Texas T F December 1, 2014 USCIS Headquarters, Immigrant Investor Program 20 Massachusetts Ave, N.W. 8th Floor, Mailstop 2235 Washington, DC RE: 2616 Clay St. Houston TX Dear USCIS Headquarters, Immigrant Investor Program: On behalf of Mayor Annise D. Parker of the City of Houston*, authority from Governor Rick Perry of the State of Texas** and pursuant to Code 8 of the Federal Regulations, Section 204.6(i), this letter will confirm that the site 2616 Clay St., Houston TX does qualify as an Targeted Employment Area (TEA) with an unemployment rate of 11.7%. The unemployment data calculations used are the 2013 annual averages as reported by the Bureau of Labor Statistics, the 2013 annual average unemployment by county and American Community Survey 5-year estimates. In 2013, the national unemployment rate averaged 7.4%. Therefore, individual census tracts or an aggregation of census tracts with an unemployment rate of 11.1% or greater (150% of the national average or greater) or higher qualify as a TEA. Accordingly, Global Century Development & Premier Regional Center and all of the aforementioned political geographic subdivision is located within a Targeted Employment Area, and as such is qualified to accept investments at the $500,000 level, as provided by the Immigration Act of Sincerely, U.S. Citizen and Immigration Services Fei Boa Zhang & Associates, P.C Bellaire Blvd. Houston, Tx Re: September 22, 2014 Abdul Dawood Premier Regional Center, LLC 7324 Southwest Freeway, Suite 995 Houston, TX U.S. Department of Homeland Security Immigrant Investor Program Mailstop 2235 Washington, DC U.S. Citizenship and Immigration Services Application: Form I-924, Application for Regional Center under the Immigrant Investor Pilot Program Applicant(s): Premier Regional Center, LLC Re: Initial Regional Center Designation Premier Regional Center, LLC RCW / C ID This notice is in reference to the Form I-924, Application for Regional Center Under the Immigrant Investor Pilot Program that was filed by the applicant with the U.S. Citizenship and Immigration Services ( USCIS ) on November 8, The Form I-924 application was filed to request approval of initial regional center designation under the Immigrant Investor Program. The Immigrant Investor Program was established under 610 of the Department of Commerce, Justice and State, the Judiciary, and Related Agencies Appropriations Act of 1993 (Pub. L , Oct. 6, 106 Stat. 1874). I. Executive Summary of Adjudication Gwendolyn Tillotson Deputy Director Effective the date of this notice, USCIS approves the Form I-924 request to designate Premier Regional Center, LLC as a qualifying participant in the Immigrant Investor Program. Attachments - * Letter from Mayor Annise D. Parker dated March 22, 2013 ** Letter from Governor Rich Perry dated October 24, 2011 II. Regional Center Designation Council Members: Brenda Stardig Jerry Davis Ellen R. Cohen Swight A. Boykins Dave Martin Richard Nguyen Oliver Pennington Edward Gonzalez Robert Gallegos Mike Laster Larry V. Green Stephen C. Costello David W. Robinson Michael Kubosh C.O. Brad Bradford Jack Chrisitie Controller: Ronald C. Green PREMIER AGREEMENT If Houston were an independent nation, it would rank as the world s 30th largest economy

10 HOUSTON AMERICA S #1 CITY FASTEST GROWING CITIES ST BEST BUY CITIES: WHERE TO INVEST IN HOUSING RD METRO AREAS WITH THE MOST NEW CONSTRUCTION 1 ST Photo by G. LYON PHOTOGRAPHY, Inc HOUSTON SPECIALISTS LUXURY MID-RISE APARTMENTS Investment Property Opportunity 19

11 HOUSTON LUXURY MID-RISE APARTMENTS Investment Property Opportunity SPECIALISTS