CITY VIEW Court. Premier Regional Center EB5 Project

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1 CITY VIEW Court Premier Regional Center EB5 Project

2 1 Introduction

3 City View Court

4 City View Court HIGHLIGHTS Its an Entire city block 2 blocks from the light rail station Vibrant downtown retail and restaurant scene Highly experienced developer and general contractor partnership KEY FINANCIAL METRICS Ground Up development of 12 story building totaling Gross leasable commercial of 45,000 Square Feet Net square Feet approximately 230, Market rate multifamily condominium units High end interior finishing and amenity package 5th floor with Podium, Club house, swimming pool, hot sauna, gym, business center and much more

5 1 Introduction The property is located in Downtown Houston, commonly known as ( EADO ) and provides 1.5 Acres of developable land. Based on in place zoning, the property will yield 156 market rate condominium units to be built over 7 stories over 4 stories of parking with a 45,000 Square Feet of Commercial leasable space on the first floor. 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 2018, 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.

6 Advantages of Our Project Houston ranks one of the fastest developing city in US by Forbes. Downtown Houston has implemented a tax incentive program to encourage residential development of the Downtown area of Houston. The project is eligible for the program and has been approved by the Downtown Living Initiative board. The program will provide reimbursement of 75% of the increase in property tax revenue associated with the development up to $15,000 a unit in a 15 year period. Our Economists have determined that 732 jobs will be created for this project. The economic impacts were derived using RIMS II Houston final demand and direct effect multipliers.

7 2 Capital Stack EB-5 Investors 42 EB5 Investment 550,000 (Including 50,000 Administration Fee) $550,000 EB-5 Investment 21,000,000 Total Project Cost 68,760,000 Bank Loan Owner (Premier Regional Center) EB-5 Fund Owner Equity 10% EB5 Jobs Requirement 420 Jobs Creating 732 Exit Strategy 1. Sale 2. Refinance $7 Million(USD) US$ 7 million has been invested to the project

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9 2 Official Documents Regional Center Approval Letter Targeted Employment Area Confirmation Supporting Letter from Houston Council Members Supporting Letter from EoDa Community Certificate of Congressional Recognition

10 3 Why Choose Houston 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. After financial crisis, Houston provides a lot more jobs than other US cities.

11 HOUSTON, TEXAS USA Best City in America (Business Insider) BEST BUY CITIES: WHERE TO INVEST IN HOUSING RD FASTEST GROWING CITIES st METRO AREAS WITH THE MOST NEW 1 ST

12 Great Houston Overview 23 Fortune 500 companies are headquartered in Houston Top City for Global Trade Fastest Real GDP Growth Among Large MSA s Houston - Largest Numeric Population Increase Best Public School System in US Best Hospital for Cancer The Energy Capital of the World Top Metro of 2014

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14 2 EB5 Immigration Timeline

15 1 Step 1 (1-2 Months) Step 2 (6-12 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. United States Citizenship and Immigration Services grants approval of investor I-526 application. Upon approval investor will receive conditional green card. 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. Immigration Timeline 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.

16 2 Step 3 (21-24 Months) Last Step (2-4 months) 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. Immigration Timeline

17 3 AD Builders & Developers

18 AD Builders & Developers Holiday Inn Total Capital Invested to Date: $18 million Gross Asset Value: $24 million Apartment Total Capital Invested to Date: $68 million Gross Asset Value: $80 million Shopping Mall Total Capital Invested to Date: $23 million Gross Asset Value: $32 million Premier Regional Center

19 The Past Projects Medical Center 2-story, 49,000 square feet of office space with pharmacy Hotel 6-story, 210 rooms Single Family House/Town House 305 houses in Hall Park place and Windmill Villas Office Building 80,000 square feet space Church & School One Church & Two Schools Gas Station 6 EXXON gas stations in Corpus Christi Shopping Plaza 6 shopping plazas, with 180,000 square feet

20 Current Projects City View Court I Total Cost: 68,760, Condominium with 45,000 square feet retail City View Terrace II Total Cost: 107,000,000 High-rise condominium with 85,000 square feet retail Westin Resort Hotel Total Cost: 60,888,000 Galveston, Texas 300 Rooms /Restaurant Shopping Center Total Cost: 8,000,000 Pearland, Texas 38,000 square feet retail & 4,000 square feet restaurant space

21 Premier Regional Center Team Abdul Ray Dawood Dansi Kurban Michael Kester Charles C. Foster Robin Cavinder Nash Principal Managing Director EB-5 Economist Immigration Lawyer Chief Operating Officer 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. 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. Impact DataSource provides highquality economic research specializing in economic and fiscal impact analysis and cost benefit analysis, having conducted more than 2,500 analyses of firms, projects, new subdivision and other development. Foster LLP is the nation s second largest immigration law firm. Foster LLP is well recognized for providing top quality legal services to its clients. Charles is ex-president of the American Immigration Lawyers Association and currently sits on its board. Robin Cavinder-Nash chief executive officer (CEO) of Nobe Nash, INC. is the executive in charge of total management of a new and diverse services organization, and professional service group specializing in restoration, construction, renewables and prevention and mitigating loss as pertaining to the Insurance Property Loss industry. She joined Premier Group as Chief Operating Officer in Premier Regional Center

22 Premier Regional Center Team zameer upadhya Christian Triantaphyllis John Ricks Tim Liu Chief Investment Officer Immigration Lawyer Chief Financial Officer Legal Counsel Zameer began his career with Johnson & Johnson as a Financial Analyst in their prestigious Financial Leadership Development Program. While at Johnson & Johnson he had increasing responsibilities including support of a $120MM Research and Development budget, $180MM Regulatory Affairs Budget, Sales Forecasting for a $3.2B Biotechnology Operating Company, and License and Acquisition due diligence for the Biotechnology sector. Zameer was also recognized by the Houston Business Journal with an honorable mention on their 40 under 40 list of professionals. Member, State Bar of Texas Member, American Immigration Lawyers Association Member, Houston Bar Association Member, New York County Lawyers Association Member, National Peace Corps Association John Ricks holds a B.S. in Chemistry and an MBA in Finance, both from the University of Houston. He has more than 25 years of experience in the energy industry and has spent several years as an Adjunct Professor of Finance in the Graduate School of Business at the University of Phoenix (Houston). He currently serves on the Board of Directors for the National Black Chamber of Commerce. Tim Liu graduated from Peking University and got his law degree from University of Houston. He has Over 20 Years Experience In Immigration and Nationality Law. Member, American Immigration Lawyers Association Premier Regional Center

23 US Chamber of Commerce small business meeting in DC with congressman Peter Roskam, Thomas J. Donohue & Vice President of US Chamber of Commerce Randel K. Johnson Congressman Peter Roskam Small Business meeting at US Chamber of Commerce Building Vice President of US Chamber of Commerce Randel K. Johnson Premier Regional Center

24 Contact Us 101 Parklane Blvd, Suite103, Sugar Land, Texas (USA) G/L Maison Garden Building,2C-2E, Wing Hing Street Causeway Bay,Hong Kong (Asia) Phone: Fax : dansi@eb5hou.com