Aurora Memory Care, LLC (AMC) EB-5 Project Updates July 2014

Transcription

1 2014 EB-5 Project Updates July 2014

2 Introduction We are excited to announce our latest project updates for. Construction has been undergoing over the summer and our team has made great progress in the delivery timeline. We are expecting the center to open its doors and begin welcoming AMC residents to their new home in the near future! We have been over to the building to check on progress. The foundation has been poured and it is in the midst of the framing stage. We have an amazing crew working on AMC s facility and we look forward to the completion of the construction phase. Once completed, AMC s facility will consist of a multi-story building with an approximate total square footage of 53,400. AMC s facility will be a mixed-use development comprised of assisted living and memory care units. The development will also have a street level floor slated for retail stores. 2

3 AMC Project Overview Project Overview Based on an employment impact report prepared by an expert economist, AMC is anticipating to create more than 200 jobs including direct, indirect and induced jobs by These include nurses, aides, other medical and personal care providers, physical therapy specialists and administrators. Most importantly, these people will care for and be dedicated to the residents of AMC. With an estimated 60 private units for assisted living and memory care, AMC will provide premiere lifestyle services with exceptional health care services. One important point to mention is that the AMC project is fully subscribed and the total estimated capitalization is $13 million. Community Amenities Private units with spacious floor plans Chef-prepared meals focusing on nutrition as well as presentation Lounges, sitting areas, and gathering spaces Library ready to engage your intellect and curiosity Access to paved walking paths on the Fox River Gardening areas to natural flora and fauna 24-hour licensed care staff Project Highlights Fully subscribed Facility is currently under construction in City of Aurora, Illinois Total Project Capitalization: $13M Estimated 60 Total Units Approximate Square footage: 53,400 Estimated opening date: March 2015 New Jobs expected to be created:

4 AMC Project Coverage 4

5 AMC Project Coverage 5

6 Regional Center Overview Who is CFIG? Chicagoland Foreign Investment Group, LLC ( CFIG ) is a US government designated EB-5 Regional Center. It is part of the United States Citizenship and Immigration Services ( USCIS ) Immigrant Investor Program, commonly referred to as the EB-5 Regional Center Program. The first in Illinois and the greater Chicagoland area to be chosen for this high honor, CFIG has been involved with the successful promotion of economic growth, improved regional productivity, job creation and increased domestic capital investment since In 2012, CFIG entered into a strategic cooperative agreement with American Enterprise Pioneers, Inc. ( AEP ). Who is AEP? With a primary focus on healthcare projects, particularly, assisted living facilities and memory care centers, AEP develops winning investment strategies and provides the horsepower required to produce clear, measurable and recognizable results. Part of its strength and competitive difference comes from its team of private business consultants and immigration specialists who possess both domestic and international experience. AEP has submitted the application proposal for Regional Center designation to USCIS and is currently awaiting approval for a project location in Florida. What is CFIG s specialization? Designed to engage life, created to delight residents, families and staff, Chicagoland Foreign Investment Group has built a new concept in senior living that emphasizes living and takes it to a new level. Engagement, meaning, wonder and purpose these are the guiding elements that make CFIG different. Our mission is to create intentional communities for seniors needing assisted living care services and memory care. CFIG communities encourage and promote engagement on a personal level. 6

7 Regional Center Achievements What are CFIG s and AEP s achievements? CFIG received 123 approvals for I-526 petitions as of July 18, 2014 CFIG achieved a 98% approval rate for all I-526 petitions in FY12 and FY13 CFIG achieved a 100% approval rate for all I-526 petitions submitted for Chinese investors who invested in our Assisted Living projects since FY09 till date CFIG submitted its first I-829 petitions to USCIS last year CFIG and AEP have reached over $100 million dollars in EB-5 committed funds CFIG and AEP have fully funded 8 Assisted Living EB-5 projects AEP will launch 4 new Assisted Living EB-5 projects in 2014 CFIG and AEP have expanded their designated regions to cover 6 States: o Illinois o Wisconsin o Indiana o Michigan o Minnesota o Florida (through an agreement with a Florida based Regional Center) What are CFIG s and AEP s track records? Chicagoland Foreign Investment Group ( CFIG ) and American Enterprise Pioneers ( AEP ) have seen a steady growth of investors over the years since their inception, with a current total of 238 investors. As of July 2014, CFIG has a total of 123 investors who have had their I-526 immigrant petition successfully approved. 7

8 Regional Center Achievements Chicagoland Foreign Investment Group Track Record (As of July 2014) Project Name Aurora Assisted Living EB-5 Fund, LLC Elgin Assisted LivingEB-5 Fund, LLC Wood Dale Assisted Living EB-5 Fund, LLC Wood Dale Assisted Living Expansion EB-5 Fund, LLC Golden Assisted Living EB-5 Fund, LLC Silver Assisted Living EB-5 Fund, LLC Investment Amount of Investors of Subscriptions of I-526 Approved of I-526 Pending of I-829 Filed $8,500, $12,000, $12,500, $12,000, $12,000, $14,500, RCAP, LP $7,500, Invest in USA Fund, LLC $5,000, Rose Center Finance LP $9,000, American Healthcare Fund, LLC $4,500, Total $97,500, American Enterprise Pioneers Track Record (As of July 2014) Project Name First American Assisted Living EB-5 Fund, LLC Naples Memory Care EB-5 Fund, LLC Investment Amount of Investors of Subscriptions of I-526 Approved of I-526 Pending of I-829 Filed $11,000, $10,000, Ft. Myers EB-5 Fund, LLC $16,000, Total $37,000,

9 Assisted Living Facilities What are assisted living and memory care facilities? As life expectancy rates continue to rise in the United States, along with increases in Alzheimer s and related dementia diagnoses, so does the demand for continuous care and care facilities throughout the United States. An assisted living and memory care center provides specialized care and programming for individuals with Alzheimer s or a related dementia disease. Assisted Living Facilities ( ALFs ) are a cost-efficient alternative to in home care because they primarily provide non-medically intensive support activities. An establishment that specializes in the care of residents with Alzheimer s or other forms of dementia is referred to as a memory care facility. These memory care facilities can be freestanding or can be wings or floors within a traditional assisted living facility. These communities bridge the gap between independent living and nursing homes. Some of their features include: assistance with the everyday activities, security and supervision, community activities and services including prepared meals, health services. 9

10 Contact Us Chicagoland Foreign Investment Group L.L.C. Address: 111 E Wacker Drive, Suite 555, Chicago, IL USA Tel: Website: info@chicagoeb5.com For more information on AMC and other CFIG EB-5 projects, please visit 10