Project Overview
RISE Fund is Behring Regional Center’s next-generation EB-5 investment, created in partnership with Riaz Capital to deliver a diversified portfolio of 10 multifamily and student housing projects in the San Francisco Bay Area. With over $416 million in total development costs, including $106.4 million in EB-5 financing, the Fund is designed to address the chronic housing shortage for the “Missing Middle” — workforce professionals, students, and families who are chronically rent-burdened yet underserved by traditional housing solutions. Riaz Capital’s innovative “Affordable by Design” approach ensures these projects provide high-quality, attainable housing in central urban locations.
RISE is structured for resilience, featuring smaller, faster-to-complete projects, a diversified loan portfolio, and robust investor protections including I-526 approval guarantee 1, construction completion guarantees, and membership interests / equity pledges. RISE is projected to create more than 2,700 permanent jobs — exceeding USCIS job creation requirements by over 100%. Backed by Behring’s 100% USCIS project approval history 2 and Riaz Capital’s 20+ years of East Bay development expertise (over 3,000 units managed and developed), RISE provides EB-5 investors a secure, job-rich, and socially impactful pathway to U.S. residency. RISE is designated as a High Unemployment Area (HUA) project and investors benefit from a minimum $800,000 investment level, with multiple investment structures tailored to different risk-return profiles.
Get the EB-5 Presentation Now
Learn about the RISE EB-5 Fund, our diversified 14-asset multifamily apartment portfolio EB-5 project in the East San Francisco Bay Area, California. In the presentation, you will learn about the location, the asset, the sponsor, EB-5 job creation and how the project strategy will meet investor goals.
EB-5 Market Leading Features & Advantages
Behring’s RISE EB-5 Fund is a collection of 10 multi-family apartment developments in the East San Francisco Bay Area.
Developer with Over 20 Years of Bay Area Real Estate Experience
Riaz Capital is an Oakland development and asset management company with over 20 years of development experience in the Bay Area. $752M total real estate assets, 3,000+ units under management and development, and 30% IRR across 12 exits since 2012
Diversified Portfolio of 10 Different Assets in One Fund
Behring's Riaz Portfolio EB-5 Project consists of 10 different assets in the East San Francisco Bay Area. All assets in the portfolio are expected to complete construction by 2027.
Three Investment Options To Choose From
RISE Fund offers 3 different ways to invest. Choose between low-risk mezzanine debt, a balance of risk and return with preferred equity, target higher investment returns with common equity, or blend between preferred and common equity to customize your own risk-return profile
Quick to Build, Quick to Cashflow
By leveraging an innovative design process as well as efficiency in construction, Riaz delivers assets with an assembly line construction approach, moving through the full asset lifecycle from acquisition to stabilization, in 30 instead of 72 months. Faster asset delivery means faster operational cash flows as each asset reaches the market.
Serving the "Missing Middle"
Across California, only 40% of the State’s target for units serving individuals earning 80-120% of the Area Median Income have been built. Riaz' Affordable by Design strategy focuses on urban infill sites, where it can deliver affordable units for the urban workforce that is essential to the community, including firefighters, nurses, teachers, and more.
3000+ Jobs to be Created for EB-5
The development and construction of the RISE EB-5 Fund assets will result in creating over 3,000 full time jobs for American workers. The economic study was produced by Baker Tilly, a highly respected EB-5 economist. Economic impact analysis report was conducted using the RIMS II job creation methodology.
I-526 Money Back Guaranty
We guaranty that the I-526 petition will be approved or the Investor will receive a 100% refund of their investment and administrative fee. We currently have a 100% approval history on all USCIS adjudicated petitions.
Completion Guaranty
Completion guarantees for our EB-5 program are absolutely required on all projects. This protection all but ensures delivery of the asset, exceeding the EB-5 jobs requirement and EB-5 investors achieving their permanent green cards.
Investor Protections & Guaranties
All Behring EB-5 projects come with various EB-5 investment protections and guarantees. USCIS does not allow Risk-free but we get as close as regulations allow us to. Contact Behring for the full menus of offering terms.
