Wealth Builder
Common Equity Investment
- Highest Earning Profile
- Joint Venture Style Terms
- Wealth Building Targets
- Various Liquidity Options
- Retrogression Mitigation
- Redeployment Mitigation
Download the Presentations
Learn about our “Wealth Builder” investment profile that invests in the form of common equity. This “joint-venture” style investment structure is has the highest return targets and EB-5 investors may participate in the ownership, cash flow and appreciation of the investment assets going forward.
Features & Advantages
The 1900 Broadway Project (“Project”) is a new trophy quality 39-story, 452 unit mixed-use residential and retail development in Oakland, California.
Legacy Fund Investment
The “Wealth Builder” common equity units are offered in our Legacy Fund (BRC Legacy Partners LP), an institutional quality investment option that offers immigration benefits while building generational wealth for investors.
Build Generational Wealth
Developing a portfolio of rental apartments held long term allows investors to benefit from cash flow and asset appreciation over time; it is the same strategy used by financial institutions worldwide including REIT’s, pension funds, insurance companies.
World Class Residential Assets
The Fund focuses specifically on multifamily apartment or mixed use developments in top tier cities next to permanent demand drivers such as transit, education or healthcare.
15% IRR Return Target
Underwriting for each asset in the Legacy Fund must reach a projected 15% IRR to investors after fees to qualify for investment. Each project requires a 30-point Due Diligence checklist to be satisfied along with 3rd party requested reports to qualify.
5 Year Term – Liquidity Options
Investors in our Legacy Fund have an EB-5 compliant redemption program. It allows investors to apply to liquidate their investment in whole or in part after their 5-year initial term has expired.
10% Preferred Return
Incentives are aligned between partners whereas common equity investors earn a 10% preferred return prior to any carried interest or incentive compensation is paid to the General Partner.
Traditional & EB-5 Eligible
The “Wealth Builder” profile is available to traditional investors or EB-5 investors targeting immigration benefits. Request the official offering documents for details.
Redeployment Solution
The Legacy Fund investment scope is highly defined and targeted toward residential mixed use projects, just like EB-5 investors wanted. We remain focused and don’t bounce around and wander into businesses we do not have expertise in.
Beat Retrogression (Backlogs)
Opportunity costs can be severe for EB-5 investors from retrogressed markets. Investors can generate wealth while they are forced to wait for their I-526 priority dates to become current.
I-526 Money Back Guarantee
If the I-526 petition is denied, 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
All Behring EB-5 projects come with set EB-5 investment protections. To qualify for EB-5 investment, USCIS requires the project be “At-Risk”, but through project selection and legal structuring, we mitigate risk as much as possible.
Videos & Seminars
Downloads
downloadCommon Equity Overview Deck
Download our Wealth Builder (common equity) presentation to learn about the detailed strategy and opportunity created by common equity investment
Common Equity Overview Deck
downloadBehring EB-5 Overview Deck
Download the an introductory deck explaining Behring Investments
Legacy fund EB-5 Overview Deck
EB-5 Personal Investment Planning
A 5-minute call can save you 5 days of worthless internet browsing and misleading articles about EB-5, its potential and limitations. Our team of experts you will have access to includes in-house immigration attorneys, developers, investment bankers and more. Make an appointment for free and get the expert help you need.
What You Will Learn
- Are you eligible for EB-5?
- What are the requirements for EB-5?
- Is EB-5 your best path to a greencard?
- What are the cost and fees for YOUR case?
- Learn about the Schedules and Timelines for EB-5
- How to find steep discounts to fees
- What is an EB-5 Regional Center and how do they help?
LEARN ABOUT ALL OUR PROFILES
COMMON EQUITY
Equity Partner
10%
Preferred Return
15%
IRR Target
Get the full vault of 1900 Broadway Documents
Due Diligence Checklist
- Business Plan
- Economic Analysis “Job Study”
- Target Employment Area Certification
- USCIS Regional Center Approval Letter
- Private Placement Memorandum
- Subscription Agreement
- Limited Partnership Agreement
- Rent Market Study
- Finished Value Appraisal
- Financial Analysis
- Competitor Analysis
- Land Appraisal
I love this EB-5 project, now what?
STEP 1
Verify your eligibility with our Team
1. Offer icon links for Chat desk, Calendly, Form Questionnaire,
2. Verify accredited investor statusSTEP 2
View project materials
(EB-5 Information deck, project slide decks, seminar video,I-526 package)
STEP 3
Subscribe to investment
STEP 4
Hire Immigration Attorney
STEP 5
File I-526 petition with USCIS
Ready to get started? Let’s discuss 1900 Broadway together.
Top 10 FAQs
EB-5 is an investment based immigration program where foreign investors who invest in the United States and create jobs for American workers can apply for permanent residency or a “Green Card“.
• An immigrant investor who invests $1,050,000 (or $800,000 in a target employment area) and creates 10 jobs for American workers can achieve permanent residency (or green card) for themselves and qualifying family members. To qualify as an “investment” the investor’s project is required to have risk.
• The program has various requirements and stipulations such as how the jobs are counted, what documentation needs to be provided and more. There are 2 styles of investment, investing directly or through a federally-designated Regional Center. When investing directly, the investor makes a direct investment into a job creating company.
• A USCIS approved Regional Center is a vehicle that has gone through a sort of pre-approval process with USCIS. The Regional Center pilot program’s core purpose is to make the EB-5 investment process easier for the investor, more streamlined for USCIS approvals, and further promote U.S. economic growth. The Regional Center essentially can take all the management and job creation responsibilities out of the hands of the investor. The Regional Center is a powerful job creating entity that is granted the capability to pool multiple investors together like a “fund” and create jobs in multiple direct and indirect capacities.
• Most regional center projects are in Target Employment Areas, allowing the EB-5 investors to take advantage of the lower investment threshold. Most EB-5 investments made today are invested through EB-5 regional centers.
You choose the Regional Center and the Regional Center ensures the project is EB-5 compliant.
• When investing through an EB-5 regional center, an EB-5 petitioner will usually invest into a limited partnership fund established specifically for that chosen EB-5 project. This limited partnership fund then issues a loan to the EB-5 project developer.
• The limited partnership fund functions similarly to a private bank issuing construction loans. There is usually some collateral offered to the fund by the project developer, such as an equity pledge or corporate guarantee to ensure the debt is repaid. A good analogy is home mortgages; if you have a mortgage and fail to make payments, the bank that issued you debt would foreclose on the property and initiate a sale to reclaim funds.
• Through this loan, the project developer demonstrates job creating activity through their budget expenditures on the project.
• In the case of real estate based EB-5 projects, once construction completes the developer will operate the project until the project has reached stabilized occupancy and then the project is refinanced or sold. The EB-5 limited partners are then repaid from the proceeds of the new long-term debt or sale at the end of their individual investment terms.
• EB-5 Limited Partnerships sometimes take equity positions in real estate investment funds. Contact Behring Companies to learn more about what equity investments are available.
The EB-5 investor’s spouse and unmarried children under the age of 21 are eligible to receive immigration benefits
• One important thing to note, the Childhood Status Protection Act (CSPA) helps to protect children of EB-5 petitioners against long petition processing times. The child’s age “freezes” at the time of I-526 application, meaning that once the I-526 petition is approved, the time the I-526 petition spent processing is subtracted from the child’s age.
• Keep in mind, the child’s age will “unfreeze” after I-526 approval, so the child may still age out if there is additional wait time prior to filing adjustment of status.
• Schedule a call with a Behring Companies’ EB-5 expert to evaluate your child’s risk of “aging out”.
When investing through an EB-5 regional center, there are only two primary eligibility requirements for EB-5 investment:
1.Having $800,000 available for investment that meets USCIS requirements
2.Meeting the Accredited Investor requirements established the Securities and Exchange Commission (SEC)
Learn more about the source of fund requirements by USCIS for your $800,000 investment by clicking here.
Learn more about being an accredited investor by clicking here.
An accredited investor is a person who is permitted to purchase securities that are not registered with the Securities and Exchange Commission. They are entitled to such privileged access if they satisfy at least one of the following requirements:
- Have a net worth of at least $1,000,000, excluding the primary residence. This net worth calculation can include assets held outside of the US.
- Have an annual gross income more than $200,000 for each of the last two calendar years. This requirement is raised to $300,000 when considering the joint income of a married couple. If either spouse individually earns $200,000, the couple does not need to consider their joint income for the requirement.
In the U.S., the term is used by the Securities and Exchange Commission (SEC) under Regulation D to refer to investors who are financially sophisticated and have a reduced need for the protection provided by regulatory disclosure filings.
If you are not certain that you can meet the accredited investor requirement, schedule a complimentary EB-5 consultation with one of our EB-5 experts to determine your eligibility and to learn how you can have your accredited investor status verified.
The cost of EB-5 investment is variable depending on several factors including (1) which regional center the EB-5 investor engages, (2) the law firm the EB-5 investor engages, and (3) the number of individuals that immigrate via the EB-5 investor’s petition.
The following is a general cost estimate for EB-5 investment through a regional center:
- I-526 Stage: $84,840
- I-485 Stage: ~$5,925
- I-829 Stage: ~7,425
- Total Cash Needed: $98,190
In some cases, there are administrative discounts available to investors, schedule a complimentary EB-5 consultation to get quoted a cost estimate for your EB-5 investment and to receive an itemized cost breakdown.
EB-5 Petition processing time estimates as of October 2018:
- I-526 Petition processing time: 20.5 to 26.5 months
- I-485 Petition processing time: 10 to 24.5 months (variable depending on chosen field office or service center)
- I-829 Petition processing time: 30 to 39 months
Residents from China, India, and Vietnam can expect additional processing time after I-526 approval, prior to filing for adjustment of status, due to visa retrogression. Contact us to schedule a complimentary consultation to get a time estimate based on the details of your own situation.
Jobs can be documented in two ways; direct employment or indirect employment. Regional Centers simplify job creation because we can use direct and indirect jobs.
• Direct employment involves hiring individuals directly, paying a salary, benefits, and tracking employment related documents such as W-2s and tax returns. If direct employment is being considered for EB-5 job creation, the jobs must be maintained for two years each.
• Because regional center EB-5 investments are typically larger scale projects, regional centers often utilize indirect job creation. Indirect jobs, or induced jobs, are a form of job creation measured through budget expenditure and economic impact. Job creation is calculated using an economic Input-Output model, where budget expenditures are the input and jobs are the measured output. These kinds of models are often utilized when directly tracking employment would be too burdensome. For example, Input-Output models are utilized to calculate jobs lost due to natural disasters, or jobs created from economic stimulus packages.
• Using these models, EB-5 project managers are not necessarily tracking the directly hired employees for the purposes of documentation job creation, rather, the economic expenditure used to calculate the economic equivalence of jobs created.
• Learn more about job creation with this video: https://youtu.be/7hpaJ9jpd5s
USCIS permits a ramping up period of the investment. This means the entire investment amount is not required at the time of applying for the EB-5 visa.
• The EB-5 investor does need to demonstrate the availability of funds, as well as a commitment to invest the full investment amount on a determinate schedule. Simply intending to invest or planning to invest in the future without a present commitment will not qualify an investor for EB-5.
• Schedule a call with a Behring Companies representative to discuss Partial Capital Contributions and learn how you can phase your EB-5 investment over time.
