EB-5 Rural Project: Waterview Residences Luxury Apartments

Overview

Dillon Rural Luxury Apartments Project, Colorado

The project involves the development of a new building with 80 apartments, including 79,635 square feet of saleable area and 4,800 square feet of commercial space on the ground floor for a restaurant. This property is located at 240 Lake Dillon Drive, Dillon, Colorado.

Dillon is a year-round living destination, close to many ski resorts, including Keystone (5 minutes away) and Breckenridge (15 minutes away). This property is just a few minutes’ walk from Lake Dillon, the Dillon Amphitheater, and the Dillon Marina.

The EB-5 loan will be used to develop and construct the project. Construction has already begun and is expected to be completed in the first quarter of 2027.

Dillon is close to 7 world-class ski resorts, just a few minutes’ drive from the slopes of Breckenridge, Keystone, Loveland, Copper Mountain, and Arapahoe Basin, and a short drive from Vail and Beaver Creek.

PROJECT STRENGTHS

The project falls under the priority visa category (accounting for 20% of total visas), offering a significant advantage for investors.

Prime location, with competitively priced apartments to achieve breakeven and repay the loan.

The project receives active support from the city authorities to ensure construction progress.

It is estimated that 50% of the apartments will be sold before completion, and the sale proceeds are expected to cover the EB-5 loan.

The EB-5 loan is secured by a first mortgage on all project assets, including land, real estate, and all project-related amenities and equipment.

Proceeds from apartment sales will be deposited into an Escrow Mortgage Account, and the owner will not receive any disbursements until the EB-5 loan is repaid.

Capital Structure

CAPITAL STRUCTURE & EB-5 INVESTMENT

EB-5 Loan: 52.8 million USD

Number of investment slots: 66 slots

Investment amount: 800,000 USD

Loan term: 3.5 years, with one (1) one-year extension option

Jobs created: 14 jobs per investor

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Project progres

Project images

The project is expected to complete construction in the first quarter of 2027.

Regional Center and Developer

Project Investor

Porrit Group, with a leadership team that has over 120 years of combined experience in real estate development, has developed over 2 million square feet of commercial and residential real estate, including single-family homes, townhouses, condominiums, senior housing, hotels, offices, and industrial properties across the United States.

The management team specializes in the construction of commercial and residential real estate, public infrastructure, debt-structured assets, and the development of properties for multinational companies, from car manufacturers to international hotel chains. Currently, the group is developing over 700 apartments, 300 hotel rooms, and more than 30,000 square feet of commercial floor space across Colorado and the Midwest USA.

CanAm Regional Center

CanAm is one of the oldest and leading Regional Centers in the EB-5 industry. Founded in 1987 and involved in EB-5 from the first year of the Regional Center Program’s inception (1992), CanAm operates 10 EB-5 Regional Centers, raising over 3.1 billion USD for 65 projects, representing over 8,400 immigrant investor families.

CanAm is the only Regional Center that has audited all its achievements:

51 completed projects and returned over 2.27 billion USD to investors.
Over 15,000 conditional Green Cards approved for more than 5,000 immigrant investor families.
Over 8,100 permanent Green Cards issued for more than 2,600 I-829 petitions.

EB-5 Investment Immigration Program

You can learn more about the EB-5 program

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