The Ritz-Carlton Residences, Mammoth
Phase II of the Peak Mammoth development in Mammoth Lakes' North Village – a Ritz-Carlton-branded luxury condominium under construction, approved under both I-956F and I-526E and capitalized on a first-lien senior loan.
Capital, complexity, conviction.
The Ritz-Carlton Residences is Phase II of the Peak Mammoth development in Mammoth Lakes' North Village – a Ritz-Carlton-branded luxury condominium under construction. Phase II is capitalized at $237.5M, structured as a $128M first-lien senior loan stacked with $109.5M of developer equity.
The offering is approved under both Form I-956F (Regional Center) and Form I-526E (investor petition) inside the EB-5 Reform and Integrity Act's rural set-aside, which carries reserved visa availability and premium USCIS processing. Phase II is underwritten to 2,070+ jobs within a development creating more than 3,500 in total.
Construction is executed by New Course Builders as the in-house general contractor, with a construction completion guaranty and EB-5 repayment guaranty coverage built into the structure – the same vertically integrated execution that governs Phase I of the development.
Phase II comprises 86 of the development's 187 total branded condominium units, scheduled for 2030 delivery in Mammoth's North Village.
- Approved I-956F with several Form I-526E approvals
- Rare luxury brand from Marriott International
- Senior loan (first-lien position)
- Rural EB-5 set-aside
- Construction completion guarantee
- EB-5 repayment guaranty
Capital structure
- Senior loan
- $128,000,000
- Developer equity
- $109,469,770
- Total capitalization
- $237,469,770
Investment terms
- EB-5 offering type
- Senior loan (first-lien)
- ROI
- Contact us
- Term
- 3 years
- Deposit schedule
- Up to 12 months · $100,000 minimum down
- SDIRA
- Accepted
EB-5 data
- I-956F
- Approved
- I-526E
- Several Approvals
- Set-aside
- Rural
- Phase II units
- 86 of 187 total
- Phase I & II jobs
- 3,500+
- Job allocation
- First-in, first-out
- Repayment guaranty
- Yes
Located in Mammoth's desirable North Village – a year-round destination resort village just steps from the lift base, with sustained branded-condominium demand across both the winter ski season and the summer Sierra travel season.
Speak with the EB-5 team.
Book a confidential consultation to walk through the project's structure, USCIS status, and capital path.
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Whether you are a prospective LP, joint venture partner, or financing source, we welcome the conversation. New Course's team engages directly with qualified counterparties.
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