The Peak
A 43-unit luxury condominium development in Stateline, Nevada – rural set-aside with premium USCIS processing, 99% complete.
Capital, complexity, conviction.
The Peak is a 43-unit luxury condominium development in Stateline, Nevada at the south shore of Lake Tahoe – 99% complete and capitalized on a $28M EB-5 senior preferred equity tranche stacked with an $8M junior preferred equity tranche. The project is structured under a rural set-aside with premium USCIS processing.
Sales are led by Sotheby's with institutional-grade marketing and brokerage matched to the project's price point and end-buyer profile.
The 2-year term is sized to the construction-and-deliver window; capital cycles back to the platform on completion rather than carrying through a stabilization period, which is appropriate for a sell-out luxury condominium product.
Vertical construction is near completion and all EB-5 jobs have been created, satisfying job-creation requirements for investors.
- Construction near completion
- All EB-5 jobs created
- Premium USCIS processing available
- 40+ EB-5 families served
- Prime location with lake and valley views
- 15+ million annual visitors to the region
Watch the project film Capital structure
- Current value
- $97,000,000
- Total project cost
- $82,809,525
- Senior debt
- $36,009,525
- EB-5 senior preferred equity
- $28,000,000
- EB-5 junior preferred equity
- $8,000,000
- Developer equity
- $10,800,000
Investment terms
- Senior preferred ROI
- 2.5% annual
- Junior preferred ROI
- 6% annual
- Term
- 2 years
- Sales channel
- Sotheby's
- Repayment method
- Condo sales
- Investment status
- Fully Funded
EB-5 data
- Set-aside
- Rural (20% preference)
- I-956F status
- Approved
- Total jobs
- 488
- EB-5 units
- 45
- Job allocation
- First-in, first-out
- I-526 guarantee
- Yes
Situated at the south shore of Lake Tahoe, Stateline, Nevada sits inside a Rural-designated EB-5 set-aside area and inside one of the region's most established luxury markets – with sustained demand for branded mountain-resort residences.
Speak with the EB-5 team.
Book a confidential consultation to walk through the project's structure, USCIS status, and capital path.
Other projects.
Construction JW Marriott Residences, Mammoth
Phase I of Peak Mammoth's multi-phase luxury condominium development in Mammoth Lakes' North Village. I-956F approved Rural EB-5 project expected to be delivered in 2029.
Explore
Construction The Ritz-Carlton Residences, Mammoth
Phase II of Peak Mammoth's multi-phase luxury condominium development in Mammoth Lakes' North Village. I-956F approved Rural EB-5 project expected to be delivered in 2030.
ExploreLet's explore what's possible.
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.
Investor Inquiries