Merced Station
University of California, Merced student housing
Merced Station is a 270-unit, 885-bed student-housing development with 6,600 square ft. of retail space targeted to serving the students of University of California, Merced, one of the most prestigious and fastest growing Universities in the United States.
Highlights
- • 100% USCIS Approval With I-526 Approvals
- • 4.875% Annual ROI
- • All EB-5 Jobs Already Created
- • Lease with University of California
- • Fully Funded with Completion Guarantees
- • 30+ EB-5 Families Served
- • Recession Resistant Asset Class
PROJECT SUMMARY
Following the $1.3 billion capital investment made in 2016 called “Merced 2020 Plan”, the City of Merced is currently experiencing a severe housing shortage around the University due to the continuous student population increase, which will be helped in part by Merced Station’s supply. The project is fully-funded, has completed its vertical construction, is currently operational, and has begun pre-leasing to students for the Fall of 2022 and is expected to be 100% pre-leased.
Merced Station has created in excess of 700 EB-5 jobs while offering a secure 4.875% ROI to EB-5 investors, which is paid to investors in quarterly installments immediately. Merced Station is among the safest EB-5 projects on the market due to the recession-resistant demand of the University of California system, which will continue to grow in Merced for many years to come.
- Current Project Value:$162,500,000
- Total Project Cost:$120,000,000
- Total Senior Debt:$79,400,000
- EB-5 Senior Capital:$5,400,000
- EB-5 Preferred Equity:$13,200,000
- Developer Equity:$12,000,000
- Total Equity:$77,700,000
- Debt/Equity Ratio:1.09
INVESTMENT SUMMARY
- Investment TypeSenior Equity
- Investment StatusOpen
- Annual ROI4.875%
- Expected Total Return on Investment29.25%
- Investment Term5 years
- Total EB-5 Units Offered30
- Remaining EB-5 Units Available2
- Flex Financing AvailableTrue
EB-5 DATA
- Existing I-526 ApprovalsYes
- Targeted Employment AreaYes
- Total Job Creation750
- Total EB-5 Units Offered60
- Jobs Created Per EB-5 Investor12
- EB-5 Repayment MethodRefinance then Sale
- I-526 Guarantee*Yes
- Escrow AccountYes
* In general, the Limited Partner may be eligible for a refund if his or hers’ I-526E Petition is denied by the USCIS (and such Limited Partner has made a good faith effort to obtain the approval of the USCIS), the Fund approves the withdrawal of the Limited Partner from the Fund, or the Fund elects to reject a subscriber for any reason. Please see offering documents for more details and eligibility.
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