FOUR SEASONS SURF CLUB RESIDENCES EB-5 OFFERING HIGHLIGHT
- Development Type: Four Seasons Ultra-Luxury Condo
- Construction Completion: Q2 2026
- Project Cost: $1.035B
- Total Jobs: 6, 998 (3,758 jobs created April 2024)
- Subscription Amount: $800,000
- Administration Fee: $70,000
- EB-5 Funds: Up to $132M (165 Investors)
- Investment Type: Secured Loan
- Development Type: Four Seasons Ultra-Luxury Condo
- Construction Completion: Q4 2025
- Project Cost: $1.035B
- Total Jobs: 6, 998 (2,386 jobs created May 2023)
- Subscription Amount: $800,000
- Administration Fee: $70,000
- EB-5 Funds: Up to $132M (165 Investors)
- Investment Type: Secured Loan
JOB CREATION
Total Required Jobs
Jobs per Investor
Total Jobs to be created
4x Jobs cushion
Jobs created, as of April 2024
Capital Stack*
● Investment Type: Loan
● Investment Return: 0.25%
● Investment Term: 4+1+1 years
*As of July 2023, subject to change depending on future deposits and amount of EB-5 raise.
Fully capitalized, EB-5 funds will be used to fund construction or repay senior/bridge financing.
EXIT STRATEGY
IMMIGRATION SAFETY
Construction has already started with Tower 1 scheduled to start delivery of units in Q2 2024 and all towers to be completed by Q2 2026.
Over 3,700 jobs already created exceeding the total number of jobs required
Fully financed, construction completion guaranty in place.
Full refund guaranty on individual I-526E denial within 30 days.
INVESTMENT SAFETY
Four Seasons branded ultra-luxury condominium project, with one of the highest per square foot sellout price of any condominium in the U.S.
Three towers, totaling 53 condominium units, with 75% of units already presold, with sales exceeding $1B and $466M in deposits.
EB-5 loan to be secured by senior and/or first mezz position. Projected net sales proceeds available to repay the EB-5 loan is 3X the EB-5 loan amount.
EB-5 Loan second position only to Senior loans on repayment and distribution priorities.
Track record of Developer: $100M EB-5 loan on Phase I for the existing Four Seasons Hotel and Residences project completed in 2017 was fully paid off in Nov 2021.
PROJECT RENDERINGS
FOUR SEASONS HOTEL & RESIDENCES AT SURF CLUB
(Phase I)
In 2017, Fort Partners redeveloped the Surf Club and reimagined it into Four Seasons Hotel & Residences a Surf Club, a 77 key hotel, 30 hotel residences and 121 private residential apartments.
The hotel today is considered on of the bestir not the best hotel in the Miami area.In 2023, the hotel boasts the highest ADR of any Four Seasons hotel in the world.
“IF WE DON’T CARE ABOUT OUR PAST, WE CANNOT HOPE FOR THE FUTURE… I CARRE DESPERATELY ABOUT SAVING OLD BUILDINGS.”
—— JACQUELINE KENNEDY ONASSIS
