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 EB5，只要20个名额 |
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cbp
头衔: 海归少校
声望: 学员
性别: 
加入时间: 2005/02/12
文章: 768
来自: 加拿大
海归分: 11291
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作者：cbp 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
Harmony Hospitality continues planning process for convention center hotel
by Cole Dittmer
Wednesday, February 15, 2012
At last week’s Wilmington City Council meeting, city council voted unanimously to enter into a Memorandum of Understanding with Harmony Hospitality, Inc. to develop financial and structural plans for a full-service hotel connected to the new Wilmington Convention Center. In its proposal, the Virginia Beach-based Harmony submitted plans to construct a 194-room hotel on the 33,000 square-foot tract of land adjacent to the convention center.
Harmony’s development director, Brooks Johnson, said that Harmony is planning to build an Embassy Suites on the site—a branch of Hilton Hotels and Resorts. Johnson said this change suited Harmony well because they are a Hilton preferred developer and have had extensive experience working with Hilton in the past.
"Last week we just received a letter from Hilton saying that they were very interested in having an Embassy Suites in the downtown Wilmington area," Johnson said.
Preliminary plans for the hotel show 194 rooms, conference and banquet facilities, a three-meal restaurant, pool, grass rooftop areas and large glass facades covering certain levels of the hotel’s exterior to take advantage of the panoramic riverfront views. Parking for hotel guests will be located in the adjacent convention center parking garage and 250 spaces will be allocated for this purpose.
Johnson said that financing for the project would come from a combination of primary and secondary sources and that the real estate finance firm Birch Capital would be handling the secondary financing.
Ben Cummings, principle at Birch Capital, said that his firm raises debt and equity capital through the federal government’s EB5 program.
"The EB5 program is an employment-based visa offered to foreign investors who invest a minimum of $500,000 in the United States and create at least 10 jobs for U.S. citizens," Cummings said. "Those investments are then pooled into a larger fund from which our firm attaches these foreign investors to development projects either as equity or debt."
Cummings said the program could only be utilized on developments located in targeted employment areas that are outlined by the federal government as rural areas or areas of high unemployment.
"This specific area of land that Harmony wants to develop is identified as one of those targeted employment areas," Cummings said.
After councilman Kevin O’Grady inquired as to the confidence Cummings had in being able to acquire the $10 million Birch Capital has agreed to provide Harmony for the project, Cummings said that he was very confident because they would only need 20 of the thousands of prospective investors that apply for the EB5 program.
Harmony’s president, Page Johnson II, also reported that Harmony was far ahead in planning for the project and is confident in compiling the complete package in the five-to-seven month window allotted to the developer in the Memorandum of Understanding.
作者：cbp 在 海归商务 发贴, 来自【海归网】 http://www.haiguinet.com
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 EB5，只要20个名额 -- cbp - (3119 Byte) 2012-2-17 周五, 12:24 (959 reads)
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