International Focus Magazine Vol. 2, #2 | Page 36

Over the last 5 years , Houston EB5 has successfully raised capital for their projects : a $ 74 million residential tower in the vibrant Houston Galleria area , called Astoria ; and a $ 51 million 8-story , 240-unit apartment building in the heart of downtown Houston called Eighteen25 . The raise for Astoria was completed with investors from Latin America , Europe , Asia , and Africa . Houston EB5 boasts a 100 % success rate on Green Card approvals for all its EB5 investors . With this success , Houston EB5 has now completed their third raise for Marlowe , a luxury residential tower in downtown Houston .
In 2011 , Houston EB5 tapped the EB-5 federal program targeting foreigners to fund their real estate projects by establishing a Regional Center . An EB-5 Regional Center is an organization designated by
36 iF Magazine | February 2017