EB5 Southern California Regional Center Information
When the EB-5 program was created, the original purpose of the program was for the applying investor to create a brand new commercial business that supported or established 10 jobs. However, after having little success, the government established a pilot program which would help applicants with this task. The Pilot Program offered through the USCIS allows for investments to be streamlined into a business that already generates plenty of employment opportunities. The program accomplishes this through a “Regional Center” which functions as an independently managed investment hub which takes on the responsibility of making or finding jobs with the investment provided. The Pilot Program was originally scheduled to conclude functioning in September, 2012. Fortunately, at the end of the term, President Obama signed into law a provision lengthening the Pilot Program for another three years.
The USCIS regulates a long list of approved EB5 Regional Centers organized State by State. As of 2012, there are 218 centers spread out across the United States, of which 49 are located in California.
Here is a very small list offering some examples of popular Regional Centers in the greater Los Angeles Area – Southern California Area and the primary industries they support:
Los Angeles Regional Center
This regional center is located inside a TEA (Targeted Employment Area), meaning that investors that are interested in working with this center qualify for a significantly reduced investment capital of only $500,000. All the projects from the investment are recommended and managed by American Dream Fund, LLC. The focus of this regional center lies in manufacturing plants, hospitals and medical buildings, real estate property, assisted living homes, and hotels.
USA Continental Regional Center, LLC
One of the primary funds provided by the USA Continental Regional Center was established primarily to provide direct investments into the Antelope Square Shopping Center, which is comprised of 51,000 square feet and includes two fast food restaurants. The shopping center is located in Murrieta, California, nestled in between San Diego and Los Angeles. This zone has been certified by the USCIS as a Targeted Employment Area. Some of the industries that this center supports include Offices, Shopping Centers, Hotels, Health facilities, and Assisted Living homes.
YK America Regional Center
YK American Regional Center focuses primarily on commercial business. This center has commitments from some major brands including Wal-Mart, Lowe’s, Costco, and Target. This regional center offers over an impressive 1 million square feet of commercial real estate space for some of these major stores. YK plans on constructing 9 of these mentioned buildings, not including offices and food establishments. The objective for the regional center is the creation of several new jobs in the area. Some of the industries that this regional center is involved in include Shopping Centers, Food Establishments, Hotels, Manufacturing facilities and Offices.
California Pacific Group Regional Center
This Regional Center is located in Los Angeles County. Its primary focus is on the Retail Food Service Industry, Offices, Residential and Hotel Real Estate, and Hospitality.
FDIUS Regional Center
This Regional Center is located in Central Los Angeles. The primary focus for this center is Real Estate Development and the Retail Food Service Industry.
Invest LA Regional Center, LLC
This Regional Center is located in both Los Angeles and Orange County. The primary focus for this regional center is Commercial Real Estate Development.
Regional Center Properties, Inc.
This Regional Center represents Los Angeles, San Bernardino, Riverside, Orange, and San Diego Counties. The primary focus for this Regional Center group is shopping center development.
Alliance Regional Center / Oasis Growth Partners LLC
This Regional Center is located in Imperial County. The focus for this center is Hospitality, Retail Shopping Centers, Dining, Professional Office Buildings, and Commercial Establishments.
American Life Development Company LLC.
This Regional Center is located in Riverside County. The primary focus for this group is Hotel, Spa, and Equestrian Center Development.
American Logistics [International] Regional Center
This Regional Center represents South Central Los Angeles (with emphasis on Carson, Compton, Lynwood, Longbeach, Wilmington, Willowbrook, and Rancho Dominguez communities.) This center’s primary service is a U.S. Customs approved Centralized Examination Station, which concentrates on Customs bonded warehouse services.
American Redevelopment Regional Center
This Regional Center represents the counties of San Bernardino, Riverside, and Los Angeles. The primary focus of this center is Commercial and Retail Development.
California Energy Investment Center
This Regional Center represents the counties of Merced, Fresno, Kings, Tulare, Kern, San Bernardino, San Benito, Riverside, and Imperial. The primary focus for this center is in alternative energy technology, including but not limited to fossil fuel, solar power, biomass, wing, geothermal, water, and environmental.
California Military Bases (CMB) Export LLC.
This Regional Center operates throughout the entire state of California. The primary focus for this center is the redevelopment of former military bases.
California Pacific Group Regional Center
This Regional Center is located in Los Angeles County. The focus for this center is in Retail Food Service, Offices, Residential, and Hotel Hospitality.
Dos Lagos Regional Center LLC
This Regional Center operates in Riverside County. The primary focus for this group is Retail Food Services and Professional Office Space.
El Monte Regional Center
This Regional Center is located in El Monte. This center’s primary focus is on mixed use transit development.
Green Energy Regional Center, LLC (GERC)
This Regional Center operates throughout all of California. It focuses on Solar Panel Manufacturing and Installation.
Imperial Regional Center
This Regional Center is located in Heber and other areas around Imperial County. The focus of this center is in mixed use commercial projects focused on retail, wholesale, dining, hospitality, and entertainment.
Invest LA Regional Center, LLC.
This Regional Center operates in Los Angeles and Orange County. The primary focus of this center is Commercial Real Estate Development.
M&D Regional Center, LLC.
This Regional Center operates in the counties of Los Angeles, San Bernardino, and Orange. The focus of this center is mixed use commercial and residential projects.
Regional Center Management Los Angeles
This Regional Center is located in Los Angeles. Its focus is on commercial/industrial development with governmental agencies and non-profits. Typical projects include renovation of public facilities and obsolete buildings. This center also invests in lending institutions.
US Commercial Regional Center
This Regional Center operates in Los Angeles, Orange, and San Diego County. The focus of this center lies in Retail, Restaurant, Office, Entertainment, Industrial, Hospitality, and Mixed Use development.
US Employment Development Lending Center, LLC.
This Regional Center operates throughout all of California. The focus of this center is construction, professional services, agriculture, manufacturing, information services, and health services.
South East Los Angeles Regional Center (SELARC)
This Regional Center is located in Vernon (Southeast of Los Angeles). The primary focus of this center is apparel manufacturing, transportation and warehousing, household furniture, and food products.
Velocity Regional Center
This Regional Center operates in Los Angeles, San Bernardino, Orange, Riverside, San Diego, and Imperial County. The primary focus of this center is office development, retail services, hotel and hospitality, food services, alternative energy technology, and residential construction.
California Golden Fund
This Regional Center operates in Los Angeles, Orange, San Bernardino, and Riverside. The focus of this center is in food services, scientific and technical services, manufacturing (ship, metal fabrication, building repair, etc.), construction (highway, street, and bridge).
Global Premier America Regional Center LLC.
This Regional Center operates throughout the counties of Los Angeles, Orange, Ventura, Santa Barbara, Kern, San Luis Obispo, and Santa Clara. The primary focus of this center is in retail trade, food services, healthcare, and social assistance.
Inland Empire Renewable Energy Regional Center, LLC
This Regional Center operates throughout the counties of Los Angeles, Orange, San Bernardino, and Riverside. The primary focus of this center is administrative services, retail, education, construction, and engineering and design.
Nevada California Regional Center
This Regional Center operates throughout Los Angeles, San Bernardino, Riverside, and Orange County. The primary focus of this center is in retail, office, assisted living, and hotel construction.
USA Continental Regional Center, LLC.
This Regional Center operates throughout Los Angeles, Orange, Riverside, San Bernardino, San Diego, and Ventura County. The primary focus of this center is in hospitality, retail trade, construction, commercial office development, retail shopping centers,
Wave House California Regional Center, LLC
This Regional Center operates in the county of San Diego. The primary focus of this center is in concert venue, dining, entertainment, alcohol, hotels, and amusement parks.
Thank You,
My name is John B. Buda, and I actively practice in the area of EB5 Applications for Permanent Residency Investment category. Please click http://budalawgroup.net/
john.buda@budalawgroup.net
