3INVEST woos investors to an opportunity to invest and naturalize as they partner with Houston EB5 to raise capital in the region. Houston EB5, a Real Estate investment company, is offering potential investors, the opportunity of investing in Real Estate development in one of USA’s most desirable Real Estate market, Houston Texas. In addition to the prospect of a handsome return on investment on the project, a luxury apartment complex in Downtown Houston called Block 384, investing in this project will qualify investors for permanent residency in the United States through the EB-5 program.

Following the success of Houston EB5’s newest Real Estate project, a $70 million residential tower near the Houston Galleria called Astoria, which tapped a federal program targeting wealthy foreigners whose investment amounted to $30 million of the total cost of the project and the inherent 100% success rate so far on I526 Green Card approvals, the company has started raising funds for this new project.

This new project which will be at an investment level of $500,000 has Randall Davis, a Houston Luxury Condominium Developer and his partner in Houston EB5, Mexico City native and Houston entrepreneur Roberto Contreras, excited about the development of the 240 unit, 8 story Block 384 luxury apartment after starting the construction on the Astoria building, a 30-story condo tower on Post Oak Boulevard.

Thirty investors from countries in Latin America, Africa, Europe and Asia invested $1 million apiece to the EB-5 Regional Center, a company set up to raise money from foreign investors for a job-creating commercial enterprise. In return the investors can become lawful permanent residents of the United States.

“Astoria was really made possible thanks to these foreign investors, because one of the reasons there are not more condominium projects is because it’s very hard to finance them,” Contreras said. “Banks love to finance apartments, but don’t love to finance condominiums. The EB5 program has allowed us to complete more projects in the Houston area and we look forward to expanding our investor reach in countries like Nigeria and Vietnam”

The majority of the investors Houston EB5 has subscribed for previous projects are from Mexico and other Latin American countries with Nigeria close behind, said Acho Azuike, Managing Director of Houston EB5 Regional Center. “For future projects we plan to attract more investors from Nigeria because Nigerians are already familiar with the Houston area and we now have a track record of success because of our Astoria project.”

The EB5 investment program is administered by the U.S. Citizens Immigration Services under the Department of Homeland Security. It allows investors who make a qualified investment to fast track permanent legal residency in the United States for themselves and their immediate family without the usual roadblocks or red tape associated with the immigration process.

Given that real estate investments remain much safer in nature than typical business investments, compounded with Houston’s strong economic environment participants in Houston EB5’s Block 384 project can expect a more reliable and timely return on their investment.

Interested parties in this investment opportunity can make further enquiries as to how to proceed by contacting 3Invest, the project’s industry partner here in West Africa for further details.

3INVEST is one of Africa’s leading real estate brands with technology driven innovations that is changing the way real estate organizations operate in this 21^st century. From anchoring the first syndicated real estate show on radio to convening the power brokers in the business for the annual Real Estate Summit, 3INVEST has built a reputation in the sector as the go-to company for commercial real estate services in today’s market

For further information and enquiry,

Contact:

Tope Longe

Tunji Akande

 

or visit, 3investonline.com

 

the end…

2014-06-22