Location: 120 South Los Angeles Street, Los Angeles, CA at Los Angeles, United States Double Tree Hotel Downtown L.A.
A unique opportunity to learn whether a real and available alternative source of business financing might be right for you and your projects, by hearing how that financing is being put to work in one of the highest profile projects underway in Southern California today.
“The Hercules Project” involves the transformation of Howard Hughes' historic, long-vacant Hughes Aircraft Company hangers and aviation buildings at Jefferson & Centinela in Playa Vista (Culver City), CA into an exciting campus of creative office space for high tech tenants such as Google and YouTube, as well as into film and television soundstages and production facilities. Working with the far-sighted developer, Mr. Wayne Ratkovich, President & CEO of The Ratkovich Company (responsible for the renovation and redevelopment of some of the most prominent historic structures in Los Angeles), Homeier & Law is assisting in the preparation of an offering intending to raise tens of millions of dollars from immigrant investor financing using the red-hot “EB-5 Program.” The Hercules Project is the 65th project H&L has been fortunate to work on within the EB-5 industry during the past three years – and this is a particularly exciting project, because of its unique, historic character and the special challenges of such a transformative project with such a far-sighted client.
This is a rare chance to learn from a practical, insider perspective, through an examination of an actual project, how EB-5 financing will allow this historic, high-profile redevelopment to happen, notwithstanding our difficult economic times – creating thousands of jobs for Americans, in the process (at zero taxpayer expense). From this review, the pillars, requirements, and pro’s and con’s, of EB-5 will be drawn in sharper focus, to help you weigh whether, and how, EB-5 might be right for you.
This luncheon event will be this Thursday, August 23, 2012, at the Downtown Double Tree Hotel (formerly the Kyoto Grand Hotel).
The increasingly prominent EB-5 Program has been facilitating immigrant investor financing of US businesses, with attendant US job creation, earning permanent residency for the immigrant investor and his family, for the past 22 years. Although EB-5 is still mainly used to fund commercial real estate developments and redevelopments such as Hercules, it is increasingly accessed to fund projects around the country in other industries, from wineries to solar panels, to mobile food trucks, to film production.
If you cannot attend the event, but are interested in learning how to join the increasing number of businesses (in real estate, and other industries) successfully tapping foreign capital through the EB-5 program, feel free to follow up with Michael Homeier directly.
Speakers: Michael G. Homeier, Wayne Ratkovich
Cost: $75 (nonmembers)
Posted By: Michael G. Homeier
Homeier & Law, P.C. is a law firm devoted exclusively to corporate and business transactional law, including securities. Homeier & La... read more »