Globevisa Director Visits the U.S. Leading Hotel Developer Peachtree Group: Unlocking New Opportunities of EB-5

When it comes to the U.S. EB-5 investment immigration program, the most frequently discussed topic among investors is how to choose a reliable investment project. As of December 31, 2023, nearly 300 new EB-5 projects have been officially filed with the immigration authorities. In this overwhelming market, the vast majority of immigration agencies are limited by their own scale and capabilities, making it impossible for them to conduct in-depth risk control on projects. This “sloppy and careless” approach inevitably plants a minefield of risks and uncertainties for their immigration clients.

Given the unique venture capital attributes of EB-5 projects, risk control for EB-5 projects is a challenging task. Based on over 24 years of industry experience and a global presence in nearly 40 regions, Globevisa has developed a highly mature risk control team and mechanisms. Globevisa evaluates each immigration project from various comprehensive aspects, including compliance, authenticity, and market factors, with a particular focus on due diligence of project developers.

Adhering to the principle of “seeing is believing,” Globevisa’s project team conducts on-site visits to each project developer. In May 2024, Globevisa’s EB-5 Project Director personally traveled to the United States, leading a team to visit the headquarters of Peachtree Group, the developer of the Los Angeles Marriott Hotel project, which is currently in high demand for financing.

The Prominent Peachtree Group

Peachtree Group’s operations span 22 states, developing and directly managing over 90 top-brand hotels, including Hilton and Marriott. The group’s diverse business segments include acquisitions, development, and financial lending, with notable achievements in the hospitality sector. Since its founding in 2007, Peachtree Group has developed and managed projects across the United States with a total scale exceeding $10 billion, covering real estate development, hotel management, and finance. It ranks as the eighth-largest hotel investment group in the U.S., maintaining long-term partnerships with international hotel brands such as Marriott and Hilton. In 2023, Peachtree Group was awarded Hilton Group’s Best Development Project Award.

Leading in Light-Operation Hotel Development

The Vice President of Hotel Data Analysis and Support at Peachtree Group shared with us:

Peachtree Group specializes in light-operation hotels, focusing more on rooms than on food services. In the industry, Peachtree Group excels by achieving a significantly higher cash flow revenue-to-investment ratio per room compared to luxury hotels. Their hotel fund has attracted many local investors, thanks to Peachtree’s numerous successful cases and impressive performance in the hotel sector.

Globevisa Project Director Faith and Peachtree Group’s Vice President of Hotel Data Analysis and Support

A Milestone Project Under the New EB-5 Law: A Powerful Partnership

Peachtree Group’s Chief Executive Officer for EB-5 Investments, Adam Greene, shared:

Peachtree Group has traditionally taken on the role of a senior lender in the EB-5 space. The group’s credit business boasts significant financing capabilities, and it continues to provide construction loans for many other developers’ EB-5 projects. Additionally, it manages C-pace loans for the U.S. Department of Energy.

The Los Angeles Marriott Hotel marks Peachtree Group’s first project where it is both the investor and developer under the new EB-5 law. The group is deeply committed to the success of this project. To ensure its success, Peachtree Group provides comprehensive legal safeguards and guarantees, including first-priority protection for EB-5 investors, employment creation guarantees, refund guarantees in case of immigration rejection, completion guarantees, and full repayment guarantees.

Globevisa Project Director Faith with EB-5 Investment Chief Executive Officer Adam Greene

Adam Greene is one of the three permanent directors of IIUSA (Invest in the USA), the trade association for the EB-5 Regional Center Program. He has participated in legislative negotiations for the reform of the EB-5 program. With over 10 years of experience in the industry, he has served as president and CEO of multiple regional centers and has operated EB-5 projects with a total financing scale exceeding $600 million.

The Los Angeles Marriott Hotel has become another milestone project for Peachtree Group, a joint venture between Peachtree and Marriott. It is a Marriott-branded long-stay hotel, exclusively globally funded by Globevisa. Located in Palmdale, known as the “Aerospace Capital of the United States,” the area is home to numerous renowned aerospace companies, military bases, and global manufacturing conglomerates. The hotel is in high demand from the cross-regional staff of many large corporate enterprises nearby. Peachtree Group has partnered with numerous companies to ensure the hotel’s outstanding future operational capabilities.

Of particular note to investors is the project’s investment period, set at a minimum of 2 years, in accordance with the EB-5 program’s requirements. This allows investors to quickly recoup their funds, further safeguarding their principal.

A strong developer is fundamental to the success of an EB-5 project. Globevisa adheres to the principle of meticulous verification through on-site inspections to validate the accuracy of project information and the strength of the project development team.

Every EB-5 project supported by Globevisa undergoes rigorous selection and is reviewed by experts in law, finance, and business before being offered to the market. Since the new policy, Globevisa has assisted hundreds of investors in applying for US green cards, treating each client with utmost responsibility. Globevisa also rewards the trust of its clients with numerous successful case studies.