Cota Vera 2 is the EB-5 project that follows the success of Phase 1 of the HomeFed Group’s project in the city of Chula Vista, San Diego, California.
Building upon the previous successes of the Escaya and Cota Vera 1 projects, the EB-5 Cota Vera 2 project continues to attract attention with investors showing consistent interest and selection. The project has received high praise from real estate experts, economists, and independent appraisal units for factors ensuring success for EB-5 investors.
Cota Vera 2 and Homefed’s Previous Successful Projects
Land use purpose
Cota Vera 2 is part of Village 8 East 2, an area approved for the construction of 3,276 homes for sale and rent, featuring a 20,000 square foot urban center comprising retail/commercial center, and central park, a new elementary school, a large regional park, and the Otay River Valley Preserve
Description
Number of Units
Commercial Area Size
Mixed-use complex
612
20,000
Central residential area
567
High-end residential area
472
Medium to high-end residential area
1,625
Total complex/residential area
3,276
20,000
Village 8
Project scale
Area: 500 acres Quantity: 3,276 houses.
Types: single-family homes, detached villas, townhouses, upscale apartment rentals, and retirement areas for seniors.
Amenities: pedestrian streets, elementary school, central square park, swimming pool, sports center.
Khả năng tạo việc làm EB-5
Investment Opportunity: 312 Investors
Investment Amount: $800,000 USD
Administrative Management Fee: $70,000 USD
Outstanding Job Creation Potential
Number of Jobs Required: 3,120 jobs
Projected Jobs Created: 4,709 jobs. Of these, 98% of the jobs created will be directly related to construction activities and not dependent on ongoing business activities. This exceptional surplus will provide investors with a 50% job surplus. It is estimated to create 15 jobs per investor, significantly exceeding USCIS employment requirements.
Capital Structure
Total Investment Capital: $779 million USD
Cơ cấu vốn vay
Investment Capital: ~ $313 million USD (40% share)
EB-5 Capital: $249.6 million USD (32% share)
Loan Term: 3 years + 1 (maximum 4 years)
Interest Rate: 0.25% per annum
Construction Loan Capital: $216.5 million USD Investors in Cota Vera hold a priority position on the land collateral assets.
Dòng tiền từ doanh thu dự án vượt trội gấp 3 lần so với khoản vay EB5
Cash flow from project revenue, which is three times the EB5 loan amount of approximately $783,994,337, will be generated from the sale and rental of houses, the sale of mixed-use complexes in the city center, and supplementary land sales revenue.
Cota Vera 2 is the next phase of Otay Ranch, the best-selling planned community in San Diego. Located just 24km (20 minutes drive) from downtown San Diego.
Otay Ranch is one of the largest master-planned communities in the United States. Established in 1999, the number of homes sold in Otay Ranch exceeds any other master-planned community in San Diego.
Location of the project
San Diego – The Most Livable City in the United States
San Diego boasts a favorable position in the global competitiveness trend.
Weather and Climate of San Diego
The quality of life in San Diego is favored by year-round sunshine and a mild climate that provides a healthy living environment and outdoor activities.
Nature has gifted San Diego with long stretches of coastline, along with its mild climate and natural beauty.
San Diego residents have cultivated a diverse cultural scene with various forms of arts and entertainment appealing to all ages.
Economic Outlook of San Diego
Nationally recognized for innovation and industry: With a convergence of breakthrough technology companies, over 80 leading research institutions, 6 flagship universities – including the largest engineering school in the state, major military concentrations in the world, and a booming tourism industry, San Diego is one of the most diverse and dynamic economies in the United States.
Top 10 destinations in the United States: Attracting over 35 million tourists annually, San Diego is ranked as one of the top 10 travel and business destinations nationwide. With famous attractions such as the San Diego Zoo, Safari Park, Seaworld, Legoland, and Balboa Park, it is a source of allure for visitors.
Leading in income growth: San Diego ranks at the top among the 50 largest cities in the United States for income growth, averaging household income thanks to the continuous development of tech and biotech companies such as Amazon, Qualcomm, Illumina, Pfizer, and many others.
Smart city: San Diego is considered a leading center for technology and global creative thinking. Chula Vista is designated by the US Department of Transportation as one of the top 10 cities developing smart transportation nationwide.
World’s largest military concentration: Home to the largest military assets in the world. Military assets and activities span from military bases and naval ships to telecommunications, robotics technology, aerospace, and cybersecurity. San Diego’s robust military defense is a driving force for innovation in the region.
HomeFed Corporation
The corporation has a track record of over 25 years in successful community planning and development across the United States, including two previous EB-5 projects in San Diego, California. The company is a subsidiary of the financial conglomerate Jefferies Group.
HomeFed employs a unique approach to prioritize EB-5 investors, positioning them at the highest level, making the project a particularly secure choice for potential investors.
With over 500 investors and nearly $300 million in EB-5 capital, HomeFed has built a reputation as a reliable EB-5 partner.
The scale of development of HomeFed’s real estate projectsAwards and Industry Certifications
HomeFed’s management support team primarily consists of vital relationships with real estate law firms, land planners, engineering firms, and development experts in various fields. Many of these business relationships have been maintained for decades. These include
Regional Center: Discovery, California, LLC
Economic Research: Bakertilly
Immigration Law: Stone Grzegorek & Gonzalez
Market Research: Steven A. Aranoff
Legal Counsel: SheppardMullin
Engineering: Hale
Urban Center Architects: Humphreys & Partners Architects
Continuing the Success of Previous Projects
Following the remarkable success of the previous two projects, Escaya and Cota Vera 1, HomeFed has provided housing for over 2,000 families, including more than 500 EB-5 investors who contributed to the development of these community-planned residential projects.
Notably, the Escaya project achieved the award for the best-selling master-planned community in San Diego County prior to its sell-out, with outstanding sales figures.
Hottest EB-5 Project in the Market
Continuing its previous success, Cota Vera Phase 2 in Chula Vista, San Diego, California, remains one of the most attractive EB-5 projects in the market today, promising to provide green cards for hundreds of investors and families participating.
The project encompasses all the elements of a successful EB-5 project:
Strong support from the San Diego government
Qualifies as a TEA (Targeted Employment Area) with an investment of $800,000
High proportion of owner’s equity (40%)
Conservative financial structure: EB-5 financing accounts for only 32%, with 40% from the investor
The project provides peace of mind regarding return on investment. The EB-5 funds replace the bridge loan provided by HomeFed, with land assets as collateral.
Exceeds USCIS job creation requirement by over 50%, equivalent to 15 jobs per investor, far exceeding the USCIS threshold for permanent green card approval.
Investors in Cota Vera hold a top priority position on HomeFed’s land collateral, ensuring the full value of the EB-5 loan
Loan term is only 3 years
Projected revenue stream is estimated to be three times the EB-5 loan amount, generated from home sales, rentals, sales of central complex, and additional land sales revenue
Backed by reputable sponsor – HomeFed
HomeFed is a highly accomplished and experienced entity in executing EB-5 projects with strong and transparent financials.
HomeFed’s management support team primarily consists of vital relationships with real estate law firms, land planners, engineering firms, and development experts in various fields. Many of these business relationships have been maintained for decades.
Investors are assured of the essential elements to receive a permanent green card and successful return on investment.
HomeFed, as a strategic partner of Interimm, has been collaborating with Interimm to provide green cards to clients through major projects such as Escaya and Cota Vera 1.
The project has commenced construction, and the entire development is expected to be completed by 2030.
Cota Vera 2 is the EB-5 project that follows the success of Phase 1 of the HomeFed Group’s project in the city of Chula Vista, San Diego, California.
Building upon the previous successes of the Escaya and Cota Vera 1 projects, the EB-5 Cota Vera 2 project continues to attract attention with investors showing consistent interest and selection. The project has received high praise from real estate experts, economists, and independent appraisal units for factors ensuring success for EB-5 investors.
Cota Vera 2 and Homefed’s Previous Successful Projects
Land use purpose
Cota Vera 2 is part of Village 8 East 2, an area approved for the construction of 3,276 homes for sale and rent, featuring a 20,000 square foot urban center comprising retail/commercial center, and central park, a new elementary school, a large regional park, and the Otay River Valley Preserve
Description
Number of Units
Commercial Area Size
Mixed-use complex
612
20,000
Central residential area
567
High-end residential area
472
Medium to high-end residential area
1,625
Total complex/residential area
3,276
20,000
Village 8
Project scale
Area: 500 acres Quantity: 3,276 houses.
Types: single-family homes, detached villas, townhouses, upscale apartment rentals, and retirement areas for seniors.
Amenities: pedestrian streets, elementary school, central square park, swimming pool, sports center.
Projected Jobs Created: 4,709 jobs. Of these, 98% of the jobs created will be directly related to construction activities and not dependent on ongoing business activities. This exceptional surplus will provide investors with a 50% job surplus. It is estimated to create 15 jobs per investor, significantly exceeding USCIS employment requirements.
Capital Structure
Total Investment Capital: $779 million USD
Cơ cấu vốn vay
Investment Capital: ~ $313 million USD (40% share)
EB-5 Capital: $249.6 million USD (32% share)
Loan Term: 3 years + 1 (maximum 4 years)
Interest Rate: 0.25% per annum
Construction Loan Capital: $216.5 million USD Investors in Cota Vera hold a priority position on the land collateral assets.
Dòng tiền từ doanh thu dự án vượt trội gấp 3 lần so với khoản vay EB5
Cash flow from project revenue, which is three times the EB5 loan amount of approximately $783,994,337, will be generated from the sale and rental of houses, the sale of mixed-use complexes in the city center, and supplementary land sales revenue.
Cota Vera 2 is the next phase of Otay Ranch, the best-selling planned community in San Diego. Located just 24km (20 minutes drive) from downtown San Diego.
Otay Ranch is one of the largest master-planned communities in the United States. Established in 1999, the number of homes sold in Otay Ranch exceeds any other master-planned community in San Diego.
Location of the project
San Diego – The Most Livable City in the United States
San Diego boasts a favorable position in the global competitiveness trend.
Weather and Climate of San Diego
The quality of life in San Diego is favored by year-round sunshine and a mild climate that provides a healthy living environment and outdoor activities.
Nature has gifted San Diego with long stretches of coastline, along with its mild climate and natural beauty.
San Diego residents have cultivated a diverse cultural scene with various forms of arts and entertainment appealing to all ages.
Economic Outlook of San Diego
Nationally recognized for innovation and industry: With a convergence of breakthrough technology companies, over 80 leading research institutions, 6 flagship universities – including the largest engineering school in the state, major military concentrations in the world, and a booming tourism industry, San Diego is one of the most diverse and dynamic economies in the United States.
Top 10 destinations in the United States: Attracting over 35 million tourists annually, San Diego is ranked as one of the top 10 travel and business destinations nationwide. With famous attractions such as the San Diego Zoo, Safari Park, Seaworld, Legoland, and Balboa Park, it is a source of allure for visitors.
Leading in income growth: San Diego ranks at the top among the 50 largest cities in the United States for income growth, averaging household income thanks to the continuous development of tech and biotech companies such as Amazon, Qualcomm, Illumina, Pfizer, and many others.
Smart city: San Diego is considered a leading center for technology and global creative thinking. Chula Vista is designated by the US Department of Transportation as one of the top 10 cities developing smart transportation nationwide.
World’s largest military concentration: Home to the largest military assets in the world. Military assets and activities span from military bases and naval ships to telecommunications, robotics technology, aerospace, and cybersecurity. San Diego’s robust military defense is a driving force for innovation in the region.
The corporation has a track record of over 25 years in successful community planning and development across the United States, including two previous EB-5 projects in San Diego, California. The company is a subsidiary of the financial conglomerate Jefferies Group.
HomeFed employs a unique approach to prioritize EB-5 investors, positioning them at the highest level, making the project a particularly secure choice for potential investors.
With over 500 investors and nearly $300 million in EB-5 capital, HomeFed has built a reputation as a reliable EB-5 partner.
The scale of development of HomeFed’s real estate projectsAwards and Industry Certifications
HomeFed’s management support team primarily consists of vital relationships with real estate law firms, land planners, engineering firms, and development experts in various fields. Many of these business relationships have been maintained for decades. These include
Regional Center: Discovery, California, LLC
Economic Research: Bakertilly
Immigration Law: Stone Grzegorek & Gonzalez
Market Research: Steven A. Aranoff
Legal Counsel: SheppardMullin
Engineering: Hale
Urban Center Architects: Humphreys & Partners Architects
Following the remarkable success of the previous two projects, Escaya and Cota Vera 1, HomeFed has provided housing for over 2,000 families, including more than 500 EB-5 investors who contributed to the development of these community-planned residential projects.
Notably, the Escaya project achieved the award for the best-selling master-planned community in San Diego County prior to its sell-out, with outstanding sales figures.
Hottest EB-5 Project in the Market
Continuing its previous success, Cota Vera Phase 2 in Chula Vista, San Diego, California, remains one of the most attractive EB-5 projects in the market today, promising to provide green cards for hundreds of investors and families participating.
The project encompasses all the elements of a successful EB-5 project:
Strong support from the San Diego government
Qualifies as a TEA (Targeted Employment Area) with an investment of $800,000
High proportion of owner’s equity (40%)
Conservative financial structure: EB-5 financing accounts for only 32%, with 40% from the investor
The project provides peace of mind regarding return on investment. The EB-5 funds replace the bridge loan provided by HomeFed, with land assets as collateral.
Exceeds USCIS job creation requirement by over 50%, equivalent to 15 jobs per investor, far exceeding the USCIS threshold for permanent green card approval.
Investors in Cota Vera hold a top priority position on HomeFed’s land collateral, ensuring the full value of the EB-5 loan
Loan term is only 3 years
Projected revenue stream is estimated to be three times the EB-5 loan amount, generated from home sales, rentals, sales of central complex, and additional land sales revenue
Backed by reputable sponsor – HomeFed
HomeFed is a highly accomplished and experienced entity in executing EB-5 projects with strong and transparent financials.
HomeFed’s management support team primarily consists of vital relationships with real estate law firms, land planners, engineering firms, and development experts in various fields. Many of these business relationships have been maintained for decades.
Investors are assured of the essential elements to receive a permanent green card and successful return on investment.
HomeFed, as a strategic partner of Interimm, has been collaborating with Interimm to provide green cards to clients through major projects such as Escaya and Cota Vera 1.
