In 2013, the principals of Phillips Realty Capital formed a joint venture with EB5 Capital, leveraging the significant real estate and capital markets experience of both teams to find high-quality investment opportunities for immigrant investors with prominent real estate partners.
The Phillips Realty Capital/EB5 Capital joint venture brings together real estate finance and EB-5 investing expertise to match qualified immigrant investors with prominent real estate development partners to finance high-quality mixed-use, hospitality, and residential development projects. The Phillips Realty Capital/EB5 Capital team offers the ability to provide non-recourse construction financing that can take the form of a senior loan, mezzanine loan, preferred equity or joint venture equity.
EB5 Capital operates USCIS-authorized EB-5 Regional Centers a around the country, most notably in Washington, D.C., California, and New York, offering investors a level of choice, safety and flexibility unmatched in the industry.
“Many of our clients see EB-5 financing as an attractive source of lower-cost capital to add to their capital stack,” said Phillips Realty Capital CEO, C. Stephen Shaw, Jr. “The combined real estate, finance, and EB-5 program expertise of the Phillips/EB5 Capital team is unmatched in the industry.”