COTA VERA
CHULA VISTA, SAN DIEGO, CA
HomeFed
has been developing award-winning master-planned communities for over 30 years. Largest owner of residential land in San Diego County. Public company with a strong balance sheet, conservative approach, and low leverage.
Wholly owned by Jefferies Financial Group,
a diversified investment company traded on the New York Stock Exchange (symbol JEF), with a market cap in excess of 9 billion.
HomeFed's sister company Jefferies Group LLC
is the 9th largest investment bank in the world by revenue.
PROJECT SUMMARY
909628660
$Total Project Costs
171000000
$EB-5 Funds (19%)
268
Number of Investors
2680
Job Creation Needed
4038
Total Job Creation
5
Loan Term Years(with 83-month extension options)
HomeFed Corporation
Project Developer
Discovery California, LLC
Regional Center
HomeFed Village 8, LLC / owned subsidiary of HomeFed
JCE
1st Trust Deed to Additional Development Land
Collateral
- Located in the City of Chula Vista - 15 miles from Downtown San Diego.
- More homes sold than any other master-planned community in San Diego.
- 22,899-acres - One of the largest master-planned communities in the United States.
- Approximately 30,000 homes, supporting service, retail and community amenities in 11 development areas.
- Otay Ranch is approximately half complete.
- Côta Vera is the newest community within the larger Otay Ranch master-plan.
SURPLUS JOB CREATION
-
100% of the jobs created
are direct construction jobs which are not dependent on on-going business. This cushion offers investors a 51% job surplus. -
Each investor is expected to receive credit
for creation of 15 jobs, well surpassing the employment conditions for a green card approved by USCIS. -
construction activities
Based on construction activities and expenditures form Oct 2018 through Jul 2024.
contact
For general inquires, please contact us via email at
partners@bethercapital.com
More
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CANADA
13 Myrtle Street, Suite i Stratford,
PE C1B 1P4, Canada
T. +1 902 370 3339 -
CHINA
2305, TYG Center Bldg. B, C2 E. 3rd Cir. North Rd, Chaoyang District, Beijing, China
T. +86 158 0657 0344 -
KOREA
Seokwan 1114 Ho, 322
Teheran-ro, Gangnam-gu,
Seoul, Korea
T. +82 2 542 1344 -
U.S.A.
3700 Wilshire Blvd.,
Suite 1000
Los Angeles, California 90010, U.S.A.
T. +1 832 350 6485 -
VIETNAM
10/29 Tran Nhat Duat,
Tan Dinh Ward, District 1,
HCMC, Vietnam
T. +84 967 36 38 40