Marriott Residence Inn & Courtyard
LA Live – Los Angeles, CA
EB5 United’s Scott Fuller was part of the development team, and is a current owner in the General Partner
EB-5 CAPITALIZATION
$181,000,000 Equity
I-526 APPROVALS
100%
I-829 APPROVALS
100%
OVERVIEW
- Dual branded Marriott Courtyard & Residence Inn
- Number of Rooms: 393
- Project Completed: June 2014
- Long-Term Hold, EB-5 Investors are earning approx. annual 8.0% return, paid monthly
MARRIOTT INTERNATIONAL
- Own Marriott, Starwood, Ritz-Carlton and other brands
- Trade on the NASDAQ under symbol “MAR”
- NASDAQ-100 component, S&P 500 component
- Operate more than 6,500 properties in 127 countries and territories around the world, over 1.2 million rooms (as of September 2017), and an additional 195,000 rooms in the development pipeline
LA LIVE
- LA LIVE was developed by Anschutz Entertainment Group (AEG), and cost approximately $2.5 billion to develop
- Features approx. 5,600,000 square feet of concert theatres, hotel, bars, restaurants, office space and more
- Home to the Staples Center, Grammy Museum, and 54-story two hotel hybrid tower hotel that includes a 879 room JW Marriott, 123 room Ritz-Carlton Hotel, and 224 Residences at the Ritz Carlton condominiums
- LA Live is located immediately adjacent to the Los Angeles Convention Center