Marriott Residence Inn
Pearl District / Portland Downtown, OR
EB-5 Capital 100% returned with 12% yield to EB-5 Investors (October, 2019)
EB5 United’s Scott Fuller was the CEO of the company that raised EB-5 funds, and also part of the development team, and former owner in the Project
EB-5 CAPITALIZATION
$51,000,000 Equity
I-526 APPROVALS
100%
I-829 APPROVALS
100%
OVERVIEW
- Hotel managed by Marriott International
- Number of Rooms: 225
- Project Completed: April 2014
- EB-5 Investors distributed profits of $6,600,000 in just first two years
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
PEARL DISTRICT
- The Pearl District was named one of the coolest neighborhoods in the world in 2016
- 15 Coolest Neighborhoods in the World
- The Pearl is one of the most successful urban redevelopments in the U.S., and the most valuable real estate in Portland
- For travelers seeking a hotel, the Pearl District is the first choice given the vibrant mix of the Live-Work-Play community full of condominiums, apartments, office space, art galleries, restaurants, bars, shopping and public parks