Wednesday, December 28, 2011

Orlando EB5 Investment, LLC raises $16.5 Million to help fund two restaurants atop Los Angeles W Hotel

MAITLAND, Fla. --- Orlando EB5 Investments, a subsidiary company of Orlando based CommerCenters LLC, helped finance two upscale restaurants at the W. Hotel in West Hollywood, Calif. recently with $16.5 million in investment capital.

Richard A. Asta, president of CommerCenters, LLC and Orlando EB5 Investments, said the private equity group helps international investors obtain permanent U.S. immigration visas by investing $500,000 or more in U.S. projects that will generate or retain at least 10 jobs for U.S. workers.

Asta said financing the W. Hotel project was a joint venture that includes Orlando EB5 Investments and American Dream Fund of Los Angeles.

CommerCenters, LLC is a privately-owned, fully integrated real estate investment and development firm, affiliated with NAI Realvest and NAI Global, one of the largest worldwide commercial real estate brokerage firms. Headquartered in Maitland, Florida, CommerCenters has clients and joint venture partners in various cities in the United States and around the world.

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