ASGA, LP

ASGA, LP is a 2015 project that marks our first foray into two new spaces – South Carolina and mill conversions. This project will total about $47.5 million, with $7.5 million of that coming from EB-5 investors. This involves the revitalization and conversion of the American Spinning Mill, a former textile mill in Greenville, South Carolina. Ultimately, the Mill will be converted to roughly 200 loft-style apartments. Greenville itself is a booming market that experienced considerable population growth in recent years, so there is ample demand for a project of this type. EB-5 investors’ I-526 petitions were approved beginning in September 2016.