ASLD, LP is funding the development of two senior living complexes in suburban Atlanta – Creekside Village in Smyrna and Canton Cove in Canton, Georgia. Both areas were certified as TEA’s and are within the geographic area of Southeast Foreign Investment Center, a USCIS-designated EB-5 regional center.
ASLD’s EB-5 investors have provided $8,500,000 in funding for a development totaling $31,000,000. The facilities are being co-developed by the Provident Group, a large owner-operator of nursing homes, and they will manage it upon completion. These projects involve the new construction of both buildings and a total of 256 jobs will be created. EB-5 investor petitions were filed on behalf of investors from China, Burkina Faso, Iran, Egypt, and India and approvals on I-526 petitions began arriving in late 2016 and early 2017.