SilversteinProperties EB5brochure
SilversteinProperties EB5brochure
THE FOLLOWING FINANCIAL MODELS AND/OR PROJECTIONS HAVE BEEN USED BY THE MANAGEMENT OF 30 PARK PLACE EB-5 LENDERS LLC (FUND)
AND/OR 99 CHURCH INVESTORS LLC (THE DEVELOPER) IN PLANNING THE FUTURE OPERATIONS OF THE FUND AND/OR THE DEVELOPER. THEY ARE
NECESSARILYSPECULATIVE IN NATURE AND SHOULD NOT BE VIEWED AS PROJECTIONS OF THE FUTURE FINANCIAL PERFORMANCE OF THE FUND OR THE
DEVELOPER. WHILE MANAGEMENT BELIEVES THAT THE OBJECTIVES OF THIS BROCHURE HAVE BEEN PREPARED IN GOOD FAITH, BASED UPON EXISTING
CONDITIONS AND REASONABLE ASSUMPTIONS, THERE CAN BE NO ASSURANCE THAT SUCH OBJECTIVES WILL BE REALIZED. THE ACTUAL RESULTS OF
THE OPERATION OF THE FUND AND/OR THE DEVELOPER MAY AND PROBABLY WILL VARY FROM THE FOLLOWING FINANCIAL MODELS OR PROJECTIONS;
AND SUCH VARIATIONS MAY BE MATERIAL. THE PERFORMANCE OF THE FUND AND/OR THE DEVELOPER AND THEIR RESPECTIVE ABILITIES TO MEET THE
OBJECTIVES OF THE FUND AND/OR THE DEVELOPER, AS DESCRIBED IN OUR MATERIALS, MAY BE AFFECTED BY MANY FACTORS, INCLUDING NUMEROUS
FACTORS THAT ARE BEYOND THE CONTROL OF THE FUND AND/OR DEVELOPER. SOME OF THESE FACTORS HAVE BEEN INCLUDED IN PRIVATE PLACEMENT
MEMORANDUM FOR THE FUND UNDER THE SECTIONS TITLED RISK FACTORS AND SHOULD BE READ IN THEIR ENTIRETY BY ANY POTENTIAL INVESTOR). THE
PRIVATE PLACEMENT MEMORANDUM OF THE FUND IS NOT A STATIC DOCUMENT BUT RATHER A CONTINUING PROCESS WHICH CHANGES OVER TIME. IT
SHOULD BE ANTICIPATED THAT THE PRIVATE PLACEMENT MEMORANDUM OF THE FUND WILL CHANGE DURING THE COURSE OF THE FUNDS OPERATIONS.
THE PROJECTED FINANCIAL INFORMATION IN THESE MATERIALS WAS NOT PREPARED TO COMPLY WITH GUIDELINES OF THE SECURITIES AND EXCHANGE
COMMISSION OR THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS. THE PROJECTIONS ARE NOT INTENDED TO FOLLOW GENERALLY
ACCEPTED ACCOUNTING PRINCIPLES. NEITHER OUR ACCOUNTANTS NOR OUR LEGAL COUNSEL HAVE COMPILED, AUDITED, PREPARED OR CONTRIBUTED
TO THE PROJECTIONS OR THE UNDERLYING ASSUMPTIONS. NONE OF THESE PARTIES EXPRESS AN OPINION WITH RESPECT TO THE PROJECTIONS.
THE SECURITIES MAY BE SOLD ONLY TO ACCREDITED INVESTORS, WHICH FOR NATURAL PERSONS ARE INVESTORS WHO MEET CERTAIN MINIMUM ANNUAL
INCOME OR NET WORTH THRESHOLDS.
THE SECURITIES ARE BEING OFFERED IN RELIANCE ON AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT OF 1933, AS
AMENDED (THE SECURITIES ACT) AND ARE NOT REQUIRED TO COMPLY WITH SPECIFIC DISCLOSURE REQUIREMENTS THAT APPLY TO REGISTRATION
UNDER THE SECURITIES ACT.
THE U.S. SECURITIES AND EXCHANGE COMMISSION HAS NOT PASSED UPON THE MERITS OF OR GIVEN ITS APPROVAL TO THE SECURITIES, THE TERMS OF
THE OFFERING, OR THE ACCURACY OR COMPLETENESS OF ANY OFFERING MATERIALS.
THE SECURITIES ARE SUBJECT TO LEGAL RESTRICTIONS ON TRANSFER AND RESALE AND INVESTORS SHOULD NOT ASSUME THEY WILL BE ABLE TO RESELL
THE SECURITIES.
INVESTING IN SECURITIES INVOLVES RISKS, AND INVESTORS SHOULD BE ABLE TO BEAR THE LOSS OF THEIR INVESTMENT.
30 PARK PLACE EB-5 LENDERS LLC WILL NOT BE REGISTERED AS AN INVESTMENT COMPANY UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED
(THE INVESTMENT COMPANY ACT). CONSEQUENTLY, INVESTORS WILL NOT BE AFFORDED THE PROTECTIONS OF THE INVESTMENT COMPANY ACT.
THIRD PARTY DISCLAIMER
NONE OF CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM, FOUR SEASONS HOTELS LIMITED, THE CHILDRENS INVESTMENT FUND MANAGEMENT (UK) LLP, TISHMAN
CONSTRUCTION CORPORATION OR ANY OF THEIR RESPECTIVE OFFICERS, EMPLOYEES, AGENTS OR AFFILIATES (I) MAKES ANY EXPRESSED OR IMPLIED REPRESENTATION,
WARRANTY OR UNDERTAKING WITH RESPECT TO THIS BROCHURE, (II) ACCEPTS ANY RESPONSIBILITY OR LIABILITY WITH RESPECT TO THE ACCURACY OR COMPLETENESS OF
THIS BROCHURE AS TO THE PROPOSED SUITABILITY OF THE INVESTMENT FOR ANY PARTICULAR INVESTOR OR OTHERWISE IN CONNECTION WITH THE OFFERING, OR (III) HAVE
PREPARED OR ENDORSED THIS BROCHURE OR ANY OTHER DOCUMENTS RELATING TO THIS OFFERING.
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FOUR SEASONS HOTELS LIMITED (FOUR SEASONS) AND ITS AFFILIATES DO NOT OWN THE FOUR SEASONS HOTEL NEW YORK, DOWNTOWN (THE HOTEL). THE OWNER OF THE
HOTEL USES THE FOUR SEASONS TRADEMARKS AND TRADENAMES UNDER LICENSES FROM FOUR SEASONS. THE HOTEL WILL BE MANAGED BY FOUR SEASONS ON BEHALF OF
THE OWNER OF THE HOTEL PURSUANT TO A LONG-TERM MANAGEMENT CONTRACT. FOUR SEASONS IS NOT, AND SHALL NOT BE CONSIDERED TO BE, OFFERING, SOLICITING
OR ARRANGING ALL OR ANY PART OF THE FINANCING FOR THE HOTEL, THROUGH THE EB-5 PROGRAM OR OTHERWISE. FOUR SEASONS HAS NO RESPONSIBILITY FOR THE
TRUTH, ACCURACY OR COMPLETENESS OF (A) ANY INFORMATION INCLUDED HEREIN OR IN ANY OTHER DOCUMENT RELATING TO, OR REFERENCED IN CONNECTION WITH,
THE PROPOSED FINANCING, OR (B) ANY RELIANCE THEREON BY ANY POTENTIAL INVESTOR OR ANY OTHER PARTY.
Investor Capital
Contribution:
$500,000
Developer:
An affiliate of Silverstein
Properties, Inc.
Administrative Fee:
$50,000
Yield on Capital
Contributions:
0.25%
Term:
5 years, with two one-year extension
options exercisable by borrower
QUALITY OF LIFE
New York is a state in the Northeastern and Mid-Atlantic regions of the United States. New York is
the 27th largest state and the third-most populous state in the country. New Yorks gross domestic
productin 2014 was $1.3 trillion, ranking third in size behind the larger states of California and Texas.
Lowest crime rate among the ten largest cities in the United States
CULTURE
World Capital for Visual and Performing Arts
Home to Broadway with its 40 theaters
Lincoln Performing Arts Center, Carnegie Hall, MOMA, Metropolitan
Museum of Art
More than 1,000 performing arts organizations
More than 24,000 restaurants
+
Worlds Financial
Capital
43 Fortune 500
Companies
United Nations headquarters
5 of top 10
1.3 trillion
2nd Largest
55 Million
8.4 million
Largest port
on the Atlantic Coast
Times Square
Statue of Liberty
3.0 MM SQ FT
3.1 MM SQ FT
2.8 MM SQ FT
BROOKFIELD PLACE
YEAR OF RENOVATION 2014
8.0 MM SQ FT
2.5 MM SQ FT
1.7 MM SQ FT
GOLDMAN SACHS
YEAR OF COMPLETION 2010
2.1 MM SQ FT
*Anticipated
$20 BILLION IN
CAPITAL INVESTMENT
LARGEST GREEN
DEVELOPMENT
IN THE WORLD
LARGEST
TRANSPORTATION
HUB IN NEW YORK CITY
750,000 SQFT OF
NEW RETAIL
VIBRANT 24/7
COMMUNITY
15 PARKS IN
DOWNTOWN
MANHATTAN
UNRIVALED
ACCESS TO THE
WATERFRONT
NY Waterway Ferry
12 30 6
2
3
SUBWAY LINES
PATH ROUTES TO NJ
BUS ROUTES
FERRY TERMINALS
LINKS TO INTERNATIONAL
AIRPORTS
HOTEL
Floors: 7-22
Keys: 185
AMENITIES
Floors: 1-6
CONSTRUCTION
Start Date: 2013
Expected Completion: June 2016
Project Information
Guest Rooms
Penthouses
Residences
Amenities
Hotel
HOTEL
Floors: 7-22
Keys: 185
AMENITIES
Floors: 1-6
CONSTRUCTION
Start Date: 2013
Expected Completion: June 2016
Avg SQ FT
437
757
853
1,705
3,508
Total/Average (185)
518
437
974
SQ FT
5,238
SQ FT
Ballroom
3,110
Meeting Room 1
1,408
Meeting Room 2
710
Meeting Room 3
392
Pre-Function Areas
2,229
Total
7,849
Amenities
SQ FT
Spa
4,400
7,000
CONSTRUCTION JOBS
The developer has engaged Economic & Policy Resources, Inc. (EPR) to analyze the economic and job
creation impacts of the project. The analysis prepared by EPR used a Regional Dynamics Model, also
known as REDYN, for calculating job creation by the project. According to the analysis, EPR estimates
that the likely job impacts from the project will be the creation of 5,543 new jobs from constructionrelated activities only.
Silverstein Properties, Inc. (SPI) is a New York based real estate investment and
development firm. Founded by Larry Silverstein in 1957, the firm develops highquality projects in the commercial, residential, and hospitality sectors that create
value for investors and improve the quality of life for tenants.
Silverstein Properties track-record includes the acquisition of the World Trade
Center the largest real estate transaction in New York Citys history as of 2001,
opening New York Citys first LEED-certified office tower, building the largest Four
Seasons hotel in world at the Walt Disney World Resort, and numerous other
projects that when combined total over 3.5 million square meters of acquisition
and development activity. The firms long history of success are a testament to
its professionalism, attention to detail, financial stability, and the quality of its
seasoned team, which have made SPI one of the United States most respected real
estate firms.
CHINA
Founded in 1960, Four Seasons Hotels and Resorts has followed a targeted
course of expansion, opening hotels in major city centers and desirable resort
destinations around the world. Four Seasons currently manages 83 hotels
in 35 countries and has more than 25 properties under development. From
elegant surroundings of the finest quality to caring, highly personalized 24hour service, Four Seasons embodies a true home away from home for those
who know and appreciate the best.
Robert A.M. Stern Architects, LLP is a 300-person firm of architects, interior designers,
and supporting staff. Over its forty-five-year history, the firm has established an
international reputation as a leading design firm with wide experience in residential,
commercial, and institutional work. As the firms practice has diversified, its geographical
scope has widened to include projects in Europe, Asia, South America, and throughout
the United States. The firm maintains an attention to detail and commitment to design
quality which has earned international recognition, numerous awards and citations
for design excellence, including National Honor Awards of the American Institute of
Architects, and a lengthening list of repeat clients.
Examples of the firms work include the George W. Bush Presidential Center at Southern
Methodist University in Dallas, Texas; Bloomberg Center at the Harvard Business
School, Boston, Massachusetts; Fifteen Central Park West, the record-setting residential
building on a full city block in New York City; Comcast Center, a 57-story office building
in Center City Philadelphia; and continuing work with the City and State of New York on
the implementation of the design guidelines it developed for the revitalization of the
theater block of New York Citys 42nd Street.
RAMSA was founded by Robert A.M. Stern - a practicing architect, teacher, and writer.
As founder and Senior Partner of Robert A.M. Stern Architects, he personally directs
the design of each of the firms projects. Mr. Stern is also the J.M. Hoppin Professor of
Architecture and Dean of the Yale School of Architecture.