AscendAmerica is an EB-5 Regional Center focused on investment in large-scale commercial real estate development in New York, New Jersey, Pennsylvania & Connecticut. Our opportunities are tailored to foreign nationals seeking to obtain permanent residency in the United States.
The EB-5 Program Explained |
The EB-5 Program Explained |
AscendAmerica's Unique Approach to EB-5 |
AscendAmerica’s Unique Approach to EB-5 |
Risk Mitigation |
Risk Mitigation |
One Domino Square, located on the Williamsburg Waterfront in Brooklyn, New York, is a luxury residential project that includes ground floor retail space. The project is part of Two Trees Management Co.’s $2 billion redevelopment of the former Domino Refinery campus just north of the Williamsburg Bridge. The project is virtually complete and 271 of the 279 market rate apartments have been leased. Approximately 70 jobs/investor have already been created. One Domino Square is in a TEA and eligible for the reduced investment requirement of $800K. The I-956F (formerly known as an “exemplar”) petition for this project has been approved by USCIS. Contact us for details at info@ascendamerica.com
The Refinery is located on the Williamsburg Waterfront in Brooklyn, New York. The landmarked building, formerly the Domino Sugar Refinery, is part of the $2 billion redevelopment of the Williamsburg Waterfront undertaken by Two Trees Management Company. Construction of the project is complete and leasing in currently underway with multiple tenants signed and approximately 40% of the space currently occupied. Equinox, the high-end fitness brand, has leased approximately 40,000 square feet across three floors and, in December 2024, opened the first lux gym in the Williamsburg market. Approximately 55 jobs/investor have already been created. The project is in a TEA and therefore eligible for the discounted investment requirement of $800K. The I-956F (formerly known as an “exemplar”) petition for this project has been approved by USCIS. Contact us for details at info@ascendamerica.com
Financing:
$262 Million Total Project Cost
$168 Million NY State HFA Bonds (64%)
$74 Million Developer Equity (28%)
$20 Million EB-5 Capital (8%)
EB-5 Details:
40 EB-5 Investors
$20 Million EB-5 Capital Raised
Job Creation Requirement Exceeded
(62 jobs/investor)
Project Status:
Fully Subscribed
100% I-526 Approval Rate
100% I-829 Approval Rate
Developer has repaid investments on schedule
Financing:
$287 Million Total Project Cost
$180 Million NY State HFA Bonds (63%)
$80 Million Developer Equity (28%)
$27 Million EB-5 Capital (9%)
EB-5 Details:
54 EB-5 Investors
$27 Million EB-5 Capital Raised
Job Creation Requirement Exceeded
(50 jobs/investor)
Project Status:
Exemplar Approved
Fully Subscribed
100% I-526 Approval Rate
100% I-829 Approval Rate
Developer has repaid investments on schedule
Financing:
$303 Million Total Project Cost
$175 Million NY State HFA Bonds (58%)
$100 Million Developer Equity (33%)
$28 Million EB-5 Capital (9%)
EB-5 Details:
56 EB-5 Investors
$28 Million EB-5 Capital
Job Creation Requirement Exceeded
(65 jobs/investor)
Project Status:
Exemplar Approved
Fully Subscribed
Construction Complete
100% I-526 Approval Rate
100% I-829 Approval Rate
Developer has repaid investments on schedule
Brooklyn, NY Two Trees Management Co. reported the signing of six new office leases at The Refinery at Domino: RomanAI, Contra, Kamp Grizzly, Zulu Alpha Kilo, Lola Blankets, and Mega. Totaling over 16,000 s/f, these new deals contribute to the property’s leasing momentum and growing…
Two Trees Management brings commercial companies specializing in technology, beauty, events and marketing WILLIAMSBURG — Two Trees Management Co., a family-owned, Brooklyn-based real estate development firm, has announced four lease signings across the third and fourth prebuilt floors at The Refinery at Domino, the crown…
By Kirstyn Brendlen Construction has begun at the last parcel of land at the old Domino sugar site, marking the beginning of the end of a 12-year-long project. A 545-high mixed-use building will soon rise at Domino Site B, sandwiched between 1 South First and…
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