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 |
280 Kent North Square is a luxury residential project on the Williamsburg waterfront in Brooklyn, part of Two Trees Management’s $2 billion redevelopment of the former Domino Refinery campus. Construction began in April 2025, the foundation is complete, and the superstructure is now rising. Once finished, the project will include about 605 luxury apartments and 9,133 square feet of ground-floor retail, and is projected to create more than 85 jobs per investor. It is located in a TEA and qualifies for the reduced $800K investment threshold. The I-956F petition has been filed with USCIS and is currently pending. For details, contact info@ascendamerica.com.
The Refinery is a landmarked former Domino Sugar building on the Williamsburg waterfront in Brooklyn, now part of a $2 billion redevelopment by Two Trees Management. Construction is complete, leasing is underway, and the property is already over 70% occupied with multiple tenants signed. Equinox has leased about 40,000 square feet across three floors and opened Williamsburg’s first luxury gym in December 2024. The project has already created approximately 65 jobs, is located in a TEA, and qualifies for the reduced $800K investment threshold. Its I-956F petition has also been approved by USCIS. For details, contact info@ascendamerica.com.
Financing:
$424 Million Total Project Cost
$221 Million Senior Construction Loan (52%)
$163 Million Developer Equity (38%)
$40 Million EB-5 Capital (9%)
EB-5 Details:
50 EB-5 Investors
$40 Million EB-5 Capital Raised
Job Creation Requirement Exceeded
(76 jobs/investor as of September 30, 2025)
Project Status:
Fully Subscribed
100% I-526 Approval Rate to date
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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