Published on September 19, 2018
slide 1: 1 Does not constitute an offer solicitation or recommendation to sell or an offer to buy any securities investment products or investment advisory services. slide 2: Project One of the last beachfront property in Palm Beaches 170 suites and 90 resort residences –all with ocean views Over 11000 square feet of meeting facilities Over 30000 square feet of Spa and Wellness facilities Roof Top Pool 2 slide 3: EB 5 Investment 3 slide 4: Investment Structure 4 slide 5: Florida 5 20th largest economy in the world 4th largest population in the US more than that of Chile the Netherlands and Greece Expected to overtake New York as the nation’s 3rd most populous state 95 million tourists visit each year More than 158 billion in annual merchandise trade More than 800 billion in state GDP - the 4th largest in in the US more than that of Switzerland Saudi Arabia and Argentina More than 815 billion in personal income 1 in the Southeast USA No personal income tax NY/NJ – 8.97CA – 13.3 slide 6: Palm Beach County 6 USA’s one of the top Luxury tourist destination The Playground of The Rich and The famous Known as having “The Best of Everything” Tourism generates more than 5 Billion and supports 45000 jobs 6 Million+ passengers at Palm Beach International Airport annually Ranked as one of the Top 5 cities –by Conde Nast Traveler Tiger Woods Serena and Venus Williams Donald TrumpCarl Icahn Celine Dion Lilly Pulitzers and many other celebrities call it home Located between Disney World Orlando and South BeachMiami slide 7: Singer Island 7 Over 5 miles of pristine beaches on Atlantic ocean Average year round temperature of 75 degrees F Breathtaking views of azure blue Atlantic ocean Famous for its water sports facilities Home to Marriott Resort HiltonMariott Vacations and Ritz Carlton Residences slide 8: Singer Island 8 slide 9: Singer Island 9 slide 10: Singer Island 10 slide 11: Project Site 11 slide 12: Project Site 12 slide 13: Project Site 13 slide 14: Project Site 14 slide 15: Exemplar Approval by USCIS 15 slide 16: Government Support 16 slide 17: Job Creation Study 17 Dr. Michael K. Evans Chairman Evans Carroll Associates Inc. 1980 – present slide 18: Job Creation 18 slide 19: Condominium Market 19 Recent top sales in South Florida Oceanfront locations PROJECT BEDS SALE PRICE Setai Resort And Residences 4 27000000 ICON South Beach 6 15000000 Ocean House 4 15000000 Continuum On South Beach 3 13000000 Apogee South Beach 3 12400000 Apogee South Beach 4 9550000 Continuum On South Beach 5 8600000 Continuum On South Beach 4 8300000 Setai Resort And Residences 3 7790000 Setai Resort And Residences 3 7575000 slide 20: Condominium Market 20 Recent top sales on Singer Island Sale Date Price Sq.Ft Price per Sq.ft. Jan-14 2950000 3605 818 Feb-14 2950000 3605 818 Feb-14 3430000 3950 868 Mar-14 1300000 1725 753 Mar-14 3450000 3950 873 Mar-14 1800000 1920 937 Apr-14 1500000 1920 781 slide 21: Project Appraisal by RoE Minor 21 Upon Completion Value of Wellness Resort and Spa 227450000 Upon Stabilization Value of Wellness Resort and Spa 301050000 slide 22: Who is RoE Minor 22 Government Licensed Appraiser Based in Miami since 1944 Provides valuation counseling and brokerage on an extensive range of real property Assignments have been executed for banks insurance companies governmental agencies developers corporations real estate trusts attorneys and private clients. Mr. Minor holds the MAI designation from the Appraisal Institute Member of Appraisal Institute MAI No. 11473 slide 23: What is LTV 23 A term used by banks lenders and financial institutions Used to assess risk in lending to a borrower Ratio of the loan to the value of the property Represents the first mortgage lien as a percentage of the total appraised value of real property. The lower the ratio the lower the perceived risk of default The risk of default is always the key component of any lending decision Measure of how much is being borrowed in relation to how much the property is worth slide 24: Project LTV 24 • Appraised Value at Stabilization US301 Million • EB-5 Loan US80 Million Project LTV – 26 slide 25: Strong Financial and Legal Team 25 slide 26: Creative Choice Group 26 Founded in 1984 in Palm Beach Gardens Florida successful investment and development companies who developed a portfolio valuing about 1 billion. Working with recognized banks lenders and limited partners including: Citi Bank JP Morgan Goldman Sachs Chevron Exxon Wells Fargo PNC HSBC Regions South Trust Bank of America. Over the past 30 years group’s private ventures have acquired or developed more than 40 properties including over 7000 rental units and in excess of 20 million square feet of residential leasing space much of which continues to be managed by the Group. slide 27: 27 Thank You Does not constitute an offer solicitation or recommendation to sell or an offer to buy any securities investment products or investment advisory services.