Project Overview

Foreign investors seeking a direct route to a U.S. Green Card via the EB-5 immigrant investor program are offered the unique opportunity to lend as little as USD $500,000* to an experienced successful developer, ESJ Capital Partners (“ESJ”), for investment in a first-rate American Charter School project. ESJ is well-established in the region with successful track record in building several local charter schools currently serving more than 8,000 students.

Once the school construction will be completed, Charter School USA (CSUSA) is to rent the built facility and to become in charge of the official operations of the school in the state of Florida.

Financing

In the form of a subsidy per student, the local government and state of Florida will provide a source of steady income for CSUSA to cover for operating costs while remaining responsible of overseeing the school’s financial and academic performance as it does for all schools across the state.

Description of the school and location

The subject property is located on a vacant parcel of land located in Wellington, a city in Palm Beach County, Florida, United States located in the West Palm Beach-Boca Raton – Delray Beach Metropolitan Statistical Area (“MSA”). This MSA has a population of over 1.3 million people and according to the U.S. Census Bureau,
has had a 1.1% population growth in 2011. Wellington demographics are excellent, within a 5 mile radius of the school’s location there are over 165,000 residents with an average age of 42 years old, with an average household income of over $80,000 per year. The property is well located near two major roadways, U.S 441 and State Road 7.

The school will occupy 7,900 square meters and will have a capacity of 1,200 students from K through Grade 8 (Kindergarten, Elementary School, and Middle School) and 200 children from the day-care facility.

* plus management and legal fees

 

Construction Progress

Construction Date: 2014-02

Construction Date: 2014-03

Construction Date: 2014-04

Construction Date: 2014-08

 Construction Date: 2014-08

Construction Date: 2014-08

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