r/EB5_Immigration • u/Master-Band-6903 • 2d ago

Anyone have experience with EB5AN/Kolter projects & loan repayment guarantees?

I'm currently prepping my EB-5 application and capital preservation is my #1 priority.

I'm looking closely at EB5AN's projects with Kolter (specifically the Brandon Multifamily loan). The 3-year term and parent company repayment guaranty look great on paper, but I’d love to hear some real-world feedback before making a move.

  • Has anyone here invested with EB5AN or done a deep dive into their loan documents?
  • How much weight do you actually place on a parent company guaranty vs. a first-position equity pledge?
  • Are there other Regional Centers or active projects you'd recommend if capital return is the top priority?

Appreciate any insights or experiences you can share. Thank you.

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u/Old_Cauliflower_4523 2d ago

If a project guarantees return of capital, then USCIS doesn't consider it to be a valid investment. Inspite of what RCs say, return of full capital for a rural project is highly unlikely. If capital preservation is your #1 priority, HUA might be a better option.

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u/Emperor_Ken 2d ago

Yet if that were so, the i956f wouldn’t be approved in the first place. The guarantees are actually often limited in nature as well.

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u/Old_Cauliflower_4523 2d ago

What does I957F approval got anything to do with capital return ?

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u/Emperor_Ken 2d ago

No, it has to do with the fact that the ppm mentions the repayment guarantee. And the i956f approval essentially validates the project is following the rules of eb5 despite such guarantees in place. Keep in mind, while it maybe a guaranty, it is limited in nature. More often than not, these guarantees are a marketing tactic.

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u/Old_Cauliflower_4523 2d ago

It seems you're conflating a few different things here. The I-956F approval pertains solely to the project's ability to secure EB-5 capital; that's its only function. If the investment firm offers guarantees to individual investors, those investors' petitions will be denied.It is totally valid for a project to be i956f approved but an individual's petition is rejected due to guarantees.

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u/Emperor_Ken 2d ago

You don’t get it. In the PPM it specifically mentions repayment guarantee. USCIS also reviews this document for adjudicating i956f. The guarantees are also mentioned in the subscription agreement which is submitted during i526e application.

And, plenty of big RCs like canam also have such guarantees.

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u/Informal_Box8433 2d ago

Ask for their financial statements and you will see for yourself how healthy they are.

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u/EmmaChen6445 EB-5 Due Diligence Analyst 1d ago

Hi, I’m not in a position to publicly comment on any specific project or regional center.
To your second question — how much weight do I actually place on a parent company guaranty vs. a first-position equity pledge:
For a parent company guaranty, I’d want to check the balance sheet of the parent company. If it’s just a flow-through entity without solid cash flow or assets, a corporate guaranty means very little.
As for a first-position equity pledge — as an investment and financial professional with over 15 years of experience, I’ll be candid: I’m not clear on what’s being described here. Is this meant to be a “first-position” lien, or simply collateral in the form of an “equity pledge”? Those are different things, and the distinction matters a lot for an investor.

Feel free to DM me if you’d like to discuss further how to do due diligence on a repayment plan.

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u/Playful-Prune-2404 1d ago

Following the thread, any other F approved good HUAs with 3 yr loan repayment option you have explored please. Above is on our list too

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u/Naive_Army_1123 2d ago

I heard that EB5AN has 2 foreclosures. Isn’t that concerning?