The pooled investment funds sponsored by ENYRC utilize EB-5 investment capital to provide financing to carefully selected, world-class projects. Since receiving regional center designation, ENYRC has raised $175 Million for three separate funds; International Gem Tower Fund, International Gem Tower Fund II, and Extell 4110 LLC.
The first EB-5 investment opportunity successfully raised $75 Million for Extell Development Company’s International Gem Tower (IGT) project. The International Gem Tower Fund LLC ($50 Million) and International Gem Tower Fund II ($25 Million) were created as pooled investment vehicles to provide debt financing to Extell GT LLC (IGT).
The second EB-5 investment opportunity successfully raised $100 Million for Extell Development Company’s 555 Tenth Avenue project, Extell 4110 LLC.