Brooklyn Gardens mixed-use building exterior
Current Offering · EB-5 Program

Brooklyn
Gardens

394 Mother Gaston Blvd · Brooklyn, New York City · TEA
Green Card Risk
I-956F Approved by USCIS
403 actual jobs created — 44% above requirement
Capital Protection
Senior Secured · 1st Lien Position
EB-5 loan is ~⅓ of $66MM appraised value
Market Stability
NYC Multifamily: 95%+ Occupancy
Consistent for 10+ consecutive years
Request the Offering Documents
Target Raise
$22.4MM
Per Investor
$800,000
Jobs Created
403
Appraised Value
$66MM
Loan Maturity
2029
Why This Deal

The Investment Case

01 — Green Card

USCIS I-956F Pre-Approval

USCIS has pre-approved this project's exemplar petition under the EB-5 Reform and Integrity Act — a strong signal that individual investor green card petitions will be approved. The project has already created 403 actual jobs, well in excess of the 280 required.

403 jobs · 280 required
02 — Capital Protection

Senior Secured, First Position

The EB-5 loan replaces the existing senior construction loan, placing investors in first-lien position. The entire building and land serve as collateral. At $22.4MM against a $66MM independent appraisal, the loan-to-value is approximately 34%.

34% LTV · Maven Appraisals
03 — Market

NYC Rental: Proven Resilience

New York City multifamily has maintained over 95% occupancy for more than 10 consecutive years, with limited new supply in Brooklyn supporting long-term property values. The project also benefits from a 35-year NYC tax incentive that substantially improves cash flow.

95%+ occupancy · 10+ years
Offering Structure

Deal Terms

Target EB-5 Raise
$22.4MM
Investment Per Investor
$800,000
Admin Fee
$80,000
Loan Maturity
2029
Fund Manager
Intellex Capital
Developer
LM Developments
Loan Position
Senior Secured · 1st Lien
Repayment Source
Refinancing

* Issuer reserves the right to expand the offering to $32.8MM as more fully described in the private placement memorandum.

The Property

A Newly Completed Mixed-Use Building in Brooklyn

Stories
12
Apartments
62
Parking
80
Gross Area
8,847 SM
Lot Size
929 SM
Commercial Space
1,858 SM
The neighborhood surrounding Brooklyn Gardens

The neighborhood surrounding Brooklyn Gardens

Location

Well Located in Brooklyn, New York City

Map showing Brooklyn Gardens location in Brooklyn

Targeted Employment Area — $800K Investment Threshold

The project is located within a federally designated Targeted Employment Area (TEA), qualifying investors for the standard $800,000 EB-5 investment. The site is served by multiple subway lines with direct access to Manhattan and major employment centers throughout New York City.

Targeted Employment Area (TEA) Multiple Subway Lines $800K Investment Threshold Brooklyn, New York City
The Developer

LM Developments

LM Developments is a global institutional platform stewarding more than $1 billion in assets across trade, energy, real estate, and structured capital. With 40 years of U.S. government-authorized operations, the firm brings institutional rigor and a generational time horizon to every project.

Visit LMDevelopments.com →
LM Developments coat of arms

Ready to Learn More?

Our team will walk you through the offering documents and answer your questions about the investment and the EB-5 process.

New York City skyline

This page describes a private securities offering available only to accredited investors. No offer to sell any security is made by this website. Any securities offerings will be conducted in reliance on exemptions from the registration requirements of applicable securities laws and will be made only through formal offering documents. Prospective investors should carefully review the risk factors described in such documents before making any investment decision.