NMS Capital Advisors Engaged as Financial Advisor to the 201 Lexington Project, a 494-Unit Luxury Apartment Complex in Glendale, California
NMS Capital Advisors, LLC (“NMS”) a leading global focused investment banking firm, announced today that it has been engaged as the Financial Advisor and Broker Dealer in connection with a $26,000,000 capital raise utilizing the U.S. Citizenship and Immigration Services (USCIS) EB-5 Immigrant Investor Program.
The 201 Lexington Project (the “Project”) is being developed by Century West Partners. W.E. O’Neil has been contracted as general contractor to build the $234 million Project. The EB-5 capital financing is being raised through Bridge 201 Lexington NCE, LP. The Project is located in Glendale, California, the third largest city in Los Angeles County. When completed, the Project shall consist of a four building apartment community with 494 luxury apartment units. Unit finishes will include stainless steel appliances, quartz countertops in kitchens and bathrooms, vinyl-plank flooring, luxury bathroom hardware, washer/dryer in each unit, in-wall USB outlets, Blue-tooth enabled amplifiers with in-wall speakers, and other best-in-class features. Property amenities include bicycle locker, onsite storage space, underground parking, party room and kitchen, conference room, fitness center, and an outdoor pool and sun deck. The approximately 8,057 square feet of retail space will be tenanted with businesses that provide additional amenities for the residents, such as a spa, restaurant, dry-cleaner, pet care store, etc.
The Hollywood Regional Center is sponsoring the Project for the EB-5 Program job qualification.
About the EB-5 Immigrant Investor Program
The EB-5 Immigrant Investor Program is a government sponsored program that was introduced with the Immigration Act of 1990. The program permits foreign nationals and their immediate family to earn their permanent alien visa (green card) by investing either $500,000, if in a targeted employment area (TEA), or $1,000,000 in a qualifying business enterprise that will create or preserve at least 10 new U.S. jobs per foreign capital investment. Investments are usually structured in conjunction with a licensed regional center that is approved by the United States Citizenship and Immigration Services. The application process is complex and all foreign investors should consult with an attorney for legal advice. In regard to the investment process, it is important to ensure that the investments are properly structured and in compliance with applicable U.S. and foreign securities laws.
About NMS Capital Advisors, LLC
Founded in 2006, NMS Capital Advisors, LLC is a leading full service, global focused investment banking, securities and wealth management firm headquartered in Beverly Hills, California. We provide a full array of investment banking and advisory services including debt and equity capital raising for public and private companies, mergers and acquisitions, cross-border advisory, private equity and hedge fund advisory, valuations and fairness opinions, EB-5 capital advisory, securities brokerage and other strategic advisory services. Together with our affiliated registered investment advisory firm, NMS Capital Asset Management, Inc. we offer wealth management, alternative investments, insurance and asset management services. NMS Capital Advisors is registered broker-dealer with the Securities and Exchange Commission.
For more information, please visit www.nmsadvisors.com.
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NMS Capital Advisors, LLC is a registered broker dealer and, Member of FINRA and SIPC.