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Yahoo
3 days ago
- Business
- Yahoo
Peachtree Group Receives USCIS Approval for EB-5 Funded Madison Bradenton Multifamily Development
ATLANTA, August 13, 2025--(BUSINESS WIRE)--Peachtree Group ("Peachtree") has received I-956F approval from U.S. Citizenship and Immigration Services (USCIS), the federal agency that oversees the EB-5 Immigrant Investor Program, for the development of Madison Bradenton, a 240-unit multifamily community in Bradenton, Fla. Shop Top Mortgage Rates Your Path to Homeownership A quicker path to financial freedom Personalized rates in minutes The approval marks another major step forward for Peachtree's EB-5 program, which drives economic growth and job creation through foreign investment in U.S. projects. "Madison Bradenton reflects the strong demand for high-quality multifamily housing in growing markets," said Adam Greene, executive vice president of EB-5 at Peachtree. "This project underscores our ability to pair EB-5 financing with secured lending, delivering attractive opportunities for investors while meeting critical housing needs." This marks Peachtree's fourth I-956F approved development. Previous projects include Home2 Suites by Hilton in Boone, N.C., SpringHill Suites by Marriott in Bryce Canyon, Utah and TownePlace Suites by Marriott in Palmdale, Calif. Peachtree launched its EB-5 program in 2023 and remains committed to delivering high-quality, job-creating projects nationwide. Peachtree originated $47 million in floating-rate construction financing with a four-year term for the development. The project will include five four-story, elevator-serviced apartment buildings and one two-story carriage-style building, along with a clubhouse and several garage structures. The 10.7-acre site at 303 301 Boulevard West sits in Manatee County, one of Florida's fastest-growing areas. The location offers access to major employers, top healthcare centers and leisure destinations, including Siesta Key Beach, ranked among the nation's best. The community will feature 120 one-bedroom, 100 two-bedroom and 20 three-bedroom residences, averaging 1,027 square feet. Units will include stainless steel appliances, walk-in closets, granite countertops, kitchen backsplashes, ceiling fans, full-size washer-dryers and private patios or balconies. Bradenton and the North Port–Sarasota–Bradenton metropolitan area continue to benefit from strong population growth, economic expansion and an appealing coastal lifestyle. With 81 percent of area jobs accessible within a 30-minute drive and leading employers in healthcare, government and retail, the market outlook remains highly favorable. The EB-5 visa program allows foreign investors to obtain a green card in exchange for making a qualifying investment in a U.S. project that creates or preserves at least 10 full-time jobs. The minimum investment is $800,000. About Peachtree Group Peachtree Group is a vertically integrated investment management firm specializing in identifying and capitalizing on opportunities in dislocated markets, anchored by commercial real estate. Today, the company manages billions in capital across acquisitions, development and lending, augmented by services designed to protect, support and grow its investments. For more information, visit View source version on Contacts Charles Talbert678-823-7683ctalbert@
Business Wire
3 days ago
- Business
- Business Wire
Peachtree Group Receives USCIS Approval for EB-5 Funded Madison Bradenton Multifamily Development
ATLANTA--(BUSINESS WIRE)--Peachtree Group ('Peachtree') has received I-956F approval from U.S. Citizenship and Immigration Services (USCIS), the federal agency that oversees the EB-5 Immigrant Investor Program, for the development of Madison Bradenton, a 240-unit multifamily community in Bradenton, Fla. Peachtree Group received I-956F approval from USCIS for the development of Madison Bradenton, a 240-unit multifamily community in Bradenton, Fla. Share The approval marks another major step forward for Peachtree's EB-5 program, which drives economic growth and job creation through foreign investment in U.S. projects. 'Madison Bradenton reflects the strong demand for high-quality multifamily housing in growing markets,' said Adam Greene, executive vice president of EB-5 at Peachtree. 'This project underscores our ability to pair EB-5 financing with secured lending, delivering attractive opportunities for investors while meeting critical housing needs.' This marks Peachtree's fourth I-956F approved development. Previous projects include Home2 Suites by Hilton in Boone, N.C., SpringHill Suites by Marriott in Bryce Canyon, Utah and TownePlace Suites by Marriott in Palmdale, Calif. Peachtree launched its EB-5 program in 2023 and remains committed to delivering high-quality, job-creating projects nationwide. Peachtree originated $47 million in floating-rate construction financing with a four-year term for the development. The project will include five four-story, elevator-serviced apartment buildings and one two-story carriage-style building, along with a clubhouse and several garage structures. The 10.7-acre site at 303 301 Boulevard West sits in Manatee County, one of Florida's fastest-growing areas. The location offers access to major employers, top healthcare centers and leisure destinations, including Siesta Key Beach, ranked among the nation's best. The community will feature 120 one-bedroom, 100 two-bedroom and 20 three-bedroom residences, averaging 1,027 square feet. Units will include stainless steel appliances, walk-in closets, granite countertops, kitchen backsplashes, ceiling fans, full-size washer-dryers and private patios or balconies. Bradenton and the North Port–Sarasota–Bradenton metropolitan area continue to benefit from strong population growth, economic expansion and an appealing coastal lifestyle. With 81 percent of area jobs accessible within a 30-minute drive and leading employers in healthcare, government and retail, the market outlook remains highly favorable. The EB-5 visa program allows foreign investors to obtain a green card in exchange for making a qualifying investment in a U.S. project that creates or preserves at least 10 full-time jobs. The minimum investment is $800,000. Peachtree Group is a vertically integrated investment management firm specializing in identifying and capitalizing on opportunities in dislocated markets, anchored by commercial real estate. Today, the company manages billions in capital across acquisitions, development and lending, augmented by services designed to protect, support and grow its investments. For more information, visit
Business Wire
24-04-2025
- Business
- Business Wire
CORRECTING and REPLACING PHOTO Peachtree Group Receives USCIS Approval for EB-5 Funded SpringHill Suites by Marriott Development
ATLANTA--(BUSINESS WIRE)--Please replace the photo in release dated April 23, 2025 with the accompanying corrected photo. Peachtree Group received its I-956F approval for the currently under construction SpringHill Suites by Marriott in Bryce Canyon, Utah. The release reads: Peachtree Group ("Peachtree") has received its I-956F approval from U.S. Citizenship and Immigration Services (USCIS), the government agency that oversees the EB-5 Immigrant Investor Program, for the currently under construction SpringHill Suites by Marriott in Bryce Canyon, Utah. The I-956F approval, granted by USCIS, marks a crucial step in Peachtree's ongoing efforts to facilitate investment opportunities through the EB-5 program, which is designed to promote economic growth and job creation in the U.S. 'Securing USCIS approval for this project marks an important milestone,' said Adam Greene, executive vice president of EB-5 at Peachtree. 'It highlights our continued focus on structuring and originating capital for high-quality developments that generate economic impact and long-term value for investors and communities.' Peachtree originated $16.95 million in floating-rate construction financing over a three-year term for the development of a 127-room SpringHill Suites in Bryce Canyon, Utah. The hotel will be located about 10 minutes from Bryce Canyon National Park, one of the most iconic natural attractions in the United States. Known for its dramatic geological formations, the park draws more than 2 million visitors annually. The hotel is expected to be completed by mid-2025. This is the third hotel development for which Peachtree has received I-956F approval, having previously secured it for its Home2 Suites by Hilton development in Boone, N.C., and TownePlace Suites by Marriott in Palmdale, Calif. 'With strong travel demand, limited new supply and favorable market tailwinds, well-located, newly developed assets are positioned to outperform their competitive set,' said Greene. 'Construction is already underway, reducing project risk, and the firm has retained an equity stake aligned with our EB-5 investors—reinforcing our commitment and directly tying our success to theirs.' Peachtree launched its EB-5 program in 2023 as a key financing tool to support job-creating projects nationwide. The firm remains committed to delivering high-quality investment and development opportunities through its expanding portfolio of EB-5 projects. The EB-5 visa program allows foreign investors to obtain a green card in exchange for making a significant investment in a new commercial enterprise that creates jobs in the U.S. Under the program, foreign nationals who invest a minimum of $800,000 in a U.S.-based project that creates or preserves at least 10 full-time jobs for U.S. workers are eligible to apply for permanent residency. About Peachtree Group Peachtree Group is a vertically integrated investment management firm specializing in identifying and capitalizing on opportunities in dislocated markets, anchored by commercial real estate. Today, the company manages billions in capital across acquisitions, development and lending, augmented by services designed to protect, support and grow its investments. For more information, visit
