BEHRING’S EB5 RISE FUND
PROJECT HIGHLIGHTS
14 Multifamily Properties in the East San Francisco Bay Area, California
- I-956F Approved: Fully compliant with EB-5 program regulations.
- Experienced Developer: Over 20 years of expertise in Bay Area projects.
- Diversified Portfolio: Includes 14 multifamily developments; the first was completed in July 2023, with all expected to finish by 2027.
- Proven Track Record: Developer has achieved a 30% internal rate of return (IRR) across 12 successful projects since 2010.
- Significant Assets: Total real estate portfolio valued at $762 million.
- Risk Management: Projects underwritten with downside protection and a low-leverage strategy.
- Job Creation Guarantee: Ensures compliance with EB-5 job requirements.
- Investor Assurance: Money-back guarantee for I-526 petition approval.
COMPLETED PROJECTS
1. 2242 Magnolia, Oakland, CA 94607
A townhouse rental project featuring classic architecture with modern and comfortable interiors.
2. 233 Broadway, Oakland, CA 94607
Previously the renowned Z-Hotel at Jack London Square, this property has been repurposed into workforce housing, located in a vibrant hub of restaurants, breweries, and easy access to BART and ferry terminals.
3. 1035 Yerba Buena Ave, Emeryville, CA 94608
A workforce housing project featuring 10 townhomes, each with five convenient studios, just a short walk from Pixar Animation Studios. This project combines modern amenities with a prime location.
4. 1925 Brush St, Oakland, CA 94612
This townhouse rental project is strategically located, just minutes away from Downtown Oakland and the 12th Street/Oakland City Center BART Station, offering maximum convenience for residents.
5. 2432 Chestnut St, Oakland, CA 94607
A townhouse rental project ideally situated near McClymond High School and a reputable charter school, with quick access to the bustling Mandela Parkway area featuring diverse restaurants, trendy bars, and a state-of-the-art climbing gym.
6. 685 9th St, Oakland, CA 94607
A mid-range residential project located in the heart of Oakland, California, offering outstanding convenience with easy access to the lively City Center and Jack London Square.
PROJECTS COMMENCING IN 2024
1. 820 W MacArthur Blvd, Oakland, CA 94608
A mid-range residential project offering ideal workforce housing, located near MacArthur BART Station and positioned between Oakland and Emeryville.
UC BERKELEY STUDENT HOUSING PROJECTS
a) Dwight Complex
Located at 2127–2143 Dwight, this six-story building designed for students combines concrete and modern wood-frame construction. Situated near UC Berkeley and bustling Shattuck Avenue, it offers maximum convenience. With an average rental rate exceeding $2,000 per bed, the project represents an attractive investment opportunity.
b) 3030 Telegraph
A mixed-use project combining housing for students and workforce residents. This five-story wood-frame building offers convenient living close to UC Berkeley, Shattuck Avenue, Whole Foods, and public transit options.
PROJECTS COMMENCING IN 2025
1. Oracle Project
A student housing development located directly opposite UC Berkeley’s new gate, offering a strategic position and cost-effective design.
2. Telegram Project
• Expedited Entitlement Process: The project leverages California’s State Density Bonus for a streamlined and predictable approval process.
• Prime Location: Surrounded by a vibrant neighborhood featuring abundant retail options and upscale residential developments.
• Workforce Housing: Positioned as a welfare tax exemption project, located adjacent to the MacArthur BART Station for optimal accessibility.
• Cost-Effective Construction: Designed as a 5-story wood-frame structure to reduce building costs.
• Strategic Investment Opportunity: Benefits from a relatively low land basis and close proximity to public transit, making it a compelling option for investors.
3. Wonderland Project
This five-story wood-frame residential building offers affordable workforce housing with tax-exempt welfare incentives and increased density bonuses.
4. Ultron Project
• Project Overview: A workforce housing development featuring a 5-story wood-frame structure, secured through an off-market transaction at a favorable land cost per bed.
• Optimized Cost Structure: The 2-bedroom design functions as two studios, maximizing efficiency and minimizing the stabilized cost per bed.
• Strategic Location: Positioned near Old Oakland, Jack London, Downtown, and Lake Merritt, with easy walking access to the 12th Street BART station, offering strong tenant appeal.
• Efficient Entitlement: Benefits from California’s State Density Bonus for a smooth and expedited approval process.
5. Padre Project
A mid-rise housing development in San Diego featuring eight stories with three concrete and five wood-frame levels. Situated near Petco Park and lively amenities, it represents an attractive investment with high economic potential.
