ATLANTIC AMERICAN OPPORTUNITIES FUND II
Atlantic American Opportunities Fund II raised $20,500,000 from 41 EB-5 investors and invested in a diversified portfolio of three assets, including an assisted living (elderly care) facility, the redevelopment of Tampa’s century-old federal courthouse into the award-winning Le Méridien Hotel, and a grocery-anchored neighborhood shopping center in a thriving Orlando, Florida suburb.
Osprey Lodge at Lakeview Crest
Opportunities Fund II made a $4,000,000 investment in the development of Osprey Lodge at Lakeview Crest, an assisted living/memory care facility located in Tavares, Florida.
The 124-bed facility offers 76 assisted living and 48 memory/dementia care units. The project was specifically designed to accommodate the needs of its residents and fosters the continued independence of its residents who require varying amounts of assistance with their activities of daily living.
Le Méridien Tampa
Opportunities Fund II made a $12,000,000 investment in the Le Méridien Tampa. Operating under Marriott International’s (formerly Starwood Hotels & Resorts) Le Méridien brand, the Le Méridien Tampa is an upscale, boutique hotel located in downtown Tampa, Florida.
The 105,030 square foot hotel offers 132 guest rooms and features a full-service “signature” restaurant, a lounge, a lap pool, a fitness room, a business center and approximately 4,000 square feet of flexible meeting/ballroom space.
The Market at Mills Park
Opportunities Fund II made a $4,500,000 investment in the development of The Market at Mills Park, a grocery-anchored neighborhood shopping center located in Orlando, Florida.
The 60,825 square foot shopping center includes tenants such as Fresh Market, First Watch, Brass Tap and Chase Bank. The shopping center is part of a larger 14.5-acre mixed-use development that, in addition to the shopping center, includes multifamily housing, office space, and a small recreational park.