CARTERSVILLE, Ga.--(BUSINESS WIRE)--American Lending Center (ALC), a leading EB-5 regional center, recently celebrated the grand opening of The Fountains in Cartersville assisted living community in Georgia. This project marks ALC’s first investment in the state and its consistent success with supporting growing American communities.
The Fountains in Cartersville offers assisted living, memory care and respite community services through caregivers offering 24-hour assistance. From the experienced providers to the comfortable surroundings, the home was intentionally designed to promote spiritual, social and physical well-being. The two-story stack stone fireplace and outdoor patios and gardens provide plenty of space for residents to spend time with friends and family. The Fountains offers transportation to shopping and restaurants, 3.5 miles of paved trails, an executive chef and a full calendar with activities and entertainment. The community services residents staying for a temporary transition period as well as those who intend to stay long term.
“ALC is thrilled to have invested in this local business in a state that is new to us and partnering with a development that will greatly benefit families in the area,” said John Shen, ALC’s Chief Executive Officer. “We are excited to expand the breadth of our business by stimulating foreign investment and local economic growth throughout the U.S.”
ALC’s predominant focus on placing EB-5 investments exclusively in the senior loan structure has created optimal capital protection for investors throughout the EB-5 process. Its rigorous construction management system led by highly successful third parties, in coordination with the senior loan operation, has driven the consistent success of its investments. ALC has successfully provided over 350 million dollars to American ventures while achieving a 100 percent construction success rate, and has created over 10,000 full-time jobs throughout the US.
About American Lending Center
American Lending Center (ALC) is a licensed finance lender and US Citizenship & Immigration Service designated regional center held by Regional Centers Holding Group. ALC offers senior loan investment opportunities to immigrant investors interested in obtaining permanent resident status in the United States through the employment-based fifth preference visa (EB-5) program. ALC has completed funding 75 EB-5 projects in 19 states to date and is committed to senior loan participation in support of growing credit worthy small-to-medium sized businesses in rural and underserved areas.