EB-5 PROJECTS
Our EB-5 projects are a win-win for the EB-5 investors and the local community. We are very proud to maintain a 99.5% success rate on all of our immigrant investor applications, allowing those investors and their families to improve their well-being and mobility, while also providing great social benefits and jobs for Americans.
PARAPRIN CONSTRUCTION
Established as a subsidiary of Paraprin Capital in partnership with 2 Direct EB-5 investors, Paraprin Construction has quickly grown from a home office managing two renovation projects to an operation with 100-plus properties under management and/or development, two commercial office spaces, dozens of employees, and a vision for continuous sustained growth to make a positive impact on the people, communities, & economy of greater Cleveland and northeast Ohio. Primarily focused on new home construction, high-grade renovations, concrete services, and landscaping services, Paraprin Construction is enthusiastically devoted to utilizing and building new property technologies into our business model.
STAZIONE25
Stazione25 completed its successful fundraise last year with a total of 36 investors. The construction is complete, and the project is fully operational. Stazione25 consists of two buildings, the south building and the north building. Currently the north building is 86% leased out and the south building is 90% leased out. The project has averaged close to 90% occupancy rate which is well above its breakeven and profitability requirements.
DREAM HOLLYWOOD
The Dream Hollywood is a five-star hotel with 178 guest rooms that has now become an Icon in the Hollywood neighborhood. Designed by award-winning firm the Rockwell Group, Dream Hollywood features accommodations with luxurious guest amenities such as TAO Group’s opulent restaurants, including TAO, Beauty & Essex, and The Highlight Room, and rooftop Pool, Lounge, and Grill.
Tommie Hyatt Hotel
Located in the heart of Hollywood. The Tommie Hyatt Hotel is a boutique, eight-story edifice featuring 212 guest rooms, ground-floor retail space, a gym, an underground parking garage and amenity decks on the building’s podium and roof levels.
Country Home Products
Country Home Products is a Vermont based manufacturer of outdoor power equipment. The company qualified as a “troubled business” under USCIS regulations, and thus was able to utilize EB-5 capital as a loan facility to preserve existing jobs. The company has paid back all 24 of its EB-5 investors, all of whom have received I-829 approvals. Country Home Products was sold to Generac Power System in 2015 and now primarily does business under the DR Power brand.
Hyatt Citizen-News
Hyatt Citizen-News building is a beautiful Art-Deco style historic building built in 1930. The property is just one block from the famous Hollywood Walk of Fame in one of the hottest neighborhoods in Los Angeles. The project offers a nightclub/lounge, two restaurants, and two floors of commercial office and event space.
CHICAGO-ROCKFORD HILTON
The Chicago-Rockford Hilton Hotel & Conference Center EB-5 project transformed a vacant eyesore of a building in downtown Rockford, Illinois into a gorgeous historic rehabilitation that will serve the community for years to come and served as a catalyst for the re-emergence of the downtown Rockford area. At the same time, the project has delivered green cards to the EB-5 investors who put their faith in Paraprin, giving them the opportunity to stay in or start a new life in America without fear of deportation or reliance on an employer or other third party.
HOUSING REHAB PROJECTS
Paraprin has acquired and rehabilitated a sizable portfolio of single-family and small multi-family homes across different markets in Tennessee, Alabama, Ohio, and Illinois. Paraprin’s property rehabilitation portfolio investment offers investors the opportunity to own cash-flowing properties in some of the most stable real estate markets in the United States. The investment in Paraprin’s property rehabilitation portfolio can either deliver an E-2 investor visa, which allows a foreigner and immediate family to live permanently in the United States, or just a compelling return on investment for foreigners that are aiming to diversify their wealth into tangible US Dollar assets.
206 FAIRFAX ROAD, VERMILION OH 44089
ARV: $126,666.67
2150 W 30TH ST, CLEVELAND OH 44113
ARV: $235,215.67
5701 SANDY HOOK DR, PARMA, OH 44134
ARV: $240,000
1256 RICHMOND RD, LYNDHURST OH 44124
ARV: $183,500
500 TREBISKY RD, RICHMOND HEIGHTS OH 44143
ARV: $174,227
3120 GRIESMER HAMILTON OH 45015
ARV: $136,000
Monthly Rent: $1,155
711 CLEVELAND HAMILTON OH 45013
ARV: $93,000
Monthly Rent: $975
3643 W 39TH ST, CLEVELAND OH 44109
ARV: $108,333
Monthly Rent: $1,300.00
12518 ERWIN AVE, CLEVELAND OH 44135
ARV: $78,268
Monthly Rent: $247
3441 WADE AVE, CLEVELAND OH 44113
ARV: $125,000
Monthly Rent: $1,500
472 E 147TH ST, CLEVELAND OH 44110
ARV: $86,000
Monthly Rent: $1,000
15407 RIDPATH AVE, CLEVELAND OH 44110
ARV: $86,000
Monthly Rent: $1,000
3572 W 105TH ST, CLEVELAND OH 44111
ARV: $95,833
Monthly Rent: $1,150
3575 W 67TH ST, CLEVELAND OH 44102
ARV: $30,167
Monthly Rent: $362
3336 W 50TH, CLEVELAND OH 44102
ARV: $100,000
Monthly Rent: $1,200
3333 W 98TH ST, CLEVELAND OH 44111
ARV: $54,167
Monthly Rent: $650
2107-2109 W 83RD ST, CLEVELAND OH 44102
ARV: $156,511
Monthly Rent: $2,450
8410 DENISON AVE, CLEVELAND OH 44102
ARV: $115,945
Monthly Rent: $1,900