EB-5 U.S. Investment Immigration · Ohio
Home2 Suites by Hilton

Home2 Suites
Ashland, Ohio

Home2 Suites by Hilton — Ashland, Ohio
Dual TEA Designation Rural + High Unemployment — both qualifications met · 20% visa set-aside with priority processing
Dual TEA · Priority Processing Preferred Equity Structure $800,000 Minimum Investment Government Land Grant

The City of Ashland, Ohio directly conveyed the project site, providing $4.86 million in property tax abatement. Strategically located on the Columbus–Cleveland corridor, the project carries the full weight of Hilton's 9,000+ global hotel portfolio. Operated by GreenCardFund Regional Center, with a 100% on-time repayment track record across all prior projects.

Project Snapshot
EB-5 Minimum Investment$800,000
Investment TypePreferred Equity
Investment Term4 Years + 1-Year Extension
TEA DesignationDual TEA · Priority Processing
Job Creation201 Jobs (236% Surplus)
HVS Completion Valuation$18,800,000
Government Tax Abatement$4,860,000
Projected OpeningMarch 2027
$800K
Minimum Investment
Dual TEA Threshold
201
Projected Jobs Created
+236% Above Requirement
$4.86M
Government Tax Abatement
Full Project Lifecycle
20%
Visa Set-Aside Category
Dual TEA Priority Queue
100%
Regional Center
USCIS Approval Rate
Dual TEA Advantage

Dual TEA Designation — Core Immigration Advantage

Ashland simultaneously qualifies under both the Rural TEA and High Unemployment TEA categories, securing USCIS's exclusive 20% visa set-aside with priority processing — substantially reducing wait times compared to standard EB-5 applications.

TEA Category 01
Rural TEA
Ashland meets the EB-5 regulatory definition of a rural area: located outside a high-employment metropolitan statistical area (MSA) with a population below 20,000 — making it one of the highest-priority investment categories under the EB-5 visa set-aside program.
TEA Category 02
High Unemployment TEA
The project area's unemployment rate exceeds 150% of the national average, satisfying USCIS requirements for a High Unemployment Targeted Employment Area — further reinforcing the project's TEA status and ensuring access to the highest-priority visa processing channel.
20% Visa Set-Aside · Priority Visa Queue Under the EB-5 Reform and Integrity Act of 2022 (EB-5 RIA), Rural TEA projects receive an exclusive 20% visa set-aside that is not subject to per-country backlog restrictions. This significantly accelerates green card processing timelines compared to standard EB-5 investments — and represents the project's most compelling immigration advantage.
Why This Project

Project Highlights

Government Land Grant + Dual TEA + $4.86M Tax Abatement + Hilton brand — a rare government-backed EB-5 project of exceptional caliber.

Government Land Grant
The City of Ashland directly conveyed 2.51 acres to the developer for this project. Mayor Matt Miller personally attended the Groundbreaking Ceremony on November 19, 2025 — a level of municipal support that is exceptionally rare and materially reduces land cost risk.
$4.86M Tax Abatement
The project qualifies for over $4.86 million in property tax abatements across the full investment lifecycle, directly improving net yield, strengthening the developer's repayment capacity, and enhancing the investor's margin of safety.
Construction Independent of EB-5 Capital
100% Bridge Financing has already been secured. Construction does not depend on EB-5 capital being received before breaking ground. The Groundbreaking Ceremony was held on November 19, 2025, materially reducing the risk of project delay.
Job Creation Surplus of 236%
The project is projected to create 201.4 jobs3.36 times the 60-job USCIS minimum requirement. Construction-phase direct and indirect employment also exceeds the requirement by 212%, providing substantial green card approval assurance.
Hilton's 9,000+ Global Hotel Network
The property joins Hilton Honors' 235 million member loyalty program. The Home2 Suites brand currently operates 753 locations across the United States. This mature operating platform ensures consistent demand, with projected EBITDA margins of 44.8%.
Full Refund if I-526E Denied
If USCIS denies an investor's I-526E petition, a full refund is provided through the EB-5 Reserve Fund. Similarly, an I-829 denial triggers a full refund. The project maintains a dedicated EB-5 reserve account (retaining 10% of distributable cash) as a final layer of financial protection.
Investment Structure

Investment Structure Overview

Total project budget of $17.15 million, with $4.8 million targeted from EB-5 Preferred Equity. Senior bank debt accounts for 52% and developer equity 20%, forming a robust three-tier capital stack.

Capital Stack
Senior Bank Debt
52%
EB-5 Preferred Equity
$4.8M
Developer Equity
20%

EB-5 capital is structured as Preferred Equity. The developer provides both a personal completion guarantee and a repayment guarantee. Combined guarantor net worth exceeds $200 million, remaining in effect throughout the full investment term including any extension. Escrow bank Customer Bank provides a 100% funds-release guarantee, with capital released only upon satisfaction of three defined conditions.

Total Project Budget$17,149,578
EB-5 Target Raise$4,800,000
Target Investors6 (Maximum 10)
Investment Per Investor$800,000
Senior Bank Loan$8,919,662
Developer Equity$3,429,916
Investment Term4 Years + 1-Year Extension
TEA CategoryDual TEA (Rural + High Unemployment)
Guarantor Net WorthOver $200 Million
NCE Legal EntityHilton Ashland Partners
Escrow BankCustomer Bank
HVS Independent Appraisal

HVS Independent Valuation Timeline

HVS, the internationally recognized hotel valuation authority, issued its appraisal report on November 20, 2025. Upon completion, the project is valued at $18.8 million, with collateral coverage of approximately 160% relative to outstanding capital at the EB-5 maturity date.

Milestone
Status
HVS Valuation
October 2025
Land + Construction Phase
$1,100,000
March 2027
Completion & Opening
$18,800,000
March 2029
Stabilized Operations
$21,200,000
April 2030
EB-5 Maturity Date
$21,900,000
April 2031
Extension Expiry
$22,500,000

* At refinancing, collateral value represents approximately 160% of total outside capital, providing additional security. Completion valuation of $202,000 per room.

Government Support & Market

Government Support & Market Opportunity

A rare project with direct municipal government endorsement, combined with an untapped extended-stay hotel market in Ashland — creating a uniquely compelling supply-demand dynamic.

Government Backing
Direct Government Support
The City of Ashland directly conveyed 2.51 acres to the developer for hotel development, significantly reducing land acquisition costs
Over $4.86 million in property tax abatements across the full project lifecycle, directly enhancing net cash flow
Ashland Mayor Matt Miller personally attended the Groundbreaking Ceremony on November 19, 2025, demonstrating strong political commitment
Ashland University president attended the groundbreaking; 6,200 enrolled students provide a stable base of commercial travel demand
Located on Interstate 71 along the Columbus–Cleveland corridor, with daily traffic volumes of 30,000–50,000 vehicles
Market Opportunity
Market Gap & Growth
$22.8B
U.S. Extended-Stay Hotel Market Revenue (2024)
$37.3B
Projected Market Size by 2030 (8.7% CAGR)
27M
New Extended-Stay Room Nights Demanded (2015–2024)
Ashland currently has no extended-stay hotels. This project fills a genuine market gap, providing a natural competitive barrier to entry.
8-Layer Risk Protection

Eight-Layer Investor Protection Framework

From capital safeguards to immigration petition coverage, each layer of protection has been independently verified by third parties to ensure investor asset safety and green card approval success.

01
Construction Independent of EB-5 Capital
100% Bridge Financing already secured. No need to wait for EB-5 capital. Project broke ground in November 2025.
02
236% Job Creation Surplus Buffer
Projected 201.4 jobs created — 3.36 times the USCIS requirement — providing substantial green card approval assurance.
03
Personal Repayment Guarantee
Multiple guarantors with combined verified net worth exceeding $200 million, in full force throughout the entire investment term.
04
Personal Completion Guarantee
The developer provides a personal guarantee for completion of the 93-room hotel, ensuring on-schedule delivery and operational commencement.
05
Bridge Financing Commitment Letter
A binding bridge financing commitment has been executed and will be repaid upon receipt of EB-5 capital, ensuring uninterrupted construction funding.
06
EB-5 Dedicated Reserve Fund
10% of distributable cash is retained at the JCE as a dedicated reserve for repayment and investor capital redemption.
07
Full Refund if I-526E Denied
If USCIS denies the I-526E petition, the investor receives a full refund of their investment from the dedicated EB-5 reserve fund.
08
Full Refund if I-829 Denied
An I-829 denial likewise triggers a full refund from the EB-5 reserve fund — providing end-to-end immigration petition risk coverage.
Developer & Regional Center

Developer Profile & Regional Center

A 35-year hotel development track record combined with GreenCardFund's 15-year, 100% USCIS approval rate as a Regional Center — dual professional assurance at every level.

Witness Investment
Project Developer · Hotel Investment & Asset Management
35yrs
Hotel Real Estate Experience
$570M
Total Portfolio Value
40+
Midwest Hotels
4,000+
Rooms Under Management
Sagar Patel — Managing Partner
Former Hilton Worldwide, Ernst & Young; Georgetown University MBA
Aakash Patel — Development Partner
NYU Finance & Economics; leads project development
Gurtej Medi — Finance Managing Partner
Former Hilton Worldwide; Drexel University Finance MBA
GreenCardFund
Regional Center · A NewGen Worldwide Company
🏆 Global Business of the Year · Global Chamber of Commerce
🥇 Rural EB-5 Project Category Winner · EB5Investors.com
290+
Families Served
100%
USCIS Approval Rate
4,300+
Jobs Created
15yrs
EB-5 Track Record
Kyle Walker (Founder & CEO) · Arizona's first USCIS-designated Regional Center
Terra VI Yosemite — EB5Investors.com Annual Award Winner, Rural Project Category; Rural TEA designated
Lourdes Dual-Brand Hotel (Residence Inn + Courtyard) — I-526 and I-829 approved; on track for timely repayment
Odyssey Prep Academy Charter School — I-526 and I-829 approved; full repayment completed
Hacienda at the River Assisted Living — I-526 and I-829 approved; full repayment completed
Job Creation · EB-5 Compliance

Job Creation Verification

Per an independent economic analysis by Wright Gwathorne Consulting, this project generates 3.36 times the USCIS-required number of qualifying jobs — providing investors with the strongest possible foundation for green card approval.

6
Target EB-5 Investors
Total Participation
60
USCIS Minimum Job Requirement
(10 jobs per investor)
Regulatory Threshold
201
Projected Jobs Created
+236% Above Requirement
Job Creation Surplus
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The information contained on this page is provided for informational purposes only and does not constitute an offer to sell or a solicitation to buy securities. Any EB-5 investment offering is made exclusively through a formal Private Placement Memorandum (PPM). Investing involves risk; past performance does not guarantee future results. Dual TEA designation is based on 2025 data and is subject to final USCIS determination. Please consult your legal, tax, and immigration advisors before making any investment decision. © 2025 Green Card Fund, LLC. All rights reserved. MEGA GLOBAL CONSULTING serves as an authorized distribution partner for this project.