Know about TPA

Trade Point Atlantic (TPA) is easily one of the most prestigious, sought after and safest EB5 development projects taking shape in USA right now. The 3100 acre project offers to transform what was once the world’s largest steel manufacturing facility into one of the largest and most strategically significant intermodal global logistics hubs.
The project comes under the EB 5 Priority project which means the entire investment is completely refundable even if the project fails to meet the final outcome. This is a huge advantage compared to any other EB 5 project where the investment is considered “at risk” meaning the investment is lost in case the project fails. Being a pre approved EB5 project there, is almost no way that a EB5 visa application could get rejected in TPA other than questionable source of funds.

Features

TPA being a pre-approved priority EB5 Visa project offers a host of features and benefits to its investors including

USCIS exemplar approved July 2017

$125M EB-5 raise (no minimum)

Favorable T.E.A Destination

16.5 jobs per investor

3,100 acres (5 sq mi/13 sq ki)

15 million SF developable

15 year credit tenant leases signed

Operating business w/positive cash flow

S100 mi of rail w/CSX & Norfolk Southern access

Deepwater port with marine services & development

Over-collateralized loan agreement

5 year loan with 1 year Investor Fund option

Estimated NOI of $28 million in 2018

Local private equity ownership/operator

Benefits of investing in TPA

High priority project

200 pre approved EB5 Visas

100% safe project

In the last stages of completion

Project development in full swing

Reduced investment by 50% compare to other projects

Companies involved

Amazon - Fulfillment Center

Amazon.com, Inc. (AMZN.O – Nasdaq), incorporated on May 28, 1996, offers a range of products and services through its websites. The Company operates through three segments: North America, International and Amazon Web Services (AWS). The Company's products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It also manufactures and sells electronic devices. The Company, through its subsidiary, Whole Foods Market, Inc., offers healthy and organic food and staples across its stores. The company has annual sales in excess of $135 billion and a market cap of nearly $700 billion. Amazon employs more than 560,000 and is based in Seattle, Washington. Amazon has executed a 15-year lease agreement with five, 5-year option periods. The Company contributed a substantial amount towards base building costs.

Under Armour - Distribution Center

Under Armour, Inc. (UAA – NYSE) is engaged in the development,marketing and distribution of branded performance apparel, footwear and accessories for men, women and youth. Its products are sold across the world and worn by athletes at all levels, from youth to professional, on playing fields around the globe, as well as by consumers with active lifestyles. The Company sells its branded apparel, footwear and accessories in North America through its wholesale and direct to consumer channels. As of December 31, 2016, the Company had approximately 151 stores in North America primarily located in outlet centers throughout the United States The company had 2017 annual sales of $5.0 billion and a market value of $7.32 billion. Under Armour employs an estimated 6,500 and is based in Baltimore, Maryland. The Company executed a 15-year lease agreement with four, 5-year option periods.

FedEx - Distribution Center

FedEx Corporation (FDX - NYSE) provides a portfolio of transportation, e-commerce and business services through companies operating independently and managed collaboratively, under the FedEx brand. The Company's segments include FedEx Express, TNT Express, FedEx Ground, FedEx Freight and FedEx Services. The FedEx operation offers a range of the United States domestic and international shipping services for delivery of packages, freight and documents. The FedEx Services segment provides its other companies with sales, marketing, information technology, communications, customer service and other back-office support. The company had 2017 annual sales of $60 billion and a market value of $64 billion. Federal Express employs an estimated 117,000 and is based in Memphis, Tennessee. Scannell Properties, a FedEx preferred developer, entered into a ground lease agreement with Tradepoint Atlantic. The base lease term is 40 years, with ten, five-year option periods. Scannell developed the building on behalf of FedEx and subsequently entered into a long-term building lease with FedEx.

Advantage of TPA over typical EB5 development projects

Typical EB-5 Developments

Generally no revenue until project completion

Leasing risk and non-credit tenant defaults can reduce income stream

Collateral is generally a lien or mortgage on a special purpose entity that only owns one building

No income until completion and occupancy of the project building

Customary extension of loan for 1-2 years at developer’s option

TPA EB5 Development

Existing operating business with positive cash flow

Signed 15-year leases from credit-worthy anchor tenants – FEDEX, AMAZON, UNDER ARMOUR

Collateral is 100% of the equity interests of the property owner and developer

Revenue stream since 2017 from rail, port & building leases with expected $28M of net income in 2018

Extension of loan term at EB-5 Fund’s option

Why Invest in TPA

Third-party bank escrow of investor funds, with repayment in the event of I-526 denial

4,133 jobs approved by USCIS exemplar (16.5 jobs per investor)

Loan Agreement provides over-collateralized EB-5 loan

Experienced and well-financed development ownership

Institutional construction loans in place

Birch 100% I-526 & I-829 approval record to date

Birch record of full repayment of investor funds and interest

Full investor transparency to project information

Project TPA