Appellation Sun Valley
(Rural EB-5 Offering)

Long known as a top summer and winter resort destination in the United States, Sun Valley’s popularity has grown even more over the last several years, with real estate volume and pricing per square foot doubling since the beginning of 2020.

The development project is located at the entrance to the City of Ketchum, ID, and consists of a fully entitled 73-room resort hotel and 12 penthouse condominium residences. The vertical construction is scheduled to begin in the fourth quarter of 2023.

An exceptional project by an experienced team: The project will be managed by Appellation, which is led by renowned restaurateur Charlie Palmer and Chris Hunsberger (former head of The Americas operating division of Four Seasons Hotels and Resorts) along with reputable local development partners.

$130.5M development of Appellation Sun Valley includes:

  • Land – 40,631 square feet entitled site
  • Gross building size – 147,820 square feet
  • 73 guest rooms (average size of approximately 420 square feet)
  • 12 condominium residences (28,238 square feet)
  • Four stories above grade building with three sub-grade levels (including parking)
  • Signature Restaurant and Bar operated by Charlie Palmer
  • Architect: Hornberger + Worstell, Inc.
  • Construction period from Q4 2023 to Q4 2025 (around 30 Months)

    The EB-5 Program Highlights

    • Minimum Investment Amount: $800,000
    • Target EB-5 Investment Amount: $42.4M (53 investors)
    • Total Investment Amount: $130.5M
    • Projected Total Job Creation: 1,038 (Required: 530 / 95%+ cushion)
    • Mezzanine Debt Term:
      3-Year Loan Term with Two 1-Year Extensions (3+1+1)
    • Project Status:
      Vertical construction is anticipated to start in Q3 2023

    Job Cushion: The EB-5 fund will ultimately have a job cushion of approximately 96%.

    Rural Project: The Appellation Sun Valley is in a rural area and qualifies for the annual 20% set-aside for rural projects per the EB–5 Reform and Integrity Act of 2022 (RIA).

    I-526E Denial Repayment: Loan repayment guaranty by the development team in the event of an I-526E petition denial.

    Secured Loan Structure: Construction completion guarantee and low-risk EB-5 mezzanine loan financing.

    Completion Guarantee: Developer has unconditionally guaranteed the completion of the EB-5 project.

    Regional Center Success: This is the 15th EB-5 fund offered by Golden Gate Global and follows a perfect track record of project approvals.

    *Investment amount may change based on USCIS guidelines or the passage of an EB-5 Bill in Congress.

     

     

     

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