hilton canopy brochure

Presented by

An eb-5 qualifiedproject

DRIFTWOOD ACQUISITION AND DEVELOPMENTDriftwood Hospitality (www.driftwoodhospitality.com), based in

South Florida, is one of the largest hotel owner/operators nationwide

(development, acquisitions, and management). We own and manage

over 45 hotels across the United States, accounting for more than 9,000

rooms and 4,500 employees. Driftwood Acquisitions & Development,

LP (www.dadlp.com), an affiliate of Driftwood Hospitality Management,

is a privately held investment fund designed to acquire, develop and

manage hotel assets throughout the United States. We have a proven

track record of having successfully completed the acquisition and

development of over 100 hotels.

We have launched an EB-5 program that will help finance a long pipeline

of premiere investments through the development of hotels. As a hotel

developer, owner and operator with an extensive track record in the

hospitality industry, DAD will be instrumental in creating jobs in the

U.S. and provide investment security for all EB-5 investors.

our hotel brands

MARRIOTT RESIDENCE INN

123 Room Select Service Hotel

Construction Cost: $22 million

COURTYARD BY MARRIOTT MIAMI



SHERATON JACKSONVILLE

159 Room Full Service Hotel

Construction Cost: $21.298 million

CROWNE PLAZA SAWGRASS MILLS


Construction Cost: $28.1 million

HILTON GARDEN INN TAMPA



HOLIDAY INN MIAMI AIRPORT


Construction Cost: $8.02million

2015

Hilton Worldwide, Developer of the Year

2014

Hotel Business, “Top 100 Owner & Developer”

2013


Hilton Hotels & Resorts, Developer of the Year for

Hilton Tampa Downtown

Starwood Hotels and Resorts, Best Conversion Full

Service

2012

Hotel Business, “Top 100 Management

Companies”

IHG, Best Renovation Award

2011


Latin Hotel Owners Association, Estrella Hotelier of

the Year, Carlos Rodriguez

AWARDSLATEST DEVELOPMENTS$1 Billionin assets

9.000rooms

4.500employees

50 hotelsin usa

25 yearsin business

Congress created the EB-5 Program in 1990 to stimulate the

U.S. economy through job creation and capital investment by

foreign investors. It works by linking U.S. businesses looking to

raise capital with foreign investors seeking a U.S. visa, creating a

“win-win-win” scenario.

Funds Requirement The minimum investment required to qualify for EB-5 status is

$500,000. USCIS is very strict about reviewing the legitimacy of

funds. Investments made through the U.S. EB-5 program must

be “at risk”, there is no guaranteed financial return.

Employment creation requirementThe business in which you invest must ultimately employ at least

ten full-time workers. One advantage of investing in a regional

center like ours is that it can count “indirect” jobs created by

businesses that service the main business, as shown by economic

models.

investor

10 jobs per investor hotel

Permanentresidence card

EB-5 program

EB-5 PROCESS

START Investor retains inmigration attorney who vets investor funds and paperwork for eligibility.

MONTH 1

Eligible Investor subscribes to EB-5 qualified project and deposits minimum required at risk investment of $500,000 into escrow account and pays administrative fee.Investor’s inmigration attorney prepares and files I-526 petition to USCIS.

MONTH 1-15

USCIS reviews I-526 Petition.If Petition is accepted, Investor receives “conditional” Green Card for 2 years while job creation is verified, $500,000 stays at risk.If Petition is denied, $500,000 is returned to Investor,

YEAR 2-3Approved Investor and immediate family members are able to live, work and travel anywhere in the U.S. without restrictions with conditional Green Card.

YEAR 3-490 days prior to expiration of conditional Green Card, attor-ney files I-829 petition to remove conditions based on job creation confirmation through project and regional center.

YEAR 4-5 Investor receives permanent Green Card after approval of I-829 petition.

YEAR 5Investor is returned the $500,000 at risk investment or can choose to convert equity in the same project or in a new project with the company.

IN 1990 U.S. CONGRESsCREATES EB-5 PROGRAM

10,000 APLICATIONSAVAILABLE PER YEAR

OVER 94% OF APPLICATIONSGET APPROVED

APPLICATION INCLUDESSPOUSE & CHILDREN UNDER 21

YOU CAN LIVE AND WORKANYWHERE IN THE USA

location

HILTON worldwideOne of the largest and fastest growing hospitality companies in the

world, with more than 4,600 hotels in 100 countries. For 95 years,

Hilton Worldwide has been dedicated to continuing its tradition of

providing exceptional guest experiences. Today, there are over

50MM Hilton Honors Members worldwide.

The Hotel will be conveniently located in the central business

district in West Palm Beach, FL., a premier location surrounded

by major office, retail, and residential centers, minutes away

from the convention center, universities, and beautiful beaches.

Palm Beach County is the second-largest county in Florida by

land area. As of the 2013 census, the population was over 1.372

million, making it the third-most populous county in Florida.

Tourism accounts for more than 53,000 jobs in tourism-related

businesses such as hotels, restaurants, stores and transportation

services and others. More than 2 million people visit Palm Beach

County annually, and they spend approximately $3 billion while

they are here. Lodging accounts for around $80 million in revenue,

food and beverage $353 million.

AN UPPER UPSCALE – LUXURY BOUTIQUE CONCEPT

MODERN BUSINESS AND LEISURE TRAVELER ORIENTED

THOUGHTFULLY LOCAL, REFRESHINGLY SIMPLE

THE ENERGIZING NEW HOTEL IN THE NEIGHBOR

Food & Beverage:

A Full Service Restaurant & Bar, Rooftop Lounge & Bar, 24-hour Café, Smoothie Bar.

Additional Amenities & Features:

Fitness & Yoga Center - Rooftop Pool & Jacuzzi - High-speed Internet Service Compli-

mentary - Grab and Go Breakfast - Welcome Gift - 5,000 S.F. Meeting Space - Rooftop

Recreational Deck

Major Demand Generators:

All Aboard train station Palm Beach County Convention Center - Kravis Center - City

Place - Atlantic University

Capital Stack Job creation

$43 MM $19 MM(42%)

$12 MM(28%)

$12 MM(28%)

Project Cost Bank Loan Equity EB5 Financing

445Jobs Created

240Jobs Needed

205Jobs Cushion

EB-5 TeamOur team is comprised of the best professionals in the EB-5 Industry:

- Regional Center has successfully received over $111 million of EB-5 Investor approvals.

- Escrow agent (NES) has signed over 400 EB-5 projects for their services.

- Attorneys (Arnstein & Lehr) are a prestigious national law firm with over 120 years of experience

- Economist Wright & Johnson is the leading economic consultant in EB-5.

Hotel Name: Canopy by Hilton West Palm Beach

Address: 704 S. Dixie Hwy., West Palm Beach, FL 33401

Site: 0.5 acres

Completion Date: December, 2017

Brand: Canopy by Hilton

Number of Rooms: 150

Floors: 14

Management: Driftwood Hospitality

WHY INVEST WITH US

Developer Track Record 20 years of success and industry leadership; over 45 hotels currently under management, $1BB total assets value

Best Brand Canopy Hilton is the lifestyle brand of Hilton Worldwide, a leading global hospitality company

Conservative EB-5 Loan Model Loan accounts for only 30% of total project cost

Pledge of Equity Interest to EB-5 Investors 100% hotel equity pledged to EB-5 investors

Secure Investment Exit Strategy 3 different strong exit strategies in place for investor’s peace of mind

EB-5 Track Records Hundreds of projects successfully completed through our regional center, financial service provider and immigration law specialists team

Amazing Location Strategically located within the world renown West Palm Beach central business district

Full Completion Guaranty Project completion is guaranteed by Driftwood assets

Driftwood Hospitality Management Ranked #21 in the U.S. hospitality management industry in 2014

Future Investment Opportunities with Driftwood EB-5 investors are invited in the future hotel deals in the U.S withabove-market returns.

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