WELCOME TO THE VILLAGES OF MACARTHUR An EB-5 Investment from the USFC Skilled Nursing Fund
BECOME AMERI CAN I NVESTOR inf o@become am ericaninvestor.com www.become americaninvestor.com 11.3230.6797 - 11.9.4656.4011- 11.9.9441.4011
The Villages on MacArthur Executive Summary For this project, JAVELIN GROUP and STONEGATE SENIOR CARE have partnered to establish a new senior care company company that will provide employees and investment into a skilled nursing facility in one of the most prosperous areas of the United States of America. This new venture, named The Villages of MacArthur, has a project already under construction. This is an exceptional time to invest in senior care medical development in Texas. The project qualify in Targeted Employment Areas for the reduced EB-5 investment of $500,000 USD. This project is the 37th senior project sponsored by The Javelin Group, LLC (“Javelin”) since 2004 through a series of strategic partnerships with the leading developers and operators of healthcare oriented senior housing projects in Texas, Oklahoma, Missouri, Virginia, North Carolina, and Florida. It will replicate a market-proven design which features a warm residential feel, an extensive amenity package, and high quality fixtures and finishes to facilitate the penetration of a large Medicare discharge market in Irving, Texas, a demographically favorable area in the center of the Dallas/Fort Worth metroplex. This opportunity is the development of a 4.8 acre site (1.95 hectacres) into a 64,838 square foot seniors housing and healthcare facility containing a total of 124 beds. Seniors will be housed and cared for in two distinct service areas, a 100 bed Skilled Nursing Facility (“SNF”) and a 24 bed Memory Care / Alzheimer’s Unit (“ALZ”). The project will feature a large and well equipped rehabilitation gym, a large number of private rooms, three well landscaped courtyards easily accessible from resident rooms, three dining areas, and various othercommon amenities (multiple living rooms, a café, craft area, beauty salon, coffee bar, etc.).
WHY INVEST IN SKILLED NURSING FUND? Over $4 Billion USD of Real Estate Investment Experience The Management Teams OF US FREEDOM CAPITAL, JAVELIN GROUP and STONEGATE SENIOR CARE have over $4 Billion USD investment experience in commercial real estate, construction, and property management, including over $111 Million (35+ successful projects) specifically in senior care development such as is planned for The Villages of MacArthur. In addition, we have successfully completed projects for the United States government, Fortune 500 companies and investment funds.
EB-5 Immigration Experience The immigration reporting of the EB-5 investment will be carefully monitored by Become Americian Investor. In addition,the team includes the Director, Deputy Director and the highest-ranking career officer at US Immigration – the three senior executives over all immigration during the Presidency of George W. Bush. These executives possess decades of experience managing immigration programs for the US Government. In addition, our attorneys have advised over 1,000 EB-5 investors on their visa applications.
Texas - The Right Place to Invest The project is located in Dallas, Texas - the strongest economy in the United States. Texas is the home of many successful immigrants, with low taxes, low cost of living, and the most investment-friendly business environment in the United States. The State of Texas is an economically vigorous and dynamic area and includes the 9th largest (Dallas) and 17th largest (Fort Worth) cities in the United States. If it were its own country, Texas would have the 10th largest economy in the world, ahead of India, Canada, Korea, and Russia.
Excellent Quality of Life More than 3.5 Million Texas residents were born outside the US, including 1.1 Million from Latin and South America and over 800,000 from Asia. With the largest urban arts district in the US, Dallas boasts a new state-of-the-art www.USFreedomCap.com performing arts center, natural history museum and opera house. Residents also enjoy one of the largest urban park systems in the US, with over 8,800 m2 of parks and nearly 160 km of trails.
www.BecomeAmericanInvestor.com
DEVELOPMENT TEAM EXPERIENCE JAVELIN GROUP and STONEGATE SENIOR CARE are equal partners and co-developers of The Villages of North Irving. JAVELIN is the source of the equity capital and is responsible for the real estate development. STONEGATE is one of the top senior care operators in the Dallas/Fort Worth metroplex. They are well seasoned with over 30 properties in their current portfolio. Together, this will be the 20th project in a highly successful partnership to develop skilled nursing facilities.
Facilities Beds Total Project Cost ($ USD) Total Equity Invested ($ USD)
JAVELIN/STONEGATE SKILLED NURSING DEVELOPMENT HISTORY Sold/Leased Operating Under Under Construction Development 8 9 2 1 1,049 1,207 294 150 59,731,907 93,902,003 37,951,177 23,853,395 16,707,628
28,906,959
10,602,928
7,232,621
Total 20 2,700 215,438,482 63,450,136
Stonegate is one of the top operators of senior living properties in the Dallas Fort Worth metroplex. They are well seasoned with over 30 properties in their current portfolio. Within its skilled nursing industry, Stonegate focuses on a high acuity model, emphasizing a Medicare and Managed Care oriented census. Their approach is to focus more on the need based end of the senior’s housing spectrum and where there is less competition. As the senior’s health care delivery system evolves going forward, Stonegate is positioning itself to increase its capabilities for higher acuity residents and will operate in the space between long term care facilities (i.e. nursing homes) and long term acute care hospitals and rehabilitation hospitals. Regarding memory care capabilities, prior to forming Stonegate, the senior management team operated TORCH Health Care, Inc., an Assisted Living oriented company with a large component of memory care services. There they initially developed their dementia care programming trade marked “Memory Lane” which has updated and revamped. However, even within memory care, Stonegate seeks out the high acuity spectrum of care. Stonegate’s current portfolio consists of over thirty operating facilities and four assets under construction or development located in Texas and Missouri. John Taylor, President and Chief Executive Officer, founded Stonegate in 2001 initially leasing six skilled nursing facilities from Omega Healthcare Investors. Over the ensuing seven years, Mr. Taylor has continued to grow the portfolio by leveraging existing relationships with lenders, investors, and other senior living operators. These relationships have been established by a senior management team well seasoned in the senior housing industry.
www.BecomeAmericanInvestor.com
FACILITY DESCRIPTION The entire facility will be designed and constructed in a manner to blend with and enhance the appearance of the existing structures (primarily small medically oriented offices) located proximate to the subject site. The Skilled Nursing Facility (“SNF”) is a courtyard style design providing 100 beds. Sixty percent of the SNF beds will be in upscale private rooms, with the balance in semi-private rooms. The ability to offer such a high percentage of private rooms is unrivaled in the market and will allow this facility to cater to a high acuity census. While the care will be focused on high acuity, the setting will be upscale and significantly more residential than traditional skilled nursing facilities. Private room amenities will include a faux hardwood floor, flat panel television, upgraded furniture, upgraded linens, and a private bathroom and shower. Most of the private rooms will possess views of the lushly landscaped courtyard and direct access to a common covered porch. The Alzheimer’s / Memory Care Facility (“ALZ”) will contain 24 beds. Sixty percent of the beds will be private rooms with the balance semi-private rooms. This facility will be designed to meet the unique needs of Alzheimer’s residents and will provide all necessary safety and security systems. However, this facility will also carry a warm, inviting, and relaxing feel not dissimilar to other areas of the development. The ALZ residents will have a separate dining area, significant indoor space in which to move, and a secure outdoor courtyard. The ALZ residents’ well being will also be enhanced through the operator’s unique memory care programs. Memory Care Room Another unique design element of the building prototype is the central common are or “Town Village”. In addition to the facility’s administrative, marketing, sales, and nursing offices, the town village will contain the main reception area, a television lounge, and snack bar, a chapel, and a beauty salon. The village will also contain an extensive rehabilitation gymnasium catering to the unique needs of the high acuity operating model. Finally, the facility will be designed and constructed to comply with all municipal and health code requirements and will feature technical infrastructure items such as a security system, a wireless resident monitoring system, a nurse call system, and the capability to integrate electronic medical records with the local hospital and physician groups. www.BecomeAmericanInvestor.com
PROJECT BUDGET AND SCHEDULE
DEVELOPMENT BUDGET
JOB CREATION METRICS The Villages on MacArthur uses a direct job creation methodology to ensure the EB-5 investors receive credit for created employment. At the end of two years, the general partner will compile relevant proof of employment, including W-2’s, tax returns, corporate financials and other documents to show that the Limited Partnership did create the necessary jobs. The seven EB-5 investors require 70 jobs to fully satisfy their visa petition requirements. The chart below demonstrates the hiring schedule for the Villages on MacArthur. The project is scheduled to hire 101 employees well before the EB-5 investors requirement.
Full Time Positions by Month Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Nursing Director Of Nursing Nurse Practitioner ADONs Medicare Coordinator Mds Coordinators Medical Records Central Supply Staffing Coordinator Rn / Relief Rns Lvns CNA s Med Aides (CMAs) Restorative Aids
1 1 1 1 1 1 1 0 0 4 4 1 0
1 1 1 1 1 1 1 0 3 4 8 1 0
1 1 1 1 1 1 1 1 4 7 14 3 1
1 1 1 1 1 1 1 1 4 10 18 3 1
1 1 1 1 1 1 1 1 4 10 21 4 1
1 1 1 1 1 1 1 1 4 10 21 4 1
1 1 1 1 1 1 1 1 4 11 25 6 1
1 1 1 1 1 1 1 1 4 11 29 6 1
1 1 1 1 1 1 1 1 4 11 33 6 1
1 1 1 1 1 1 1 1 4 11 33 6 1
1 1 1 1 1 1 1 1 4 11 35 6 1
1 1 1 1 1 1 1 1 4 11 35 6 1
1 1 1 1 1 1 1 0 1 1 1 2 0 3 0 1 32
1 1 1 1 1 1 1 0 1 1 3 3 1 3 0 1 43
1 1 1 1 1 1 1 1 3 1 6 3 1 6 3 1 69
1 1 1 1 1 1 1 1 3 1 6 3 1 6 3 1 76
1 1 1 1 1 1 1 1 3 1 6 3 3 6 3 1 82
1 1 1 1 1 1 1 1 3 1 6 3 3 6 3 1 82
1 1 1 1 1 1 1 1 3 1 6 3 3 8 3 1 91
1 1 1 1 1 1 1 1 3 1 6 3 3 8 3 1 95
1 1 1 1 1 1 1 1 3 1 6 3 3 8 3 1 99
1 1 1 1 1 1 1 1 3 1 6 3 3 8 3 1 99
1 1 1 1 1 1 1 1 3 1 6 3 3 8 3 1 101
1 1 1 1 1 1 1 1 3 1 6 3 3 8 3 1 101
Admin & Other Administrator BOM Receptionist Concierge Social Services Director Marketing Director Addmissions Coordinator Driver Laundry Staff Director of Housekeeping Housekeepers Cook Wait Staff Server / Kitchen Aide Hospitality Services - Reg Director of Maintenance / Env. Total Full Time Positions
www.BecomeAmericanInvestor.com
TDI TEXAS RESIDENTIAL INVESTMENT TERMS SPONSOR
Stonegate Senior Living LLC and Javelin Group LLC
INVESTMENT ENTITY
USFC Las Colinas Skilled Nursing, LP
INVESTMENT AMOUNT
Total Raise of $3,500,000 USD at $500,000 USD per Investor
ADMIN FEE
$50,000 USD
TERM
Five Years
RATE
0.5% per year
EB-5 IS A BETTER VISA FOR STUDENTS The United States continues to be one of the top locations for students seeking to pursue an excellent education, either as a college graduate or postgraduate. Our curriculums and degrees are recognized around the world for their stringent academics and subsequent opportunities offered to students after receiving bachelors, masters, doctorate and other fine degrees. While foreign students typically take advantage of the F-1 student visa, along with F-2 visas for their spouses and/or children, for those who qualify, the EB-5 investor visa program offers many increased advantages over the traditional F-1 student visa. Some of those benefits include: - Resident tuition under the EB-5 visa is often one-third of the cost at many participating public universities in lieu of the F-1 visa. - No annual renewals, fees or expenses are required under the EB-5 visa because it’s permanent, rather than extended annually. - During enrollment, there are no work limitations under the EB-5 visa program for students. - The student may continue to reside and work permanently within the US after graduation, without restrictions. Alternatively, the H1B work visa has a number of challenges and restrictions even after a degree is obtained. - After five years of permanent residency in the US, the EB-5 visa enrollees are eligible for US citizenship automatically, whereas H1B work visas may need to undertake additional requirements to earn their permanent residency. With all of these and many more reasons, the United States offers a very welcoming and conducive environment for students from overseas. Our welcoming atmosphere enables foreigners of like-minds to integrate socially and to adapt easily. www.BecomeAmericanInvestor.com
KEY TEAM MEMBERS John F. Taylor – President and Chief Executive Officer Mr. Taylor co-founded Stonegate Senior Care and Generations Senior Living in 2001. Under his leadership the company has grown from managing 6 skilled nursing facilities and 1 assisted living facility in 2001 to currently managing over 30 seniors housing properties that include over 3,500 skilled nursing beds and over 175 assisted living units. The Company has a new facility development program with four locations in its development pipeline that will add an additional 1,565 licensed skilled nursing beds and assisted living units to its portfolio. The Company has opened 25 new senior’s healthcare housing facilities from 2001 through 2010. Since the inception of the company, Mr. Taylor has obtained commitments for capital in excess of $250 million. Mr. Taylor also serves as the managing partner for three of the company’s affiliates which are Rehab Pro, Lifetime Wellness and SG Development. Prior to Stonegate, Mr. Taylor founded TORCH Health Care, Inc., serving as TORCH’s President, Chairman and Chief Executive Officer from 1992 through August of 1999. Under Mr. Taylor’s leadership, TORCH raised over $130MM in private equity and debt financing. Inc. Magazine recognized TORCH in 1998 as one of the fastest growing, privately held, companies in United States. Mr. Taylor was instrumental in the acquisition or development, construction and management of the 18 assisted living facilities containing over 1,300 units owned and operated by TORCH. He has over 25 years of experience in real estate development, construction and management, of which the majority has been in the health care industry. John Paul Taylor – Chief Operations Officer Mr. Taylor joined the Stonegate team in October 2002 with nine years experience in retirement and assisted living operations. He served as an Executive Director for eight years with TORCH Health Care in three assisted living and memory communities in Lawton, Oklahoma, San Marcos, Texas, and Round Rock, Texas. Mr. Taylor was responsible for the start-up and opening of the San Marcos and Round Rock communities. During his tenure with TORCH, Mr. Taylor was called upon multiple times to consult with other start up communities. He also served as Executive Director for an Assisted Living and Alzheimer’s community in Dallas, Texas with Atria Senior Living, and most recently with Hearthstone Assisted Living in an assisted living and memory care community in Conroe, Texas. Previous to that, Mr. Taylor began his career in Wichita Falls, Texas as a Director of Activities at Rolling Meadows Retirement Community, a Continuing Care Retirement Community. Mr. Taylor attended Oklahoma University and Cameron University where he obtained a Bachelor of Science in Biology. Mr. Taylor has been certified as an Assisted Living Manager in Oklahoma and is currently a Certified Assisted Living Manager in Texas. Paula Pierce, R.N. – Vice President / Chief Clinical Officer Ms. Pierce was a part of the management team that co-founded Stonegate. Prior to Stonegate, Ms. Pierce joined TORCH Health Care in January 1994 and was responsible for the company’s Quality Assurance / Risk Management Program, the supervision of licensure and compliance with regulatory requirements and standards of practice, the development and initiation of operational policies and procedures, the supervision of program development, the Worker’s Compensation Program, and the development of Safety Programs in all communities. Ms. Pierce has over 20 years experience as a registered nurse, primarily focused in geriatric care and quality assurance. She has also worked as a long-term care consultant, Director of Clinical Services in the home health industry and as a representative for several pharmaceutical companies specializing in geriatric nutritional and medical needs. Ms. Pierce has degrees in both nursing and psychology Midwestern University and has been specialty certified in psychiatric nursing, alcohol and drug abuse counseling, medical care analysis and intravenous therapy. www.BecomeAmericanInvestor.com
BECOME AMERICAN INVESTOR info@becomeamericaninvestor.com www.becomeamericaninvestor.com 11.3230.6797 - 11.9.4656.4011- 11.9.9441.4011