News
About $140M In EB-5 Funding Raised For San Francisco's Shipyard
April 5, 2018
Courtesy of FivePoint
Rendering of San Francisco Shipyard and Candlestick Point
Golden Gate Global recently secured its largest ever EB-5 fund of $139.5M for FivePoint's San Francisco Shipyard development. To date, Golden Gate Global has raised over $400M in EB-5 financing for the San Francisco Shipyard, a 775-acre master-planned community with 12,000 housing units, 3.5M SF of commercial, 336 acres of open space and nearly 1M SF of retail.
Over the last six years, Golden Gate Global has raised over $600M from over 1,200 investors across its 10 funds, which have also gone toward Oakland’s Brooklyn Basin and the Golden 1 Center and Downtown Commons in Sacramento. Developments supported by these funds are expected to generate over 20,000 jobs.
