HOUSTON, Texas–CubeSmart Self-Storage Facility and American Lending Center (ALC) welcome the opening of a new self-storage facility this week in Houston, Texas. Supported through EB-5 financing, the facility will be a key asset in increasing local economic advancement.
ALC – a subsidiary of Regional Centers Holding Group – invested $1.5 million in EB-5 funds to CubeSmart (NYSE: CUBE), the regional center’s first EB-5 invested storage facility in the state. CubeSmart – formerly known as U-Store-It Trust – was founded in 2004 in Maryland and is a nationally-recognized self-storage company. They offer a variety of storage solutions for businesses and moving.
ALC is currently the largest non-bank SBA 504 lending institution, having successfully funded 70 projects with EB-5 funds to date. For more information about the uniquely successful EB-5 regional center, learn more at www.usa-rc.com.