Hampton Inn Media Now Open-ALC’s Latest EB-5 Funded Hotel in Pennsylvania
MEDIA, PA (August 15, 2018) – The unveiling of a brand new Hampton Inn in Media, PA, took place this Wednesday, August 15, thanks in part to the generous support of American Lending Center (ALC) and EB-5 financing.
Situated only 12 miles from Philadelphia and 15 minutes from Philadelphia International Airport, the 106-room hotel is expected to be a positive addition to the region’s growing economy. Visitors can enjoy a multitude of amenities, including complimentary hot breakfasts, free Wi-Fi, fitness center, meeting spaces, and more.
ALC is a regional center headquartered in Long Beach, CA, and is one of 12 regional centers held by Regional Centers Holding Group, Inc. It is currently the largest non-bank SBA 504 lending institution and leading innovator of EB-5 services and lending. ALC’s award-winning executive team is consistently invited to speak as featured panelists at industry conferences, most recently at the 2018 EB-5 Convention in Los Angeles.
The Hampton Inn Media is the second ALC project to open in the region this summer. ALC regional center provided $3.5 million in EB-5 capital from 7 immigrant investors, securing the hotel’s successful development and opening. It joins the nearby Fairfield Inn in Philadelphia, which received $4 million in EB-5 capital through ALC and has since received I-526 approvals for all its investors. Grand openings for both hotels are scheduled for Fall 2018.