News

Atlanta, Georgia, October 7, 2024 – The LCP Group, a leader in real estate investment management, is pleased to announce an exciting new EB-5 investment opportunity in the hospitality sector. The project involves the development of a 10-story Moxy Hotel at Centennial Olympic Park in Atlanta, Georgia, strategically located near prominent entertainment venues, cultural attractions, and the forthcoming 2026 FIFA World Cup.

Moxy Hotel – A Modern Approach to Lifestyle Travel

The Moxy Hotel brand, part of Marriott International’s expanding portfolio, is known for its vibrant and contemporary approach to hospitality. With more than 120 locations worldwide, the brand has garnered a reputation for catering to modern travelers by offering innovative and unique hotel experiences. The Atlanta Moxy Hotel will feature 183 guest rooms, a rooftop restaurant and lounge, ground-level retail spaces, and cutting-edge amenities, creating a hub for both business and leisure travelers.

Key Investment Opportunity through EB-5 Program

As an Urban Targeted Employment Area (TEA) project, this EB-5 offering presents priority processing and the chance for foreign investors to obtain U.S. residency through the EB-5 Immigrant Investor Program. The project seeks to raise up to $32.8 million in EB-5 senior loans, providing an annual return of 1% to investors. In exchange for a minimum $800,000 investment, qualified investors can secure a pathway to U.S. citizenship, while supporting the creation of at least 410 jobs required for the EB-5 program.

Prime Location and High-Profile Events

The hotel’s location in the heart of the Centennial Park District positions it within walking distance of key Atlanta landmarks such as the Georgia Aquarium, the World of Coca-Cola, the Georgia World Congress Center, and the Mercedes-Benz Stadium. The area is set to attract millions of visitors in the years leading up to and following the 2026 FIFA World Cup, further amplifying the demand for quality hospitality accommodations.

Strong Developer and Experienced Partners

The Moxy Hotel project is sponsored by The LCP Group, a firm with over 50 years of experience in real estate investment, including managing EB-5 projects. LCP’s success in real estate is complemented by its partnerships with trusted names like Marriott International, ensuring high-quality delivery and management. Nexera Capital, Emerge Hospitality Group, and Winter Construction are also involved in this ambitious project, bringing with them a wealth of experience in hotel development and management.

Timeline and Expected Returns

Demolition of the existing structure at the project site has been completed, with site preparation and construction underway. The hotel is expected to open by Q2 2026, with anticipated EB-5 loan repayment slated for Q3 2028. The LCP Group aims to offer a strong return on investment, with a projected loan-to-value ratio of 63.5%, ensuring investor confidence in the profitability and long-term success of the project.

Commitment to Job Creation and Economic Impact

A comprehensive economic analysis conducted by Baker Tilly projects that the Moxy Hotel will generate over 690 jobs, far exceeding the EB-5 program requirements. This includes 284 direct jobs created through construction and hotel operations, contributing significantly to the local economy. Additionally, the ground-level retail and rooftop bar are expected to generate substantial annual revenues, further bolstering the financial outlook of the project.

About The LCP Group

Founded in 1974, The LCP Group, L.P. has built a reputation for managing high-profile real estate investments across the United States. With a portfolio valued at approximately $1 billion, the firm specializes in ground-up developments and existing properties, sourcing opportunities that meet the unique goals of its investors. LCP has completed 17 EB-5 projects, creating over 34,000 jobs and raising more than $550 million in EB-5 capital. The firm continues to deliver exceptional value and returns to its investors, backed by a team of real estate professionals with decades of expertise.

This investment opportunity, as well as LCP Group itself, is presented in partnership with DK Investments. For more information, please contact DK Investments at info@dkinvest.org.