Brooklyn Basin of Oakland Phase 2
TEA EB-5 Project approved by USCIS

Only 15 minutes from downtown San Francisco, Brooklyn Basin is a new waterfront neighborhood in Oakland, CA surrounded by open space and stunning views of San Francisco Bay and the East Bay hills. In addition to a vast network of parks, an inspired blend of cultural, commercial, and recreational activities enhance Brooklyn Basin’s appeal as a Bay Area destination. Brooklyn Basin is a phased, master-planned development comprised of 12 development parcels and additional right-of-way and open space parcels totaling approximately 64 acres of waterfront property bounded by Embarcadero Road and the Oakland Estuary. Upon completion, Brooklyn Basin will encompass 3,100 residential units, 200,000 square feet of ground floor retail and commercial space, 32 acres of waterfront parks, 1.4 miles of trail, and a new marina.

The EB-5 Project consists of multifamily developments on parcel G (“Project G”) and parcel H (“Project H”) within the Brooklyn Basin community. The Project represents Signature Development Group’s second and third multifamily developments in Brooklyn Basin following the Orion which included 241 apartment units and was completed in August 2019.

Cushion: Over 300 jobs have already been created for Project G. Total EB-5 project job creation will have a 270%+ cushion.

TEA: Brooklyn Basin is located within a TEA and Qualified Opportunity Zone.

I-526 Denial Repayment: Loan repayment guarantee by Signature Development Group in the event of an I-526 petition denial

Secured Loan Structure: Construction completion guaranty and low risk EB-5 mezzanine loan financing.

Redeployment: USCIS compliant redeployment plan includes the option to redeploy EB-5 funds to finance the Project H phase.

Regional Center Success: This is the 13th EB-5 fund and second Brooklyn Basin project offered by Golden Gate Global and follows our successful initial fundraise.

Government Support: Brooklyn Basin is the largest approved mixed-use development in Oakland with strong public support by the local government.

*Investment amount may change based on USCIS guidelines or passage of an EB-5 Bill in the Congress.

DISCLAIMER

The information provided in these materials for Golden Gate Global (“GGG”) or in any communication or other materials containing a website link to www.3gfund.com is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to applicable law or regulation. Neither the information nor any opinions or views expressed herein constitutes an offer to sell securities or the solicitation of an offer to buy securities, nor shall there be any offer or sale of securities in any jurisdiction where such offer, solicitation or sale is not permitted. Any offer of securities in any project may only be made pursuant to a written private placement memorandum and other documents, as evidenced by a properly executed subscription agreement, and only then as permitted by applicable securities laws.

*All numbers shown above are as of the date of fund closing.