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American Lending Center Celebrates Construction Completion at Eritage Resort

June 7, 2019

WALLA WALLA, Wash.--(BUSINESS WIRE)--Jun 7, 2019--

American Lending Center (ALC), a leading EB-5 regional center, welcomes the completion of construction at Eritage Resort. The milestone was marked by a ribbon cutting ceremony at the resort on June 2 attended by ALC President Bruce Thompson, esteemed members of the local community and hospitality industry, and resort leadership.

The resort, located on 300 acres in Washington vine country, now boasts ten lakeside bungalows in addition to the ten suites that opened to the public in July 2018. A LIVE-certified vineyard and a restaurant featuring a menu created by James Beard Award-winning Chef Jason Wilson celebrating locally grown ingredients complement the luxury accommodations. Eritage has been featured extensively in travel and lifestyle publications, including Vogue, Travel + Leisure and Seattle Magazine. The resort was founded by Justin Wylie, owner and winemaker of Va Piano Vineyards, while Fire & Vine Hospitality is responsible for resort services, dining and operations.

“American Lending Center is thrilled to celebrate the completion of construction and commends the entire Eritage team on the creation of an exceptional property,” said Thompson. “We are privileged to be among the investors who helped make Eritage a reality.”

Eritage is ALC’s first major viticulture project, though the regional center has also successfully funded a wine-themed boutique hotel, The Lodge at Columbia Point, in Richland, Wash., as well as several other hospitality properties in the state.

About American Lending Center

American Lending Center (ALC) is a U.S. Citizenship & Immigration Service designated regional center held by Regional Centers Holding Group. ALC offers investment opportunities to immigrant investors interested in obtaining permanent resident status in the U.S. through the employment-based fifth preference visa (EB-5) program. Committed to fulfilling the program’s promise of investment in deserving businesses in rural and underserved communities, ALC has successfully provided over 350 million dollars to projects in rural and underserved areas in 19 states and has completed over 70 projects exclusively in the senior loan structure.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190607005418/en/

CONTACT: Dana Doran

ddoran@rasky.com

202-207-3650

KEYWORD: UNITED STATES NORTH AMERICA WASHINGTON

INDUSTRY KEYWORD: BUILDING SYSTEMS LUXURY TRAVEL DESTINATIONS VACATION LODGING OTHER TRAVEL RESTAURANT/BAR RETAIL CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE WINE & SPIRITS OTHER CONSTRUCTION & PROPERTY

SOURCE: American Lending Center (ALC)

Copyright Business Wire 2019.

PUB: 06/07/2019 01:38 PM/DISC: 06/07/2019 01:38 PM

http://www.businesswire.com/news/home/20190607005418/en

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