Developed by Grubb Properties, Link Apartments Kora has received I-956F approval from the United States Citizenship and Immigration Services (USCIS). This signifies the project's adherence to USCIS regulations and successful completion of their review process. Demolition of the existing infrastructure is complete, the foundation work is finished, and construction of the tower is set to begin.

Rendering of the Link Kora apartment project facade. Photo: *Maru Asset Management*

Located at the intersection of Olympic Boulevard and Vermont Avenue in the heart of Koreatown, the project sits within a vibrant community with strong long-term rental demand. Link Apartments Kora offers convenient access to universities, entertainment venues, and tech hubs.

Residents will be within a 10-minute commute to the University of Southern California (USC), 15 minutes from Netflix headquarters, and 20 minutes from offices of Amazon, Google, Apple, Sony, and Facebook. The area is also expected to benefit from the 2026 World Cup and 2028 Olympics, both of which will be hosted in Los Angeles, further boosting the local rental market.

Baker Tilly, a top 10 global accounting firm, projects the development will generate approximately 1,603 jobs, three times the minimum EB-5 requirement. This is a key factor in ensuring investors meet the criteria for obtaining green cards.

Grubb Properties and partner UBS have invested over USD 70 million, representing over 33% of the total capital. According to Maru Asset Management, this investment is collateralized to secure the EB-5 funds. This means the developers will not receive any returns until all EB-5 capital is fully repaid.

Maru Asset Management explains that Link Apartments Kora operates under an independent fund management model. Maru Asset Management, with nearly 20 years of EB-5 experience, acts as the sole representative for investors, managing the EB-5 funds separately from the developers. This structure ensures strict oversight of fund allocation and adherence to intended use, along with close monitoring of the application process. Maru Asset Management is committed to supporting investors through the entire process, from green card acquisition to capital repayment.

Leon Rodriguez, former director of USCIS (left), and Young Kim, CEO of Maru Asset Management (right), during a business trip to Ho Chi Minh City in 9/2018. Photo: *Maru Asset Management*

Additional security for the project includes over 7,100 m2 of land in Los Angeles and a repayment guarantee from a major corporation with a 62-year operating history. The EB-5 investment is structured as a three-year term loan, with flexible exit strategies. Investors will receive a refund if their I-526E application is denied by USCIS (conditions apply).

"With its clear legal framework, demonstrable progress, and transparent capital structure, Link Apartments Kora is expected to be a strong EB-5 option for investors," a Maru Asset Management representative said.

According to USCIS, the EB-5 (Employment-Based Fifth Preference) program is a US immigrant visa category established in 1990. It allows foreign investors and their families to obtain green cards (permanent residency) by investing a minimum of USD 800,000 in a USCIS-designated project that creates at least 10 full-time jobs for US workers.

Thai Anh

Learn more about Maru Asset Management Inc:

: Website here.

: Email: info@maruassets.com