CONFIDENTIAL JCAG Multifamily Investments LLC E-2 Treaty Investors Visa Application Business plan Prepared May 2024 Contact Information Mr. Juan Carlos Gonzalez – CEO
[email protected] +1 (123) 456-7890
JCAG Multifamily Investments LLC – E-2 Visa Application 1 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author. Executive Summary Overview JCAG Multifamily Investments LLC (hereinafter the "Company" or "JCAGMI") is a real estate investment group operating in New York and South Florida. JCAG Multifamily Investments LLC is a registered Florida Limited Liability Company, founded on 05/17/2024, with Document Number L24000230980. The Company is owned by Juan Carlos Gonzalez (51%) and Alejandro Gonzalez (49%). The Company focuses on acquiring and managing residential properties. The company began operations in 20XX with the purchase of two luxury properties in NYC and Miami. In 2024, the company decided to refocus its investment strategy towards the multifamily units segment and plans to acquire three properties this year. Mr. Juan Carlos Gonzalez, a Colombian and Spanish citizen, leads the Company as CEO. Mr. Gonzalez, a seasoned real estate entrepreneur, holds a degree in Civil Engineering and a Master in Finance. With over 30 years of expertise, he excels in commercial management, partnership, and executive leadership, focusing on real estate development, financial management, and strategic growth, driving significant advancements in the Colombian market through innovative financing and large-scale projects. JCAGMI will employ 3.5 FTEs in Year 1 and will grow to 6 FTEs by Year 5, with projected payroll expenses of $243,600 in Year 1 up to $446,011 in Year 5. Considering the nature of the business, further employment will be created through contractors and outsourced leasing agents. Revenues are expected to reach $1.13 million in Year 1 and grow to $1.3 million in Year 5. In terms of margins, operating margins are expected to remain around 60% on average. While profit margins will be negative due to depreciation of assets and interest expense, the company is expected to remain cash positive throughout the forecast period. Investment Summary A total of $000,000 have been committed since 20XX to launch and expand JCAGMI. Funds have been used as follows: 2018 – 2023 2024 Totals Real Estate Investments XX $540,000 XX Working Capital & Reserves XX $80,000 $80,000 Accumulated Investments XX $640,000 XX JCAGMI operations have been funded from profits and dividends of Mr. Juan Carlos Gonzalez's and Mr. Alejandro Gonzalez's businesses in Colombia. Contributions have accumulated as follows: 2018 – 2023 2024 Totals Mr. Juan Carlos Gonzalez XX $640,000 $640,000 Mr. Alejandro Gonzalez XX XX XX Property Loans $12,950,000 $1,466,000 $14,416,000 Total Investments XX XX XX
JCAG Multifamily Investments LLC – E-2 Visa Application 2 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author. Applicant’s Profile Mr. Juan Carlos Gonzalez is a seasoned entrepreneur in the real estate industry with a strong academic foundation and extensive professional experience. Holding a degree in Civil Engineering and a Master in Finance, he brings over 30 years of expertise to the table. Throughout his career, Mr. Gonzalez has excelled in commercial management, partnership, and executive leadership, focusing on project development, financial management, and strategic growth. His innovative approach has driven significant advancements in the Colombian real estate market, including pioneering new financing structures and overseeing large-scale housing developments. Educational Background • 1987 – 1988: Master's in finance – Escuela de Administración y Finanzas - Instituto Tecnológico (EAFIT) University (Medellín, Colombia). • 1982 – 1986: Civil Engineering degree – EIA University (Envigado, Colombia). Professional Summary • 2024 - Present: CEO and Shareholder at JCAG Multifamily Investments LLC (United States) – JCAG Multifamily Investments LLC is a thriving real estate investment firm focused on the acquisition and management of residential properties in South Florida. As CEO, Mr. Gonzalez leads the strategic vision and operations, leveraging his extensive experience to drive the company's growth and profitability in the competitive U.S. real estate market. • 1996 - Present: CEO and Owner at Acierto (Colombia) – Acierto is a leading real estate company in Colombia, dedicated to structuring, managing, selling, and constructing large-scale housing developments. Under Mr. Gonzalez’s leadership, Acierto has become a top contender in Colombia’s construction industry, pioneering new financing structures and issuing investment-grade bonds. He successfully navigated the company through economic challenges, securing its future with over $800 million in developments planned over the next 20 years. • 1990 - 2004: Shareholder and Managing Partner at Umbral (Colombia) – Umbral is a real estate company co-founded by Mr. Gonzalez and two associates, focusing on co-developing various real estate projects. He managed all aspects of the projects he oversaw, including construction, finance, and sales, driving the company’s growth and success. • 1986 - 1990: Commercial Manager at Urbanizadora Nacional (Colombia) – Urbanizadora Nacional is a prominent real estate company owned by one of Colombia’s largest insurance firms. Mr. Gonzalez started as an intern and quickly rose to Commercial Manager, overseeing multiple real estate projects, including financial and construction aspects. The US Company Business Overview JCAG Multifamily Investments (JCAGMI) is a real estate investment firm focused on acquiring and managing residential properties in South Florida. Founded by Mr. Juan Carlos Gonzalez, who has over 30 years of experience in real estate, JCAGMI aims to provide high-quality living spaces and excellent property management. At JCAGMI, we focus on strategically located properties within the Miami-Fort Lauderdale-West Palm Beach metropolitan area, targeting neighborhoods with strong community appeal and growth potential. Our comprehensive approach includes meticulous property acquisition, efficient management, and innovative development strategies tailored to meet the unique needs of the South Florida market.
JCAG Multifamily Investments LLC – E-2 Visa Application 3 CONFIDENTIAL - DO NOT DISSEMINATE. This business plan contains confidential, trade-secret information and is shared only with the understanding that you will not share its contents or ideas with third parties without the express written consent of the plan author. Corporate Structure JCAG Multifamily Investments LLC (JCAGMI) has a clear and strategic legal structure to support its operations. The business is owned by Mr. Juan Carlos Gonzalez, holding 51%, and Mr. Alejandro Gonzalez, holding 49%. JCAGMI, a Florida LLC, will receive capital from the E-2 applicant, Mr. Juan Carlos Gonzalez. Each property will be owned by a separate Florida corporation, held by JCAG Multifamily Investments Ltd, a British Virgin Islands (BVI) holding company. This BVI entity is also owned by Mr. Juan Carlos Gonzalez (51%) and Mr. Alejandro Gonzalez (49%). Each Florida corporation will have a shareholder agreement designating Mr. Juan Carlos Gonzalez as the decision-maker for operations and management. JCAGMI will also establish loan agreements and management agreements with each corporation for the two existing rented properties. Investment Structure JCAGMI will be capitalized with $300,000 to start operations and fund the purchase of three properties. Approximately $220,000 will be lent pro-rata to the three Florida entities as part of the down payment for the real estate properties, while the remaining $80,000 will be used as working capital for salaries, office lease, furniture for the units, and other requirements. Additionally, the funds needed to reach the full initial investment of $640,000 will be directly invested from the BVI holding to the Florida corporations.
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