Civitas’ No. 1 priority is the health and safety of our employees. Acting on advice from health experts, Civitas begins its “social distancing program” on Monday, March 16 — the date Civitas employees will work from home until further notice. Business operations will continue as normal, with employees available via business email addresses and phone numbers. We apologize if this new protocol affects our response time. As well, Civitas is not accepting visitors to its offices until further notice. If you currently have a scheduled office appointment, please reach out to your Civitas contact. Thank you for your patience and understanding. We will continue to provide updates as warranted.

Closed EB-5 Capital Investments - Texas

AC and Residence Inn by Marriott Dallas North

Civitas Galleria Hotel Mezzanine Fund, LP

Location

Dallas, Texas


Overview

Civitas Galleria Hotel Mezzanine Fund, LP made a $13 million mezzanine loan to partially finance the development of a new 256-room dual-branded AC by Marriott Dallas North and Residence Inn by Dallas North adjacent to The Galleria Dallas, a 1.8-million square feet regional mall, and within a 1-mile radius of over 11.5-million square feet of office space in Dallas, Texas. AC and Residence Inn by Marriott Dallas North will anchor Dallas Midtown Redevelopment Plan, a new $3.5 billion mixed-use development containing 6.5-million square feet of office tower space, 9,000 residential units, 1-million square feet of retail, restaurants, and entertainment and an 18-acre park.