Mammoth Obsidian Phase 4

Mammoth Lakes, California in a Rural Area (EB-5 processing preferred)

Outstanding Features

Located in Mammoth Lakes, a year-round resort destination with high demand for rental and ownership, supporting the sustainability of the project
Located in a rural area, EB-5 applications are given priority processing, and the investment amount is $800,000.
The EB-5 loan is in a senior position and secured by project assets.
There is a money-back guarantee in case the I-526 petition is denied
Strong job surplus with about 15.2 jobs per investor, ensuring safety when considering I-829

Project introduction

Obsidian Phase 4 – Woodsite is a high-end residential resort project in Mammoth Lakes, California, a four-season outdoor tourist destination known for its stable year-round lodging demand. The project is located in a Rural area, allowing priority processing of EB-5 applications with an investment amount of $800,000.

Phase 4 will develop 69 vacation homes, with a total investment of approximately $118 million and an EB-5 loan of around $50.4 million, generating about 15.2 jobs per investor, ensuring security during the I-829 review. The EB-5 funds are managed by Paragon Principal Capital, with a high approval rate and a money-back guarantee mechanism if the I-526 petition is denied.

Obsidian Phase 4 is simultaneously an opportunity to obtain a U.S. green card through EB-5 and invest in sustainable-value resort real estate in a high-potential market.

Location

PRIME LOCATION

Located in Mammoth Lakes, California—a four-season resort destination attracting over 3 million visitors per year
Just minutes away from Mammoth Mountain ski area and gondola
Adjacent to Sierra Star Golf Course, offering a luxurious lifestyle close to nature
Easily connected to major cities like Los Angeles and San Francisco

Amenities

A private residents' club with premium living spaces
A sauna suitable for the snowy mountain climate year-round
Gym & spa/sauna area for residents
Shuttle service to the ski area and town center
Resident and guest support & concierge center
High-end interior design, mountain resort style
Natural landscape space surrounded by pine forests
The walkway directly connects to the golf course and outdoor recreation area.

Project progress

Expected to commence construction
3rd Quarter/2025
Construction and completion
2025 - 2028
Expected to be completed
4th Quarter/2028

WHY CHOOSE THE PROJECT

Located in a Rural area, prioritized for EB-5 application processing with an investment amount of $800,000.
Preferential loan structure secured by project assets, increasing capital preservation potential.
Money-back guarantee if the I-526 petition is denied, reducing legal risks for investors.
Strong job creation of approximately 15.2 jobs per investor, supporting I-829 approval (permanent green card).
Located in Mammoth Lakes, a four-season resort market with stable demand for ownership and rentals.
Suitable for investors who want to obtain a green card while owning valuable property with growth potential.

INVESTMENT PROCESS

Investors participating in the U.S. EB-5 immigration investment program with an $800,000 investment through a Regional Center will carry out the following main steps:

Step 1
Consulting and evaluating investor dossiers. Selecting investment options. Signing service contracts.
Step 2
Prepare and submit the I-526 petition
Step 3
Waiting to receive the approval result
Step 4
NVC – Interview – Receive Immigration Visa (Waiting time depends on the visa quota situation for Vietnam)
Step 5
Going to the U.S. to obtain a conditional green card
Step 6
Fulfill the commitments within the two-year period of the conditional green card
Step 7
Submit the I-829 petition to remove conditions on the green card
Step 8
Become a permanent resident, receive a 10-year residency card, and get your investment refunded

PROJECT INVESTOR

Paragon Principal Capital is the leading entity in project development and EB-5 structuring management, having assisted over 250 EB-5 and E-2 investors in obtaining U.S. residency and having financed over 1 billion USD for commercial real estate projects across the United States. The company maintains high approval rates for I-526 and I-829 petitions, along with clear experience in project execution and exit strategies.

The project developer, Mark Rafeh, has over 25 years of real estate experience, owning and developing large-scale project portfolios in California. He is one of the most influential developers in Mammoth Lakes, with a total project value of over 300 million USD, ensuring construction capability and practical implementation.