HC2 Capital has closed a $12.8 million EB-5 senior loan, funded by 16 EB-5 investors, to support the continued construction of luxury homes within the Loraloma master-planned community in Burnet County, approximately 30 miles west of Austin.
This financing follows the successful approval and groundbreaking of HC2 Loraloma Villas Phase I. With Phase I progressing as planned, HC2 has agreed to provide additional senior capital to advance the next phase of development within the same community.
The project is developed by Areté Collective, a vertically integrated development firm comprised of seasoned property executives, distinguished land planners, world-renowned architects and designers, and leaders in hospitality and community development. Their integrated platform allows for synchronized execution across planning, design, and construction.
Loraloma is one of the closest rural-designated EB-5 projects to a major metropolitan area. Located roughly 30 miles from downtown Austin, the community benefits from the region’s continued population and employment growth.
Austin remains one of the fastest-growing cities in the United States and a major technology hub, home to companies such as Tesla, Dell, AMD, Oracle, Samsung, Apple, Amazon, IBM, and Google, among others. Continued job creation and in-migration have supported strong long-term housing demand throughout the region.
The overall business plan and rural designation for Loraloma have been approved by U.S. Citizenship and Immigration Services. Importantly, Phase II has received I-956F approval, and Phase I achieved successful I-526E approvals, providing additional visibility and confidence for current and future EB-5 investors.
The broader Loraloma development has already shown meaningful traction:
- 26 lots and homes pre-sold, including 8 Phase I cottage villas
- The community’s golf course is officially open
- 23 memberships sold at $150,000 per membership
In addition, the local government has committed $105 million in staged municipal subsidies to support the overall development plan. These subsidies do not require repayment, strengthening the project’s capital foundation.
The overall business plan and rural designation have been approved by U.S. Citizenship and Immigration Services, and the successful I-526E approval in Phase I provides additional visibility and benefits for Phase II investors.
The project is fully capitalized, and construction has commenced.
“Our focus is always on structure and discipline,” said Douglas Conner, Co-Founder of HC2 Capital. “In a growth market like greater Austin, we believe housing fundamentals are compelling. But just as important is how the investment is positioned. A senior loan secured by hard assets, combined with demonstrated sales momentum and municipal support, provides a level of visibility that we believe is critical for EB-5 investors.”
At HC2 Capital, we approach every investment with the same framework: strong market fundamentals, conservative capital structures, and thoughtful alignment between investor objectives and project execution.
About HC2 Capital
HC2 Capital is a real estate private equity firm providing access to institutional-quality real estate investments for domestic and international investors. The firm provides traditional real estate investment opportunities for investors seeking to grow and diversify their portfolios, as well as exclusive EB-5 investment opportunities for international investors pursuing permanent U.S. residency through the EB-5 Immigrant Investor Program.
Headquartered in Dallas, Texas, HC2 Capital partners with experienced sponsors to deliver institutional-quality investments through disciplined underwriting, transparent structures, and a focus on capital preservation and long-term value creation.
