ARCFE Group 20
In ProgressPrince-Hilton Tower
Flushing, Queens, New York
I-956F
Approved (under the New York EB-5 Regional Center; ARCFE & its affiliate act as fund manager)
I-526E
I-526Es Approved
EAD & AP
Approved
The Project
About Prince-Hilton Tower.
Prince-Hilton Tower is a mixed-use complex with 208 hotel rooms, 120 condo units, 189 indoor parking spaces, ground-floor retail, and community activity space. ARCFE Group 20 seeks to raise funds from 50 EB-5 investors. The project’s I-956F has been approved by the USCIS.
The hotel will be managed by the Hilton Hotel & Resorts Group — the world’s largest hotel management company, set to become a significant landmark in the area.
ARCFE Group 20 is expected to create 881 jobs for 50 investors — offering a surplus of 76% (17.62 jobs per investor). As of July 2024, more than 700 jobs have already been created, meeting the minimum requirement from USCIS.
*I-956F approved under the New York EB-5 Regional Center; ARCFE & its affiliate to act as the fund manager.
Key Facts
- Location
- Flushing, Queens, New York
- Targeted Employment Area
- Qualified for TEA
- EB-5 Investors
- 50
- Jobs Expected
- 881
- Jobs Created (as of July 2024)
- 700+
- EB-5 Structure
- Secured loan collateralized with equity & physical assets
- Era
- RIA
Project Progress
Latest updates from the site.
Mar 2026
The project has officially received its Certificate of Occupancy (CO) from the City of New York and has entered the closing and title transfer phase.
This milestone confirms that the underlying real estate asset for ARCFE Group 20’s EB-5 project has been fully constructed and delivered, marking the start of the capital return process for investors.
Nov 2025
The project is currently awaiting official approval of the Environmental Letter. Meanwhile, apartment sales have been progressing positively, with a cumulative sales rate reaching 40%.
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