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Unofficial independent website. Not affiliated with Lakefront Estates & Villas, Okeechobee Community Developers LLC, its developers, lenders, brokers, associations, or any related entity. Information is compiled from public records, company disclosures, official documents, news reports, and other cited sources. Errors and later changes are possible.
News & updates · MethodologyMoney
Offering size, amount sold, outstanding loan balance, maximum loan principal, authorized bonds, and issued bonds are different metrics. Each figure below keeps its date.
Amount not fully disclosed
Source record
The December 2025 CDD offering document describes Okeechobee Community Developers LLC as the sole landowner and developer at that time. Company membership percentages do not state dollar contributions.
Company membership percentages do not state dollar contributions.
EB5 United Okeechobee I / II
Source record
The collective EB-5 loan from EB-5 United Okeechobee LLC and EB-5 United Okeechobee II LLC was reported as approximately $92 million outstanding. Outstanding principal, not final subscriptions. Exact investor totals remain undisclosed.
Outstanding principal, not final subscriptions. Exact investor totals remain undisclosed.
Assigned into the consolidated facility
Source record
The December 31, 2025 consolidation identifies an outstanding construction-loan balance of $19,461,366.93. Existing balance identified in the later instrument. The earlier maximum is separate from the new facility.
Existing balance identified in the later instrument. The earlier maximum is separate from the new facility.
Deposits reported received
Source record
Home sale contracts were reported to require approximately a $25,000 nonrefundable deposit, with approximately $325,000 in deposits reported received. Historical reported amount. Not a current deposit total or a recorded closing count.
Historical reported amount. Not a current deposit total or a recorded closing count.
Lakefront Estates CDD
Source record
Series 2025 Special Assessment Bonds for Assessment Area One were issued in the aggregate principal amount of $8.99 million. Series 2025 special assessment bonds. Separate public infrastructure financing.
Series 2025 special assessment bonds. Separate public infrastructure financing.
Amounts reported sold in separate filings. These are not final subscriptions or developer loan balances.
$10.45M
Source record
The October 24, 2023 Form D for EB5 United Okeechobee LLC reports $10.45 million sold as of that filing. Amount sold in this filing is not a final raise and is not an outstanding loan balance.
$4.6501M
Source record
The August 26, 2025 Form D for EB5 United Okeechobee II LLC reports $4,650,100 sold as of that filing.
The November collective balance and December note figures need reconciliation. No continuous balance series is inferred.
≈$92M
Source record
The collective EB-5 loan from EB-5 United Okeechobee LLC and EB-5 United Okeechobee II LLC was reported as approximately $92 million outstanding. Outstanding principal on this date is not Form D amount sold and is not final investor subscriptions.
$58.175M
Source record
The December 31, 2025 mortgage consolidation identifies an existing EB-5 note principal of $58,175,000. This figure is kept separate from the approximately $92 million collective balance reported as of November 26, 2025.
$19.4614M
Source record
The December 31, 2025 consolidation identifies an outstanding construction-loan balance of $19,461,366.93.
Contractual ceiling. It is not an amount raised, outstanding, or disbursed.
$200M
Source record
The recorded EB-5 mortgage states a maximum principal of $200 million. Maximum principal is a contractual ceiling. It is not an amount disbursed.
EB-5 is a major documented source of private project debt. Its share of total project investment cannot be calculated, because developer equity, deposits, and the other sources are not fully disclosed.
$200 million maximum
Maximum
The recorded EB-5 mortgage states a maximum principal of $200 million.
Maximum principal is a contractual ceiling. It is not an amount disbursed.
Source record
The recorded EB-5 mortgage states a maximum principal of $200 million. Maximum principal is a contractual ceiling. It is not an amount disbursed.
About $92 million outstanding
Outstanding
The collective EB-5 loan from EB-5 United Okeechobee LLC and EB-5 United Okeechobee II LLC was reported as approximately $92 million outstanding.
Outstanding principal on this date is not Form D amount sold and is not final investor subscriptions.
Source record
The collective EB-5 loan from EB-5 United Okeechobee LLC and EB-5 United Okeechobee II LLC was reported as approximately $92 million outstanding. Outstanding principal on this date is not Form D amount sold and is not final investor subscriptions.
$58,175,000 note principal
Outstanding
The December 31, 2025 mortgage consolidation identifies an existing EB-5 note principal of $58,175,000.
This figure is kept separate from the approximately $92 million collective balance reported as of November 26, 2025.
Source record
The December 31, 2025 mortgage consolidation identifies an existing EB-5 note principal of $58,175,000. This figure is kept separate from the approximately $92 million collective balance reported as of November 26, 2025.
$400 million future-advance ceiling
Ceiling
The December 31, 2025 instrument contains a future-advance provision contemplating a total ceiling of up to $400 million.
A ceiling is not money lent.
Source record
The December 31, 2025 instrument contains a future-advance provision contemplating a total ceiling of up to $400 million. A ceiling is not money lent.
$10.45 million amount sold
Reported sold
The October 24, 2023 Form D for EB5 United Okeechobee LLC reports $10.45 million sold as of that filing.
Amount sold in this filing is not a final raise and is not an outstanding loan balance.
Source record
The October 24, 2023 Form D for EB5 United Okeechobee LLC reports $10.45 million sold as of that filing. Amount sold in this filing is not a final raise and is not an outstanding loan balance.
$4,650,100 amount sold
Reported sold
The August 26, 2025 Form D for EB5 United Okeechobee II LLC reports $4,650,100 sold as of that filing.
Source record
The August 26, 2025 Form D for EB5 United Okeechobee II LLC reports $4,650,100 sold as of that filing.
$8.99 million issued
Issued
Series 2025 Special Assessment Bonds for Assessment Area One were issued in the aggregate principal amount of $8.99 million.
Source record
Series 2025 Special Assessment Bonds for Assessment Area One were issued in the aggregate principal amount of $8.99 million.
$132 million authorization ceiling
Authorized
CDD Resolution No. 2023-30 authorized issuance of not exceeding $132 million aggregate principal amount of bonds.
Authorization is not issuance.
Source record
CDD Resolution No. 2023-30 authorized issuance of not exceeding $132 million aggregate principal amount of bonds. Authorization is not issuance.
$28,039,591.17 original maximum
Maximum
Construction Loan Services II LLC senior financing is later described with an original maximum principal of $28,039,591.17.
Source record
Construction Loan Services II LLC senior financing is later described with an original maximum principal of $28,039,591.17.
$19,461,366.93 outstanding
Outstanding
The December 31, 2025 consolidation identifies an outstanding construction-loan balance of $19,461,366.93.
Source record
The December 31, 2025 consolidation identifies an outstanding construction-loan balance of $19,461,366.93.
About $325,000 deposits reported
Reported spent
Home sale contracts were reported to require approximately a $25,000 nonrefundable deposit, with approximately $325,000 in deposits reported received.
Source record
Home sale contracts were reported to require approximately a $25,000 nonrefundable deposit, with approximately $325,000 in deposits reported received.
JAM 50% · LH 21.25% · Member 18.75% · SPV 10%
Company interest
Direct membership interests in Okeechobee Community Developers LLC are reported as JAM Equities LLC 50%, Okeechobee LH LLC 21.25%, Okeechobee Member LLC 18.75%, and Okeechobee SPV Holdings I LLC 10%.
These are membership interests of the named LLCs, not personal shares.
Source record
Direct membership interests in Okeechobee Community Developers LLC are reported as JAM Equities LLC 50%, Okeechobee LH LLC 21.25%, Okeechobee Member LLC 18.75%, and Okeechobee SPV Holdings I LLC 10%. These are membership interests of the named LLCs, not personal shares.
The membership percentages are not dollar contributions. Personal contributions of named participants are not established.