Membership, management, development, design, lending, and public infrastructure are distinct relationships. A project role does not establish equity ownership.
Florida limited liability company formed October 28, 2021. The December 2025 CDD offering document describes it as the sole landowner and developer, and as a special-purpose entity whose assets consist primarily of interests in the development.
Not established
Total developer equity contributed.
CDD documentSources (3) ↗
Source record
Evidence behind the record
Supports
Florida limited liability company formed October 28, 2021. The December 2025 CDD offering document describes it as the sole landowner and developer, and as a special-purpose entity whose assets consist primarily of interests in the development.
Lakefront Estates CDD Limited Offering Memorandum / Official Statement
50.00% direct company member Dec 11, 2025 · Sole manager
Reported 50% direct member and sole manager of Okeechobee Community Developers LLC. Management authority is not the same as the other members' economic interests.
Not established
Whether any natural person holds a personal percentage of the developer LLC.
CDD documentSources (1) ↗
Source record
Evidence behind the record
Supports
Reported 50% direct member and sole manager of Okeechobee Community Developers LLC. Management authority is not the same as the other members' economic interests.
Lakefront Estates CDD Limited Offering Memorandum / Official Statement
Reported 18.75% direct member of Okeechobee Community Developers LLC. A 2026 Florida filing also identified it as an authorized member. Beneficial owners are not established.
Not established
Beneficial owners and members.
CDD documentSources (2) ↗
Source record
Evidence behind the record
Supports
Reported 18.75% direct member of Okeechobee Community Developers LLC. A 2026 Florida filing also identified it as an authorized member. Beneficial owners are not established.
Lakefront Estates CDD Limited Offering Memorandum / Official Statement
Described in the offering document as a development group associated with Barry Farkas and Mike Silber, founded in 2010 with a focus on low-income housing in the New York City area. Company development totals in that biography are firm figures, not personal net worth. Exact mapping into a direct member LLC is not established.
Not established
Any direct membership percentage in the developer LLC.
CDD documentSources (2) ↗
Source record
Evidence behind the record
Supports
Described in the offering document as a development group associated with Barry Farkas and Mike Silber, founded in 2010 with a focus on low-income housing in the New York City area. Company development totals in that biography are firm figures, not personal net worth. Exact mapping into a direct member LLC is not established.
Lakefront Estates CDD Limited Offering Memorandum / Official Statement
Project design participant associated with concept, master planning, and architectural design. A design role does not establish a separate direct ownership percentage. Formerly discussed in connection with BizDesignes. Firm project-volume figures, if used later, need independent reverification and are not personal wealth.
Not established
Any separate membership interest in the developer LLC.
CDD documentSources (2) ↗
Source record
Evidence behind the record
Supports
Project design participant associated with concept, master planning, and architectural design. A design role does not establish a separate direct ownership percentage. Formerly discussed in connection with BizDesignes. Firm project-volume figures, if used later, need independent reverification and are not personal wealth.
Lakefront Estates CDD Limited Offering Memorandum / Official Statement
Connected to the construction side through Yidel Perlstein's documented development role. Nothing in the current record makes Amboy the general contractor for every component.
Not established
Executed contract scope.
Not independently confirmedSources (1) ↗
Source record
Evidence behind the record
Supports
Connected to the construction side through Yidel Perlstein's documented development role. Nothing in the current record makes Amboy the general contractor for every component.
Engineering party associated with Steven L. Dobbs and the capital-improvement cost estimates. CDD material notes that certain cost information was supplied by the engineers or developer and was not independently verified by the district manager.
CDD documentSources (2) ↗
Source record
Evidence behind the record
Supports
Engineering party associated with Steven L. Dobbs and the capital-improvement cost estimates. CDD material notes that certain cost information was supplied by the engineers or developer and was not independently verified by the district manager.
Master engineer's report and capital-improvement methodology, February 2024
Document date
Feb 1, 2024
Source type
Official offering document
Confidence
Primary source
Lakefront Estates CDD Limited Offering Memorandum / Official Statement
Delaware LLC treated in public filings as a project-specific Lakefront EB-5 investment and lending entity. Its Form D named EB5U FL LLC as manager. Investor names are not disclosed in the Form D reviewed.
Not established
Final investor subscriptions.
SEC filingSources (2) ↗
Source record
Evidence behind the record
Supports
Delaware LLC treated in public filings as a project-specific Lakefront EB-5 investment and lending entity. Its Form D named EB5U FL LLC as manager. Investor names are not disclosed in the Form D reviewed.
Second project-specific EB-5 entity. Form D filed August 26, 2025. Named with EB5 United Okeechobee LLC as a collective EB-5 lender in the December 2025 offering document.
Not established
Final investor subscriptions.
SEC filingSources (2) ↗
Source record
Evidence behind the record
Supports
Second project-specific EB-5 entity. Form D filed August 26, 2025. Named with EB5 United Okeechobee LLC as a collective EB-5 lender in the December 2025 offering document.
Senior construction lender whose note and mortgage interest the December 31, 2025 instrument states was assigned into the consolidated EB-5-backed structure. The old maximum should not be added on top of the $200 million consolidated maximum as if it were separate new money.
Public recordSources (1) ↗
Source record
Evidence behind the record
Supports
Senior construction lender whose note and mortgage interest the December 31, 2025 instrument states was assigned into the consolidated EB-5-backed structure. The old maximum should not be added on top of the $200 million consolidated maximum as if it were separate new money.
Second Amended and Restated Construction Mortgage, recorded January 6, 2026
Document date
Dec 31, 2025
Source type
Public record
Confidence
Primary source
Location
Instrument 202622000044, Official Records Book 422, Page 247
Florida community development district created by Glades County Ordinance No. 2023-7, effective April 18, 2023. It is a unit of special-purpose government under the Chapter 190 framework, not the developer's private LLC.
CDD documentSources (3) ↗
Source record
Evidence behind the record
Supports
Florida community development district created by Glades County Ordinance No. 2023-7, effective April 18, 2023. It is a unit of special-purpose government under the Chapter 190 framework, not the developer's private LLC.
Lakefront Estates Community Development District website
Public sources reviewed through October 7, 2026 identify a marketing role in connection with Lakefront. They do not disclose a contract amount. The approximately $33 million combined cost category cannot be attributed to this organization.
Not established
Contract value.
Not independently confirmedSources (2) ↗
Source record
Evidence behind the record
Supports
Public sources reviewed through October 7, 2026 identify a marketing role in connection with Lakefront. They do not disclose a contract amount. The approximately $33 million combined cost category cannot be attributed to this organization.
Records reviewed through October 7, 2026
Document date
Oct 7, 2026
Source type
Not independently confirmed
Confidence
Not independently confirmed
Lakefront Estates CDD Limited Offering Memorandum / Official Statement
Placement firm. Its closed-transaction pages are company statements. A stated funding target, or a closed label, is not a verified disbursement to the developer.
Company statementSources (1) ↗
Source record
Evidence behind the record
Supports
Placement firm. Its closed-transaction pages are company statements. A stated funding target, or a closed label, is not a verified disbursement to the developer.
The county with land-use authority over the project site. Ordinances, the development agreement, and official records are county records. The project is in unincorporated Glades County.
Public recordSources (1) ↗
Source record
Evidence behind the record
Supports
The county with land-use authority over the project site. Ordinances, the development agreement, and official records are county records. The project is in unincorporated Glades County.
Glades County ordinance and development-agreement records cited in later CDD materials
Then-owner named in the May 12, 2020 development agreement, when the project was identified as the G. Harvey Project. Later CDD documentation describes a November 9, 2021 sale to Okeechobee Community Developers LLC.
Public recordSources (2) ↗
Source record
Evidence behind the record
Supports
Then-owner named in the May 12, 2020 development agreement, when the project was identified as the G. Harvey Project. Later CDD documentation describes a November 9, 2021 sale to Okeechobee Community Developers LLC.
Glades County ordinance and development-agreement records cited in later CDD materials