No. Conditional residence begins at immigrant admission or adjustment approval. The asset closing is a separate financial event.
Keep the investment and status anniversaries distinct
The ordinary I-829 window is the 90 days before the second anniversary of conditional residence. Neither a sale completion nor filing I-829 guarantees removal of conditions or repayment.
Beyond the fees attached to the offering, budget for legal work on the petition, responses to any request for evidence, translations of financial records, medical examinations, and consular or adjustment steps for each family member. Working backwards, the evidence-gathering should start well before the window opens, because obtaining employment records and financial statements from a third party takes time and the project may be dealing with many investors at once. Keep the commercial calendar of closing dates, capital calls and construction milestones in a record separate from the immigration calendar, so nobody reads a funded escrow as a signal to resign a job or enrol a child in a U.S. school. Records supporting job creation have to exist contemporaneously rather than being assembled at the end, so the reporting arrangement and the investor's entitlement to receive information should be settled at the point of investment rather than requested when the filing window approaches.