With over twenty years of EB5 experience CMB Regional Centers is one of the oldest active regional centers in the EB5 industry. Mr. Patrick F. Hogan, the CEO and founder of CMB Regional Centers has been involved in the EB5 industry since 1994, which coincides with the establishment of the Regional Center Pilot Program. CMB Export, LLC (CMB’s first approved regional center) was originally approved in 1997, by the Immigration and Naturalization Service (the INS responsibilities were transferred to the USCIS in 2003). CMB now operates 10 regional centers. The geographic scope of the 10 regional centers allows CMB to undertake projects within 15 states and Washington D.C.
CMB is recognized as a pioneer in the EB5 industry. CMB was the first regional center to rely solely upon indirect and induced job creation, and was the first to introduce the loan model. These practices have become widely implemented by other regional centers and are used regularly throughout the EB-5 industry today.
CMB has introduced 60 separate EB5 partnerships which have raised over $2.6 billion in total EB5 funds. These 60 CMB EB5 partnerships represent nearly 5,000 limited partners which have subscribed into a CMB partnership. The CMB target investments have seen 100% success in all of our partnerships that have been adjudicated by the USCIS. Over 4,000 limited partners that have received an I-526 petition approval (for conditional green card), over 650 limited partners have received I-829 petition approvals (a permanent green card) and CMB’s first six partnerships have returned capital to their limited partners.
CMB Regional Centers has over 45 staff members speaking 16 different languages. This team is made up of senior management, a customer relations team, in-house business counsel, securities compliance, an in-house project development team and an accounting department. CMB works hard to structure each CMB EB5 partnership with the goals of our limited partners in mind. CMB wants to see every limited partner achieve success in EB5 with permanent residency in the United States.
If you are interested in learning more about the EB5 Investor Visa Program or would like to talk to a member of our project team about a potential project, please go to the “contact us” part of the website.