by Tim Edwards | Jan 20, 2025
Group 93 – Coachella Valley BTR
Estimated Jobs from Development & Construction
A MULTIFAMILY RESIDENTIAL COMMUNITY
The Project
The Coachella Valley BTR (Build-to-Rent) Project, also known as
Summerwell La Quinta and Vista Monroe Homes, will consist of the
development and construction of an approximately 240 home community
consisting of single-family homes intended for the build-to-rent residential
market. The community is located on a 40-acre site at 55150 Monroe
Street, Thermal, California – adjacent to the cities of La Quinta and Indio,
CA in unincorporated Riverside County, California. The area, also known as
the Coachella Valley, is part of the greater Palm Springs metropolitan area.
Coachella BTR
Upon completion, the Project will feature 240 newly-constructed homes
for rent on eighty (80), 10,000 square foot lots.
EB-5 funds will be utilized in all aspects of the development and
construction activities of the Project. This may include, but is not limited
to, site demolition and abatement, onsite and offsite development,
grading, landscaping, drainage systems, horizontal infrastructure, and
vertical construction of the Project.
Hillwood Development Company
Hillwood is a leader in developing and acquiring high-quality industrial properties across North America and Europe. From acquisition and joint ventures, to development and ongoing property management, Hillwood provides creative solutions for its customers and long-term value for its partners. Hillwood offers the depth of capital, market expertise, industry relationships, and forward-looking vision to buy and build industrial properties that meet the logistics and distribution demands of evolving markets.
40+
CMB/Hillwood
Partnerships
30+
Partnerships with
I-526 Approvals
25+
Partnerships with
Loan Repayment
15+
Partnerships with
I-829 Approvals
PROJECT TIMELINE
• Early development and construction activity
began in Q3 2024.
• The first residential build-to-rent unit will be
delivered Q3 2025.
• The last residential unit will be delivered Q2 2026.
CMB is the leading EB-5 regional center with a 100% project success rate in over 70 projects.
Hillwood Development Company is an award-winner developer with over 30 years of experience.
by Tim Edwards | Jan 3, 2025 | News
The Dallas project represents the 63rd CMB EB-5 partnership with investor I-829 petitions approved by USCIS
DALLAS, January 2, 2024 – CMB Regional Centers (CMB), one of the most experienced regional center operators in the EB-5 industry, today announced the first approval of petition I-829 for an investor in its Group 66 – Hôtel Swexan project. Approval of the I-829 petition is the final step in the EB-5 visa process for immigrant investors to be issued a permanent green card (conditions removed) and achieve permanent residency in the United States.
“We are thrilled at yet another successful approval of an investor’s I-829 petition, which is arguably the most significant milestone in their EB-5 journey: the removal of conditions on their permanent green card” said Noreen Hogan, President at CMB. “We’re proud to have been a part of this process and look forward to continuing to support our investors in their pursuit of permanent residency in the United States.”
The USCIS has approved over 5,500 I-526 petitions for conditional green cards and nearly 3,000 I-829 petitions for permanent green cards in connection with CMB partnerships.* In its more than 25 years of experience in the EB-5 industry, CMB has repaid over $1.3 billion USD to its investors.
Located in uptown Dallas, Texas, Hôtel Swexan is a 132-key luxury boutique hotel, which includes an exclusive lifestyle club, executive boardrooms, a ballroom, and event space. After just one year, Hôtel Swexan was selected for Condé Nast Traveler’s 2024 Readers’ Choice Awards, which recognized the hotel for its “blend of European elegance and Texas charm, award-winning dining, and stunning Japanese architecture.”
Other recent CMB partnerships include (but are not limited to):
*I-526/I-526E and I-829 approvals are audited on a quarterly basis by Forvis Mazars,,LLP, a third-party national accounting firm.
About CMB Regional Centers
CMB Regional Centers (CMB) has been a leader in the EB-5 industry for over 25 years, with its first regional center designation approved in 1997. Since then, CMB has assisted over 6,400 investor families, from over 100 countries, in their pursuit of immigrating to the United States. CMB currently maintains a 100% project approval rate on partnerships that have undergone United States Citizenship and Immigration Services (USCIS) adjudication. To date, CMB has repaid over $1.3 billion USD to investors.
To learn more about CMB, the EB-5 program, and Group 89 please visit the CMB website or contact us directly at [email protected].
by Tim Edwards | Dec 9, 2024 | News
Ron Klasko, a trusted EB-5 attorney with a wealth of litigation experience, recently achieved a monumental victory in an immigration case, Battineni v. Mayorkas, Civil Action 22-1332 (PLF) (D.D.C. Oct. 2, 2024) with implications for prospective investors in the EB-5 program.
A groundbreaking decision out of Washington, D.C., the outcome represents the first federal court decision rejecting a long-standing interpretation of the United States Citizenship and Immigration Services’ (USCIS) “path of funds” requirement for EB-5 Immigrant-Investors.
The decision effectively rejected the USCIS policy and determined the only relevant issue is the lawfulness of the immediate source of the funds used for the investment, further advising that there is no regulatory requirement to trace the funds “back to persons or entities who provided the funds.” So long as the immediate source of funds is lawful, there is no need to trace it back to the person or entity who provided the funds to the immediate source.
Brandon Meyer, founder and Managing Partner of Meyer Law Group, noted the importance of the decision for EB-5 Investors:
‘This decision, while not binding on USCIS, has already been used by our office to successfully overturn prior I-526 denials.’
We encourage each of our investors to work with well-qualified immigration counsel on source-of-funds documentation, given the unique situations of each individual investors and their investments. That said, the outcome of this case promises to pave the way toward a streamlined, less cumbersome path forward for immigrant investors around the world.
by Tim Edwards | Nov 13, 2024 | News
Represents the 62nd CMB EB-5 partnership with investor I-829 petitions approved by USCIS
DALLAS, November 13, 2024 – CMB Regional Centers (CMB), one of the most experienced regional center operators in the EB-5 industry, today announced the first approval of petition I-829 for an investor in its Group 67 – Great Wolf Lodge Arizona project. Approval of the I-829 petition is the final step in the EB-5 visa process for immigrant investors to be issued a permanent green card (conditions removed) and achieve permanent residency in the United States.
“The approval of the I-829 petition is a milestone that signifies the success of an EB-5 investment, the creation of jobs, and fulfillment of the American dream for our investors,” said Noreen Hogan, President at CMB. “We are proud to continue to offer strong, USCIS-compliant EB-5 projects that unlock a future of opportunity in the United States for our investors and their families.”
The USCIS has approved over 5,500 I-526 petitions for conditional green cards and nearly 3,000 I-829 petitions for permanent green cards in connection with CMB partnerships.* In its more than 25 years of experience in the EB-5 industry, CMB has repaid over $1.3 billion USD to its investors.
Located in Arizona’s Greater Phoenix metropolitan area, the CMB Group 67 – Great Wolf Lodge Arizona includes a 350-suite hotel, an indoor water park, arcade, and spa, among other amenities.
Other recent CMB partnerships include (but are not limited to):
*I-526/I-526E and I-829 approvals are audited on a quarterly basis by Forvis Mazars,,LLP, a third-party national accounting firm.
About CMB Regional Centers
CMB Regional Centers (CMB) has been a leader in the EB-5 industry for over 25 years, with its first regional center designation approved in 1997. Since then, CMB has assisted over 6,400 investor families, from over 100 countries, in their pursuit of immigrating to the United States. CMB currently maintains a 100% project approval rate on partnerships that have undergone United States Citizenship and Immigration Services (USCIS) adjudication. To date, CMB has repaid over $1.3 billion USD to investors. To learn more about CMB, the EB-5 program, and Group 89 please visit the CMB website or contact us directly at [email protected].
by Tim Edwards | Oct 9, 2024 | News
The petition was approved by USCIS following CMB filing a writ of mandamus
DALLAS, October 9, 2024 – CMB Regional Centers (CMB), one of the most experienced regional center operators in the EB-5 industry, today announced that its Group 84 – Hillwood Daytona project has received Form I-956F approval from the United States Citizenship and Immigration Services (USCIS)
The approval comes in response to CMB requesting a writ of mandamus, which sought an order from the court to require the USCIS to adjudicate the I-956F petition. An integral part of the USCIS approval process, an I-956F approval confirms that the project meets all necessary EB-5 Immigrant-Investor Program requirements.
“It is extremely rewarding to see that our efforts to ensure adjudication of the Group 84 project have paid off,” said Noreen Hogan, President at CMB. “We’re proud to have secured a successful outcome for our investors, who are one major step closer to achieving permanent residency in the United States.”
The I-956F petition was filed with the USCIS in January 2023 and, when it became apparent the CMB Group 84 petition adjudication was taking longer than expected, CMB worked, on behalf of its investors, to request the writ of mandamus.
The CMB Group 84 EB-5 partnership lent $79.2 million to a Hillwood Development Company-affiliated entity for the construction of a Daytona Beach, Florida build-to-suit logistics facility for a Fortune 500 tenant. With over 40 EB-5 projects and more than $500 million in EB-5 loan repayment to investors, CMB and Hillwood Development Company have cultivated one of the most successful lender-borrower relationship in the EB-5 industry.
CMB Group 84 is one of 11 CMB EB-5 partnerships to achieve an I-956F approval under the RIA. Other approved partnerships include:
About CMB Regional CentersCMB Regional Centers (CMB) has been a leader in the EB-5 industry for over 25 years, with its first regional center designation approved in 1997. Since then, CMB has assisted over 6,400 investor families, from over 100 countries, in their pursuit of immigrating to the United States. CMB currently maintains a 100% project approval rate on partnerships that have undergone United States Citizenship and Immigration Services (USCIS) adjudication. To date, CMB has repaid over $1.3 billion USD to investors. To learn more about CMB, the EB-5 program, and our current I-956F-approved Group 89 project that is available for subscription, please visit the CMB website or contact us directly at [email protected].
