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EB-5 News

Norton Air Force Base Visit

2017-05-25

05/25/2017  – CMB Regional Centers During a recent visit to the former Norton Air Force Base Patrick Hogan, CMB’s CEO and Founder, visited the Stater Bros. distribution center located in San Bernardino, California.  The redevelopment of this region was part of CMB’s first eight EB-5 investment partnerships that helped create thousands of jobs after the Base Realignment and Closure Act (BRAC) shut down Norton Air Force Base.  Mr. Hogan was asked to speak at an international trade summit hosted at the former Air Force Base. Mr. Hogan was able to see once again the ongoing economic growth that is occurring…

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Century Plaza Hotel redevelopment

2017-05-25

05/25/2017  – CMB Regional Centers KimAnh Hua, a CMB EB-5 Case Manager, visited the Century Plaza Hotel redevelopment on Tuesday.  She took a great picture of the construction that is happening right now, which CMB’s Group 48 partnership helped fund by providing a $450 million loan (using EB-5 investment funds) to the developer Next Century Associates.  Once completed the Century Plaza Hotel and Condominiums will be a $2.5 billion development, which will have 394 up-scale hotels room and 353 luxury condominiums. As you will see from the picture, the demolition has started by tearing down the old fitness center (below…

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Annual Inland Empire World Trade Conference

2017-05-25

05/24/2017  – CMB Regional Centers Patrick Hogan was an honored guest and was invited to speak at the Annual Inland Empire World Trade Conference.  Mr. Hogan spoke about the huge impact that EB-5 investment capital had on attracting new business to the region and the resulting job creation that has occurred since the former Norton Air Force Base was closed in 1994.  When the base was closed there were thousands of jobs that were lost, not just directly but also indirectly in the surrounding communities in San Bernardino, CA.  Just this year there was an article written by a newspaper…

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CMB Regional Centers – 4,000+ I-526 Approvals

2017-05-18

05/18/2017  – CMB Regional Centers CMB is excited to announce that we now have over 4,000 limited partners that have received I-526 petition approvals.  We are honored to have helped so many EB-5 investors and their families in pursuit of their dreams of U.S. permanent residency.

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Century City's Luxe-Housing Renaissance: New Condos Offer Botox Bars, Robot Butlers

2017-05-01

05/01/2017  – CMB Regional Centers A rendering of Century Plaza It’s “not just your father’s law firm anymore” as Candy Spelling, Rihanna, Paula Abdul and more buy in the formerly sleepy nabe experiencing a turnaround. Anyone curious to get a glimpse of what urbanists envision for the future of Los Angeles — less suburban, more vertical living with a greater emphasis on walkability and public transportation — could do worse than to study the renaissance taking place in the 176-acre Westside neighborhood of Century City. For more than half a century, the development built on the…

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