CMB Regional Centers is thrilled to announce the opening of its 70th EB-5 PartnershipAugust 23, 2019
CMB has recently opened its 70th EB-5 offering (Group 70 Hillwood Logistics III) to facilitate foreign investor’s immigration to the United States through the EB-5 investor visa program. The Group 70 partnership is the 27th CMB partnership that has loaned EB-5 funds to a Hillwood Affiliate since 2007. The Group 70 projects are located in a Targeted Employment Area (“TEA”), so investors can invest at the current minimum of $500,000.
ALAMEDA, Calif. (PRWEB)August 22, 2019
Group 70’s EB-5 loan will assist in funding the construction of six logistic facilities in California (Alameda, San Bernardino and Colton) and in Jacksonville, Florida. The developments in San Bernardino and Jacksonville are each built-to-suit facilities for a Fortune 500 company, FedEx and Wayfair, respectively.
“I am proud to announce the opening of our 70th EB-5 partnership,” said Noreen Hogan, President of CMB Regional Centers. “CMB’s goal when structuring our projects is to make sure they give our investors the greatest likelihood for success in achieving a green card and repayment of their investment. All CMB partnerships that have been adjudicated by the USCIS have been approved at the project level, and CMB uses the same fundamental structure with all of our projects.”
CMB Regional Centers has over 20 years of experience in the EB-5 industry, dating back to 1997 when their first EB-5 regional center, CMB Export, was authorized to operate in California. Today, CMB has 16 approved EB-5 regional centers, and can take on projects within 22 U.S. states and Washington D.C. CMB has raised EB-5 funds for a diverse portfolio of projects including: hotels, renewable energy facilities, residential buildings, resorts, office buildings, distribution warehouses, student housing, luxury residences (at the $1 million non-TEA level) and multi-use developments.
“When looking to take on projects, I look to provide our clients with the safest investment opportunities possible,” Matt Hogan, Vice President of Project Development at CMB. “CMB has a core group of borrowers that we continue to work with because they know our loan structure and conservative underwriting criteria. This is a key component, since we require certain protections within our loan agreements that are unique to EB-5 and CMB.”
CMB has been a leader in the EB-5 industry since the beginning of the program and has helped pioneer many of the current structures used within the industry. CMB was the first to introduce the loan model and was the first to use indirect and induced job creation. With over 5,300 EB-5 investors from 99 countries around the world, CMB continues to maintain our 100% project approval. CMB has helped over 4,800 families achieve initial I-526 petition approval and provide them with a path to immigrate permanently to the United States and live the American dream.
If you would like to learn more about the EB-5 investor visa program and how CMB can help you immigrate permanently to the United States through investment, please contact CMB Regional Centers at: 1-309-797-1550, [email protected], cmbeb5visa.com.
