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Group 80 - Homestead Logistics

CMB Infrastructure Investment Group 80, LP (Group 80) will raise up to $12 million (24 investors) of EB-5 investment capital to provide a loan to an affiliate of Hillwood Development Company, a top ten U.S. real estate developer, for the development and construction of the Homestead Logistics project, which is a pre-leased logistics and warehouse facility, located in Homestead, Florida
Homestead Logistics will be located in the city of Homestead, Florida on land previously owned by an affiliate of NASCAR in proximity to the Homestead-Miami Speedway. Upon completion, the Project will consist of 145,162 square feet and serve as a last mile delivery station for a top 10 Fortune 500 e-commerce tenant, which has entered into 15-year (180-month) lease agreement with Hillwood.
Homestead Mayor Steven D. Losner stated “The selection of Homestead ... for the construction of a Delivery Station confirms the position of our community as the new frontier for investment from all comers of the globe. Most importantly, hundreds of new and diverse job opportunities will be created for our residents. The economic impact for Homestead will quickly expand as other business and industry leaders take note of this project and our area. I am confident we are poised to welcome further expansion of jobs, our tax base and the local economy while enhancing our quality of life.”
Read more about the Group 80 Project at the South Florida Caribbean News:
Development activities and vertical construction have commenced. Completion of all construction activity is targeted for Q4 2021.
• Total EB5 Loan: $12,000,000
• Total Project Spending: $50,400,000
• Estimated Jobs from Development & Construction: 274
• 14.17% Job creation buffer
CMB Regional Centers (CMB) and Hillwood Development Company (Hillwood) together represent the most successful lender-borrower relationship in the EB-5 industry, and are both leaders within their own respective industries. CMB continues to be recognized as the leader and a pioneer within the EB-5 industry with over 23 years of experience assisting families from 103 countries around the world with their goal of immigrating to the United States. Hillwood, as one of the largest and most successful developers in the U.S., has and continues to develop projects for over 90 companies listed in either Fortune 500 or Global 500, including: Amazon, FedEx, Pepsico, GE, Starbucks and Wayfair.

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