With over twenty five years of EB-5 experience, CMB Regional Centers is one of the oldest active regional centers in the EB-5 industry. Mr. Patrick F. Hogan, the CEO and founder of CMB Regional Centers, has been involved in the EB-5 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 16 regional centers. The geographic scope of the 16 regional centers allows CMB to undertake projects within 22 states and Washington D.C.
CMB is recognized as a pioneer in the EB-5 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 75 separate EB-5 partnerships which have raised over $3.3 billion in total EB-5 funds. These 80+ CMB EB-5 partnerships represent over 6,200 limited partners that have subscribed into a CMB EB-5 partnership. The CMB target investments have seen 100% success in all of our partnerships that have been adjudicated by the USCIS. Over 5,200 limited partners have received an I-526 petition approval (for conditional green card), over 2,100 limited partners have received I-829 petition approvals (a permanent green card) and over 2,000 have received a returned capital.
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