Hogan, President of CMB Regional Centers, has officially been elected for a third term 

CMB Regional Centers (CMB) today announced that Noreen Hogan (President, CMB) has been reelected as Vice President of Invest in the USA (IIUSA), the leading industry trade group for the EB-5 Immigrant-Investor Program.  

“I am honored and humbled to serve as Vice President of IIUSA,” said Hogan “I look forward to continuing our work to advance, enable and improve the EB-5 Regional Center program.” 

IIUSA, the investment-based immigration industry’s leading advocacy group, brings together more than 200 EB-5 Regional Center members around a shared purpose: stimulating the United States economy by cultivating foreign investments that create American jobs. IIUSA’s work has been integral in generating $32 billion in investment, creating hundreds of thousands of new jobs, and revitalizing communities across the country. 

“EB-5 is at an inflection point, and IIUSA’s mission has never been more vital,” said Hogan “As leaders from across the Regional Center industry, it is our responsibility to ensure the EB-5 program remains a sustainable source of capital for job-creating projects and a viable pathway to permanent residency for investors.” 

A pioneer in the Regional Center industry, CMB’s track record demonstrates both the promise and the potential of EB-5 to harness the power of foreign investment to reinvigorate American communities. An acronym for “California Military Base”, CMB was founded in 1997 with a focus on leveraging EB-5 to revitalize former military bases in California. CMB’s first EB-5 projects laid the groundwork for McClellan Air Force Base and Norton Air Force Base to transform into McClellan Park (the largest master-planned community in California) and the San Bernardino International Airport, respectively. 

About CMB Regional Centers 

CMB Regional Centers (CMB) has been a leader in the EB-5 industry for over 28 years, with its first regional center designation approved in 1997. Since then, CMB has assisted over 6,600 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 $1.4 billion USD to investors. 

To learn more, contact CMB directly at [email protected].  

CMB Regional Centers Logistics Project Awarded I-956F Approval by USCIS

Investors will be eligible for immediate adjudication of conditional green card petitions 

DALLAS, May 1, 2025 – CMB Regional Centers (CMB), one of the most experienced regional center operators in the EB-5 industry, today announced that its Group 98 – Hillwood Commerce 71 project has received Form I-956F approval less than three months after filing with United States Citizenship and Immigration Services (USCIS). 

I-956F approval indicates that USCIS has confirmed the project meets all necessary EB-5 Immigrant-Investor Program requirements, making Group 98 investors eligible for immediate adjudication of their conditional green card (I-526E) petitions by USCIS.  

“Securing I-956F approval is a critical milestone in the EB-5 process, and the continued speedy approvals of our projects in high-unemployment areas highlight the underwriting rigor we apply to our investment opportunities,” said Noreen Hogan, President at CMB “With this approval, our Group 98 investors are that much closer to achieving their goal of permanent residency in the United States.” 

Located in the growing business hub of Columbus (capital city of Ohio), Hillwood Commerce 71 will include the development and construction of two Class-A industrial logistics facilities, a wastewater treatment facility, and associated infrastructure improvements required to complete the redevelopment of the site. EB-5 funds will be utilized in all aspects of the development and construction activities of the project. 

The approval continues the trend of record-setting USCIS approval timeframes for CMB EB-5 projects, far outpacing the USCIS-reported 14 months processing time (for 80% of cases) for I-956F petitions: 

• CMB Group 89 – Hillwood City Creek (I-956F approved in 39 days) 
• CMB Group 86 – Gable House Apartments (I-956F approved in under five months)
• CMB Group 90 – Hillwood Treeline (I-956F approved in just over six months) 
• CMB Group 93 – Coachella Valley (I-956F approved in three months) 

CMB and Hillwood Development Company (Hillwood) have cultivated one of the most successful EB-5 lender-borrower relationships in the EB-5 space, with over 40 EB-5 projects and more than $500 million in EB-5 loan repayment to investors. Hillwood is among the largest and most successful developers in the United States and has developed projects for over 90 companies listed in either the Fortune 500 or Global 500. 

Group 98 is the thirteenth CMB EB-5 partnership to achieve an I-956F approval under the EB-5 Reform and Integrity Act of 2022 (RIA).  

Previously approved partnerships include: 

• CMB Group 78 – Hillwood California BTS 
• CMB Group 81 – Inland Empire Industrial 
• CMB Group 82 – Hazleton Logistics Park
• CMB Group 83 – Hillwood SOMI Hayward
• CMB Group 84 – Hillwood Daytona 
• CMB Group 86 – Gable House Apartments
• CMB Group 87 – Kona Bay Hampton Hotel
• CMB Group 88 – Hillwood Detroit Fairgrounds 
• CMB Group 89 – Hillwood City Creek  
• CMB Group 90 – Hillwood Treeline 
• CMB Group 91 – Hillwood DTW Air Cargo
• CMB Group 93 – Coachella Valley 

About CMB Regional Centers 

CMB Regional Centers (CMB) has been a leader in the EB-5 industry for over 28 years, with its first regional center designation approved in 1997. Since then, CMB has assisted over 6,600 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 $1.4 billion USD to investors. 

To learn more about CMB, the EB-5 program, and Group 98 please visit the CMB website or contact us directly at [email protected]. 

The allegations revolved around a complex financial situation in which CMB’s principals made extraordinary efforts to enhance and protect the collateral by preserving the ongoing operations of its borrower and affiliated companies

LOS ANGELES, April 18, 2025 – CMB Export LLC, a global leader in helping foreign nationals achieve permanent residency through the EB-5 immigrant investor program, announced its landmark victory in a civil trial. The three-week trial, presided over in Los Angeles, culminated in a jury verdict delivered on November 21, 2024. The jury ruled in favor of CMB Export and its principals in a unanimous verdict that was memorialized in a Judgement in favor of CMB Export that was filed by the court on April 2, 2025.

The allegations revolved around a complex financial situation in which CMB’s principals made extraordinary efforts to preserve the ongoing operations of its borrower and affiliated companies. When the borrower and its parent company were faced with significant financial challenges, the principals of CMB Export personally infused over $15 million into the borrower’s business to sustain operations in an effort to enhance and protect the collateral securing its loan.

At issue in the case were claims suggesting that CMB Export (the general partner) and its principals acted against the interests of the limited partnership and its stakeholders. Specifically, the plaintiffs alleged they were deprived of the opportunity to independently invest funds when CMB Export’s principals contributed over $15 million of their own money to stabilize and maintain operations of the borrower’s company. This effort was undertaken during a critical period to ensure the borrower’s health, sustain American job creation, and increase the overall value of its assets that serves as collateral for the limited partnership’s loan to position the borrower and its parent company for a future sale and repayment to its creditors.

The defense demonstrated that the principals’ actions not only allowed the borrower’s company and its parent company to continue operations, but also preserved the integrity of the limited partnership. Furthermore, CMB Export’s strategic decisions helped to enable the borrower’s company and its parent company to generate the required economic activity to meet the EB-5 program’s mandate of creating at least ten new American jobs per investor.

By assigning the full benefits of their $15 million loans to the limited partnership, the principals ensured that all limited partners—not a select few—benefited from their efforts. The jury validated this position, recognizing that the principals acted in the best interest of the limited partnership and all its investors.

“The jury’s verdict reaffirms what we have always stood for—acting transparently and with integrity to benefit every member of our limited partnership,” said Pat Hogan, Manager of CMB Export “The decision to personally step in and provide financial support to stabilize the borrower’s company was not made lightly. This victory highlights our unwavering commitment to both CMB’s mission and the trust of our valued investors.”

The legal team at Lewis Brisbois Bisgaard & Smith LLP represented CMB Export in this case, demonstrating their expertise in navigating complex civil litigation. Their strategic approach and in-depth understanding of fiduciary law played a critical role in securing the favorable verdict.

Notably, CMB Export and its affiliates continue to deliver on the primary goal of the EB-5 program—helping investor’s secure permanent residency (green cards) in the United States. Every limited partner within the limited partnership central to this case has successfully achieved this outcome.