CMB, an acronym for “California Military Base” or “Closed Military Base”, strives to be the finest EB-5 Regional Center in the United States. The focus of CMB Regional Centers is upon investors first. Accordingly, CMB realizes that investors generally have three objectives: permanent residency, ultimate repayment of investment, and some rate of return on the investment. CMB’s success record leaves little doubt that CMB Regional Center’s business model has a successful, investor-centric approach. Through its success, CMB has learned that by following the investor-centric business model, all parties involved in CMB Partnerships prosper. These various stakeholders include: the foreign national investor, the communities within the Regional Center, American workers, and federal, state and local governments.
CMB Regional Centers carefully consider the location of all projects to ensure that the project qualifies as a Targeted Employment Area (TEA) if the investor capital contribution is going to take place at the reduced $500,000 investment threshold. Previous CMB investors have considered our model and determined that it is one of the safest and most secure EB-5 investments being offered. This is because the CMB model carefully addresses both investor and USCIS concerns. While previous investments were located in clearly identified TEA’s, CMB’s recent investment embarks on our first non-TEA project that will require a $1,000,000 investment from each EB-5 investor.
CMB Regional Centers - History
The CMB Export Regional Center (CMB) was authorized on August 15, 1997 and subsequently reaffirmed April 2007, June 2010, and May 2012. The CMB plan was to focus on communities that contain closed or Federal Base Realignment and Closure Commission-affected military bases and helping those same communities that have experienced the economic devastation of losing the jobs and commerce the military bases formerly provided to the communities for decades. CMB decided to apply the lessons learned in the initial military base revitalization to all California communities and public and private partnerships. CMB sought and obtained the geographic scope of the entire State of California on June 10, 2010.
CMB Regional Centers further include the CMB Summit, LLC Regional Center in Ohio. CMB Summit, LLC was formed in the State of Ohio on December 12, 2008; designated by USCIS as a Regional Center covering Summit County Ohio on January 22, 2009; and amended to cover the entire State of Ohio on July 25, 2011. While the CMB Summit Regional Center was approved by USCIS in January 2009, the history of CMB Summit began long before that date. CMB Summit began with the early development of the new World Headquarters for the Goodyear Tire and Rubber Company and various other projects across Ohio being developed by Industrial Realty Group (IRG).