CMB Infrastructure Investment Group 22 funded the development of a 5 story residential tower in Dallas, Texas. The tower, also known as ‘Fairfield at Ross’ or ‘555 Ross Avenue’, includes 267 apartments and a 6-story central parking structure.
The co-developer of this project and parent company to the Group 22 Borrower, Griffin Capital, recently informed CMB that construction is nearing completion. They have begun leasing units, and all amenities should be completed by the end of April.
To date, 31 of the 33 Limited Partners in CMB Infrastructure Investment Group 22 have received their I-526 petition approvals for conditional residency, with two still pending adjudication by the USCIS.