It is with great pleasure for CMB Regional Centers, announces the USCIS has issued an an I-924 and I-526 exemplar approval for the CMB Group 28: Loch Lomond project.
The Group 28 Loch Lomond project once again partners CMB Regional Centers with major US real estate developer, Woodridge Capital Partners, LLC. CMB and Woodridge have collaborated on three other projects, including the recent fully subscribed CMB Group 48 Century Plaza project. The Group 28 partnership provided EB-5 funding of $22 Million representing 44 families’ dreams and goals for permanent residence in the US utilizing the EB-5 program.
The “Village at Loch Lomond” as it is now known, is located in city of San Rafael, California in the San Francisco Bay area. The overall spending for the construction of 81 residential homes, and approximately 27,000 square feet of mixed use space including retail and a specialty grocery store is projected to be $94 Million. As a result, the project is expected to create approximately 485 new indirect and induced jobs for US workers.