About Us
Why CMB Regional Centers
We are one of the oldest active EB-5 regional center operators in the EB-5 industry with over twenty five years of experience. Patrick F. Hogan, our CEO and Founder, has been involved in the EB-5 industry since 1994, and established our first regional center in 1997.
Experience
At CMB we focus solely as a regional center operator and a fiduciary to our investors. We have provided over 65,000 prospective investors with information on the EB-5 program. Over 6,000 investors from over 100 countries have subscribed to CMB EB-5 partnerships to pursue permanent residence in the United States.
To date, CMB has released over 80 separate EB-5 offerings, representing over $3.3 billion worth of investment capital, which has been combined with over $13 billion in public and private funds. These EB-5 offerings financed the development and construction of over 100 projects in 20 states across the U.S., which are projected to create 200,000 new American jobs.
Successes
Since our first EB-5 partnership, Group A, we have a 100% project approval rate. CMB EB-5 investors have achieved over 5,000 I-526 petition approvals, over 2,000 I-829 petition approvals, and we have returned over $1 billion in investment capital to our investors.
Transparency
In 2014, we were the first regional center to commission independent third-party audits of all our EB-5 partnership financials according to GAAP (Generally Accepted Accounting Principles) and petition approval statistics. We have commissioned the same audits each year since, and will continue to, thereby setting a standard of transparency for the industry.
Pioneers
We were the first regional center to rely solely upon economic model derived job creation, and were the first to introduce what is commonly referred to as the loan model. Over the years, the EB-5 industry has continued to evolve and many of the structures and methodologies that we pioneered have become widely used throughout the industry.
History of CMB
The first CMB Regional Center, CMB Export, was authorized in 1997. At the time the EB-5 program was very new and relatively unused. CMB’s Founder, Patrick Hogan, identified a desperate need for capital investment in former military bases located in California that were affected by BRAC (Base Realignment and Closure).
Several large military bases in California had been relocated or shut down, which resulted in the loss of tens of thousands of jobs. Mr. Hogan sought to use EB-5 investment to revitalize those regions. These former military base communities faced serious challenges in the effort to reinvent their economy. They included the need for asbestos abatement, contaminated water tables, and roads in very poor condition. CMB, an acronym for ‘California Military Base’, is named after the effort to improve the infrastructure in these areas.
CMB Export’s first 10 EB-5 partnerships focused on solving these infrastructure issues at the Norton Air Force Base in San Bernardino and the McClellan Air Force Base near Sacramento. CMB was able to utilize EB-5 funds to rebuild roads and bridges, install rooftop solar systems, implement public transportation systems, and remove environmental hazards that discouraged private sector investment.
Today, the former McClellan Air Force Base is now McClellan Park, the largest master-planned community in California. It includes office space, warehousing, retail space, and manufacturing facilities.
The former Norton Air Force Base is now the San Bernardino International Airport. The site also serves as a major logistics and warehousing hub for Southern California. Tenants such as FedEx, UPS, Pepsi, and Stater Bros. all maintain facilities on or near the former base.
These EB-5 success stories show the profound impact the EB-5 program can have to channel investment capital into underserved parts of the United States and spur job creation.
Today, CMB operates 13 Regional Centers, with EB-5 investment projects across the United States. We were able to apply the conservative, infrastructure-focused approach that helped revitalize closed military bases in California to EB-5 projects in sectors like residential construction, industrial warehousing, and renewable energy.
Over 6,000 EB-5 investors have trusted CMB with their immigration pursuit since those early days. CMB has worked with investors from over 100 countries, and we still maintain a worldwide presence, conducting in-person meetings with prospective investors around the world every year.
As a leader in the industry, CMB continues to create high-quality EB-5 offerings for investors interested in pursuing a permanent residency in the United States.
Our Structure
Our approach is simple: Traditionally, our EB-5 partnerships provide a six-year loan to a developer of a project that requires interest-only payments. Depending on the particular project, these loan agreements may be with government agencies, public/private partnerships, or experienced private developers. Our EB-5 investment capital is combined with additional public and private funds to finance the development and construction of the specific project or projects. The benefit of this early-stage “seed” financing is to jump-start the activity of construction, improvements, or repair in the absence of other funding sources. The timing and resources necessary to complete each project will vary depending on the nature of the project. Some projects are one-time events within a single development, while other projects are multi-phase long-term projects. The availability of early-stage alternative financing for infrastructure and construction projects initiates a chain reaction of economic development that results in significant new American job creation.
Our Team
Executives
Patrick Hogan
Chief Executive Officer
Patrick F. Hogan is the CEO and Founder of CMB Regional Centers. Mr. Hogan’s considerable experience dating back to 1994 establishes him as one of the most experienced practitioners in the EB-5 industry. In fact, Mr. Hogan has been involved in EB-5 since the creation of the Regional Center Program. Mr. Hogan founded CMB Regional Centers with the creation of CMB Export, LLC in 1997.
Mr. Hogan, a lifelong entrepreneur, opened his first of many businesses in 1978. Currently, Mr. Hogan is the CEO of two companies that are the leaders in their industries: CMB Regional Centers and Rock Island Auction Company. Today, Rock Island Auction Company is the #1 antique and collectable firearms auction house in the world and CMB Regional Centers is the most successful EB-5 Regional Centers in existence. Mr. Hogan is considered a seasoned expert in the EB-5 industry. He sits on the Board of Directors for the Association to Invest In the USA (IIUSA) and has been an active participant in furthering industry best practices as well as program reauthorization and reform.
Noreen Hogan
President
Pam Ellis
Senior Vice President
Ky Boyle
Senior Vice President: Asia
Matthew Hogan
Senior Vice President of Project
Development
Neal Lee
Senior Vice President/Chief Financial
Analyst
Neal Lee is CMB Regional Centers’ Vice President and Chief Financial Analyst. Mr. Lee leads CMB’s finance team in the due diligence and structuring of CMB’s EB-5 investments. To date, Mr. Lee has overseen in excess of $2.5 billion in CMB EB-5 transactions. Mr. Lee further supervises the activities of CMB’s project compliance team, through the lifecycle of each CMB EB-5 loans. Prior to CMB, Mr. Lee worked as an investment portfolio manager at a global real estate investment / EPC / general contractor firm, based in Seoul, Korea with offices in over 30 countries worldwide. Mr. Lee holds a Master’s degree from Massachusetts Institute of Technology, Cambridge, Massachusetts, and a B.A. in Economics from Yonsei University, Seoul, Korea.
Tara Moffit
Senior Vice President & General Counsel
Investor Relations
Garrett Connors
Vice President
Daniel Ryan
Vice President: Global Market
Development
Kenny Peng
Senior Director of Investor Relations: South Pacific/Asia
Moussa Ndiaye
Director of Investor Relations: France/Africa/Middle East
Vitaly Modlo
Director of Investor Relations:
Russia/Eastern Europe
Doojin Lee
Director of Investor Relations:
Korea
Kiel Kamin
Director of Investor Relations
Emilio Aragon
Director of Investor Relations
Isamar Vega Sanchez
Senior Investor Relations
Manager: Latin America
Evandro Freitas
Senior Investor Relations
Manager: Brazil
Laurel Cao
Investor Relations Manager
Jennifer Trinh
Investor Relations Manager
Sijie “Lucy” Liu
Investor Relations Manager
Alexa Swanson
Investor Relations Manager
Wilson Jiang
Investor Communication
Specialist: China
Ranjeeta Prakash
Investor Relations Manager:
India
Marcoantonio Peña
Investor Relations Manager
Karen Whitmire
Customer Service Representative
Marilyn Manthe
Associate Investor Relations Manager
Client Relations
Sarah Callaway
Director of Client Relations
Jenny Kolar
Client Relations Manager
Marketing
Timothy Edwards
Director of Digital Marketing
and Client Acquisition
Sean Murphy
Senior Graphics Designer
Amy Seeman
Graphic Design/Marketing
Project Team
Kyler James
Chief Economist
Roshan Verma
Director of Finance and
Investment Analysis
Youn Woong Park
Asset Manager
Matthew Temple
Director of Investment
Operations
Kyle Mente
Sr. Economist
Jeremy Lenaerts
Financial & Investment Analyst
Chase Wilbanks
Associate Project Analyst
Brayden Gombert
Project Compliance Analyst
Matthew Coffman
Project Analyst
Legal & Compliance
Joseph Loete
Legal Counsel
Andrew McClarity
Legal Counsel
Cody Svejda
In-house Counsel
Shayleen Adamson
Associate Compliance Analyst
Administration
Nikki Franks
Executive Assistant
Abbey Siefker
Aviation Scheduler / Travel
Director
Stacy Shearman
Office Manager/Executive
Assistant
Yasmine Sebou
Travel Coordinator
Cindy Tucker
Administrative Assistant
Accounting
Stacy McNamara
Controller
William Reilly
Accounting Compliance Officer
Annette Lawrence
Senior Accountant
Julie Prichard
Senior Accountant
Darcy Shetter
Senior Accountant
Dulce Pollock
Sr. Accountant
Human Resources
Amber Shamsie
Human Resources Manager
Garrett Knepper
Human Resources Generalist
Information Technology
Jenn Bowe
Vice President: Information Technology
Emily Ade
Database Developer
Gavin Gassmann
Web Developer
Henry Lopez
IT Support Technician
Michael Huynh
IT Support Technician
CMB Swiss Co (CMBRC Affiliate)
CMB Swiss Co is an affiliate of CMB Regional Centers. Through worldwide marketing campaigns, Swiss Co engages in sourcing prospective individuals interested in immigrating to the U.S. through the EB-5 Visa Program. CMB Swiss Co also interacts and enters into agreements with licensed immigrations agencies, immigration advisors, and other individuals to refer potential EB-5 Investors who are seeking to invest in CMB EB-5 opportunities. Learn more about CMB Swiss Co.
Raymond Alvarez
Senior Vice President of
Operations : Zurich, Switzerland
Lisha Zhang
Referral Relations Manager
(Zurich, Switzerland)
Shelley Xie
Vice President
Anvi Chen
Executive Director (Taiwan)
Lucy Tran
Deputy Resident Director
(Vietnam)
Girish Mohile
Vice President: India
Melody Sun
Deputy Resident Director: China
Chris Feng
Business Development Manager
Trung Nguyen
Director of Business Development
(Vietnam)