CMB GROUP 63 PROJECT – HILLWOOD INDUSTRIAL AND RESIDENTIAL ZONE

Current projects

PROJECT OVERVIEW

A limited partnership, infrastructure investing group CMB 63 (“Group 63”) will support in granting construction capital and developing three Hillwood buildings in two different States; industrial building (Alameda Logistics), industrial facility (Waterman Logistics), and the Pecan Square overall planned residential community, in short called “Project”.

Project Details

1. Strengths of the project

  • The CMB partnerships will be the lender of the government, private/public partnerships or any other private development units that meet CMB’s requirements. These units are responsible for returning the loan.
  • Group 63’s act of combining their capital with public and private capital will create enormous amount of investment capital which will create greater numbers of job than USCIS’s requirement.
  • Transparency is a vital feature that all parties expect, and this feature is ensured to be with all EB-5 CMB partnerships.
  • Group 63 loan is processed with an associated unit of a stable company in the U.S., and this loan will be ensured partially by sales commitment from the Project.
  • Group 63’s Development Zone is located in the areas having high unemployment rate and therefore meets TEA standard, as requested by USCIS to reduce the investment capital.

2. The Project’s EB-5 elements (Approximate values)

  • Total EB-5 loan: $45,500,000.
  • Total project’s expenditure: $181,662,217.
  • Total numbers of job estimated to come from the spending for construction and development: 1,041.

CMB GROUP 63 PROJECT – HILLWOOD INDUSTRIAL AND RESIDENTIAL ZONE

3. Project Schedule

Alameda

  • The development and pre-construction activities are deployed.
  • Construction was carried out in the 2nd Quarter, 2018.
  • The goal is to finish construction by 1st Quarter, 2019.

Waterman

  • The development and pre-construction activities are deployed.
  • Vertical construction was carried out in the 2nd Quarter, 2018.
  • The goal is to finish construction by the 1st Quarter, 2019

Pecan Square

  • The development and pre-construction activities are deployed.
  • The ground level construction includes ground clearance and fence construction which were carried out in 1st Quarter, 2018.
  • The goal is to finish construction by 2nd Quarter, 2020.

Investor’s overview:

Hillwood is one of the top ten real estate developers in the U.S. and recognized through many great projects as well as public – private joint-ventures. Hillwood was awarded with many great prizes from trusted real estate commercial organizations. The company is famous for many great, outstanding and influential projects which become the top sites for civilians and clients to settle and earn for a living. The most obvious fact about the enormous business environment development capabilities is that nearly 90 companies of Forbes’ Fortune 500, Global 500 or list of top private companies have chosen Hillwood’s buildings as headquarters.

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