CMB Regional Centers Secures First I-829 Approval for Hillwood Mansfield Retail Project
Event summary
- CMB Regional Centers received its first I-829 approval for the Hillwood Mansfield Retail Development project on March 17, 2026.
- The project, a grocery-anchored retail shopping center in North Texas, created 261 EB-5 qualified American jobs.
- CMB and Hillwood have collaborated on 45 EB-5 projects, with over $600 million in EB-5 capital repaid and 63,000+ jobs created.
- CMB has repaid over $1.5 billion USD to investors and maintains a 100% project approval rate on all 93 partnerships adjudicated by USCIS.
The big picture
This I-829 approval underscores CMB's strong track record in the EB-5 industry, particularly in partnership with Hillwood. The project's success in a Targeted Employment Area (TEA) highlights the strategic importance of job creation in high-unemployment regions. With over $1.5 billion repaid to investors and a 100% approval rate, CMB continues to solidify its position as a key player in immigration-linked real estate development.
What we're watching
- Regulatory Compliance
- How USCIS's approval process will impact the pace of future I-829 approvals for CMB's projects.
- Market Expansion
- Whether CMB can sustain its 100% project approval rate as it scales its EB-5 partnerships.
- Investor Confidence
- The pace at which CMB can repay additional capital to investors, given its track record of over $1.5 billion in repayments.