CMB Regional Centers' The Ellis Student Housing Hits Structural Completion in Eugene
Event summary
- The Ellis, a 14-story mixed-use student housing development in Eugene, Oregon, reached full structural height on July 22, 2026.
- Project developer Fields Holdings and CMB Group 96 received Form I-956F approval from USCIS last month, allowing EB-5 investors to proceed with residency petitions.
- The Ellis is the second student housing collaboration between CMB Regional Centers and Fields Holdings, following the successful completion of The M near the University of Washington in Seattle.
The big picture
CMB Regional Centers continues to focus on student housing developments near major universities, leveraging its experience in the EB-5 program. The successful completion of The M and the progress of The Ellis demonstrate CMB's ability to select and execute high-demand projects, attracting investors seeking conditional permanent residency through the EB-5 program.
What we're watching
- Execution Risk
- Whether CMB and Fields Holdings can maintain their track record of completing projects ahead of schedule.
- Investor Demand
- The pace at which CMB Group 96 fills its limited availability, given the High-Unemployment TEA designation.
- Regulatory Compliance
- How USCIS's approval of The Ellis may influence future EB-5 project evaluations.
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