Corporate
& Securities
Attorneys
Catherine DeBono Holmes is a corporate and securities
attorney and partner at Jeffer, Mangels, Butler & Mitchell,
LLP, headquartered in Los Angeles. She is the chair of the
firm’s investment capital law group and has been practicing
law for more than 30 years. In the midst of the financial crisis
of 2008, Cathy heard about EB-5, realized it was the perfect
funding vehicle for hotel development, and has subsequently
assisted over 50 developers to obtain EB-5 financing for
mixed-use, multi-family, and hotel developments.
Jeffer, Mangels, Butler & Mitchell is comprised of 120 attorneys working within a number of dedicated practice groups.
As chair of the investment capital group, Cathy oversees
a team that helps business clients, particularly in the field
of real estate development, to raise capital through various
offerings such as EB-5. Cathy’s extensive expertise includes
everything from securities broker-dealer registration, to
regulatory compliance and exemptions, to real estate broker
licensing.
Cathy finds that EB-5 can be a time-consuming process that
is accompanied by a number of risks resulting from changes
in USCIS policy and uncertainties related to issues such as
retrogression. However, she remains dedicated to working
with EB-5 capital for the tremendous opportunities it provides not only to developers and immigrant investors, but
also to average Americans: EB-5 provides access to capital
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Catherine DeBono Holmes
that is necessary to create
U.S. jobs. In the past five
years alone, Cathy has
noted an increase in the
number of developers seeking
EB-5 capital, along with a higher quality of projects being offered
in the EB-5 marketplace.
Cathy has made it a specialty to counsel people about the
securities laws that apply to EB-5 investments, including the
laws that apply to U.S. broker/dealers, U.S. investment advisers, and the requirements under the Investment Company
Act, along with the exemptions to these laws. In order to
eliminate confusion for all involved in the EB-5 community,
Cathy is constantly working to obtain clarification on these
various securities issues, focusing on the inapplicability of
certain laws in relation to EB-5 investments.
EB5 INVESTORS MAGAZINE