Ben Cummings is a founder and now Senior Advisor of Birch Capital LLC. Mr. Cummings is responsible for all real estate-related legal matters, as well as investment project identification and evaluation. He also oversees all economic studies to determine compliance with the USCIS unemployment rate and job creation criteria for our EB-5 projects.
Mr. Cummings was also a principal of BirchLEAF Global, LLC and Managing Member of the BirchLEAF Miami 31, LLC Regional Center. The Regional Center completed a $20 million EB-5 loan participation in a 252,000 square foot building at the University of Miami Life Science & Technology Park in Miami, Florida. All investors were repaid in full in 2016 and have received their permanent resident visas.
Ben was also a principal and Senior Advisor to the Birch Boston Fund I, LP, which sponsored an EB-5 loan to Fenway Ventures Point Holdings LLC, which developed a $293 million mixed-use project in Boston, Massachusetts. The EB-5 loan was repaid 2 years early, and investor funds have been redeployed into another Birch exemplar-approved EB-5 project to maintain investors’ visa status, as required by USCIS policy.
From 1988 until 2001, Mr. Cummings was Vice President for Real Estate for Circuit City Stores, Inc., in charge of all of the company’s real estate requirements during its years of rapid growth as a national electronics retail chain. He also served as Vice President of Real Estate for CarMax Auto Superstores, Inc., the country’s leading used car retailer and a former Circuit City affiliate, from its founding in 1993 until 2001. He participated in nearly $2 billion of sale-leaseback and similar financing transactions for Circuit City and Carmax. He was the Owner’s Representative for development of CarMax’s 130-acre home office campus in Richmond, Virginia, a LEED Silver-certified project.
Mr. Cummings is a New Jersey native and is a graduate of Washington & Lee University, Lexington, Virginia with B.A. and J.D. degrees. He has been a member of the International Council of Shopping Centers (ICSC) and served as its Virginia State Director from 1993 to 1995. Mr. Cummings is a member of the Virginia State Bar and was a member of the National Real Estate Advisory Council of The Trust for Public Land (TPL) and served as Chair of TPL’s Chesapeake Region Advisory Council.