View APPROVED RCs
Stephen H. Smith - President
Stephen H. Smith is the owner of Steve Smith Development LLC with a 28-year track record of mixed-use and multifamily projects spread throughout the Puget Sound region.
Mr. Smith’s success is due to his careful analysis of each step in the development process—from market research and site selection to design, construction, marketing and customer service. Through the years, he has delivered high-quality apartment, condominium and mixed-use projects that have commanded premium pricing. In 2005 he entered the senior apartments market by teaming up with SHAG (the Senior Housing Assistance Group) to build the 206-unit Cedar Park apartments in Seattle’s Lake City neighborhood, and continues to build other senior apartment projects with SHAG. In the aggregate, his portfolio includes the development and/or construction of nearly 4,000 units in 40 different projects valued in excess of $900 million. Mr. Smith earned a Bachelor of Art’s Degree from the Henry M. Jackson School of International Studies at the University of Washington.
More information can be seen at www.stevesmithdev.com
Christopher Y. Chen - Representative
Chris is a dynamic, results-oriented management executive with an entrepreneurial drive and 20+ years of experience in business management and a wide range of business ventures. Chris has exported water purification systems to China, and served as president of the five-star First Intercontinental Hotel in Shenyang. Later he served as a special concierge to top-tier clients of the Bellagio Hotel in Las Vegas. Chris has been involved in EB-5 since 2009 when he raised $27 million for a seaside marina project in Wilmington, North Carolina. In 2012, Chris and Steve started working on various EB-5 projects in the Seattle area including a senior apartment project in North Seattle – The Savoy at Lake City which will open for residents in the summer of 2017; an assisted living community near Bitter Lake in North Seattle; and another senior living community in Marysville, Washington. Chris’ understanding of both American and Chinese cultures makes him very well qualified for negotiating and structuring EB-5 transactions.
Thomas S. Dreyer - Representative
Mr. Dreyer has 29 years of experience in U.S. commercial real estate finance and currently serves as manager of CN Capital, LLC, and is a Principal of EB-5 Coast to Coast. CN Capital, LLC is a U.S.-based real estate advisory firm that works with real estate developers seeking capital for large scale commercial developments across the U.S. Previously, Mr. Dreyer served as Managing Director with FBR Capital Markets (“FBR”), an institutional research, brokerage and investment-banking firm. Mr. Dreyer was a co-founder of FBR’s real estate investment-banking group in 1994 and was involved in over $2 billion in real estate transactions before his departure in 1999. Mr. Dreyer returned to FBR in late 2006, again as a Managing Director. From 1999 through 2006, Mr. Dreyer founded and managed Trilogy Capital, a $100 million U.S.-based hedge fund with a focus on real estate related securities. Mr. Dreyer began his career as a financial analyst with LaSalle Partners, now Jones Lang LaSalle in 1988. Mr. Dreyer Graduated from the Edwin L. Cox School of Business at Southern Methodist University in 1988.
Mark Raabe - SVP/CFO
Mark Raabe has been directly involved with the development of over 5,000 multi-family units in the Puget Sound area since 1989. Beginning in 1989, he was the CFO of Polygon Northwest Company, a single-family and multi-family developer. Polygon Northwest was subsequently sold to William Lyon Companies for $500M. From 1991-2003, he was President of The Fortune Group, where he worked with Steve Smith, which was the most prolific developer of multi-family housing in Seattle at the time. Since 2003, he has been a consultant and investor in numerous multi-family developments in the greater Seattle area. He has been a Certified Public Accountant since 1980.
TC Wu - Vice President
Mr. Wu has been involved in Seattle real estate for 12 years, having obtained his real estate license when he was only 19 years old. Since real estate is his passion in life, he quickly achieved remarkable success early in his career due to unrelenting dedication to his clients, who continue to keep his pipeline full with a constant stream of business referrals. Currently he serves as Chief Operating Officer for www.WPIRealEstate.com. WPI Real Estate Services, a full-service real estate company established in 1972. WPI offers professional brokerage and management services for real estate investors in the Seattle area. Mr. Wu's position at WPI, combined with the diverse talents of his team, enables him to serve all the real estate needs of EB-5 Coast to Coast LLC's EB-5 investors, if they wish to purchase a home or investment.