Month: June 2021
Letter From The President Regarding the Short-Term Program Lapse
Dear Limited Partner: As you may know, the EB-5 Regional Center Program (the “Program”) will sunset at the end of the day on June 30, 2021 due to a lapse in Congressional authorization to continue the Program. We understand that you may be wondering about the impact of this lapse on your immigration status, and […]
CanAm’s Statement on Behring vs Wolf Ruling
On June 22nd, the U.S. District Court for the Northern District of California ruled in Behring Regional Center LLC v. Chad Wolf, that Former Acting Homeland Security Secretary Kevin McAleenan was not properly serving in his position when he promulgated the EB-5 Modernization Final Rule, and accordingly, the new EB-5 Program regulations which took effect […]
CanAm Capital Partners Closes on $2.5 Million Preferred Equity Investment in Coordination with an affiliate of Keystone Property Group for an Office Property in Bala Cynwyd, PA
NEW YORK, NY – CanAm Enterprises (CanAm) is pleased to announce that on June 9, 2021, its private equity affiliate, CanAm Capital Partners (CACP), closed on its latest real estate investment, a $2.5 million preferred equity investment in the redevelopment of a 12-story office building, One Belmont Plaza, located in Bala Cynwyd, Pennsylvania, just outside of Philadelphia. The […]
Is EB5 Visa A Winning Opportunity For International Students?
June 16, 2021 Housing some of the world’s most prestigious universities and faculty members, the US attracted over one million international students in 2019-2020. Indian students are the second largest filer of Student Visa applications after China. A large number of Indian Students intend to stay back in the United States to pursue their desired […]
CanAm Capital Partners Closes on $21 Million Mezzanine Loan with Merrimac Ventures for 306-Unit Apartment Project in Plantation, FL
NEW YORK, NY – CanAm Enterprises is pleased to announce that its private equity affiliate, CanAm Capital Partners (CACP), closed on its latest real estate investment on May 25 2021. The $21 million mezzanine loan, along with a $50.6 million senior construction loan provided by Bank OZK, will be utilized to finance Merrimac Ventures’ $90 million […]
CanAm’s Jefferson Energy Terminal EB-5 Project Received Exemplar I-526 Petition Approval from USCIS
CanAm is pleased to announce that its Jefferson Energy Terminal EB-5 project received Exemplar I-526 Petition approval from the U.S. Citizenship and Immigration Services (USCIS) on May 24, 2021. Jefferson Terminal is an energy infrastructure expansion project sponsored by Fortress Transportation and Infrastructure Investors. Strategically located at the Port of Beaumont, TX, the project will […]
CanAm Executive Walter Gindin to Speak at Annual AILA Conference on June 11
NEW YORK— CanAm Enterprises is pleased to announce that Walter S. Gindin will be a speaker at the Annual AILA Conference on Immigration Law to be held June 9-12, 2021. Mr. Gindin serves as Director of Legal Affairs at CanAm Enterprises. He is one of three industry leaders participating in a virtual panel discussion on […]