Category: Uncategorized
New Jersey City University Project Funded by CanAm Receives I-526 Approval from USCIS
CanAm Enterprises (“CanAm”) is pleased to announce that USCIS has approved the first I-526 petition for the New Jersey City University (NJCU) West Campus project (the “NJCU Project”) . CanAm’s $22.5 million EB-5 loan to the NJCU Project is part of the $400 million West Campus Redevelopment Plan approved by the New Jersey Economic Development […]
Letter from the President
Dear Investor, As many of you may be aware, U.S. President Donald Trump tweeted late in the evening on April 20th that he intended to sign an Executive Order (“EO”) temporarily suspending immigration to the U.S., purportedly to mitigate harm to the U.S. economy as a result of the COVID-19 pandemic. On April 22nd, the language […]
CanAm’s EB-5 Project, Westin Hotel at Texas Medical Center, is Approved by USCIS
USCIS approved the I-924 exemplar application for CanAm’s Westin Hotel at the Texas Medical Center project last month. CanAm Enterprises (“CanAm”) is thrilled to announce that the I-924 exemplar for its Westin Hotel at Texas Medical Center project has been approved by the U.S. Citizenship and Immigration Services (USCIS) on March 19, 2020. CanAm made […]
Best Practice: Strategies for Redeploying EB-5 Capital
Published on EB-5 Investors Magazine on 4/8/2020 By Christine Chen and Walter S. Gindin The concept of redeploying, or reinvesting, capital following the realization of the original EB-5 investment was already on the minds of many EB-5 stakeholders by the time that retrogression for Chinese nationals was announced in May 2015. And while there […]
Another CanAm EB-5 Investment Project Repays, Marking Total of 41 EB-5 Projects Fully Repaid
The second tranche of its two-phased EB-5 investment in the Gulfport Marine Terminal, located in Staten Island, NY, was repaid today, bringing total repayments by CanAm’s EB-5 projects to date to more than $1.4 billion in EB-5 capital repayments. CanAm Enterprises (“CanAm”) is thrilled to announce that another of its EB-5 investments has repaid in […]
COVID-19: Advice to help investors navigate in the current climate
Fears about the human and economic toll of Covid-19 have fueled panic and unprecedented volatility in global equities markets. Investors who have capital invested in the stock market have experienced a wild ride of ups and downs in recent weeks. Many stock portfolios have plummeted in values along with the sharp drop in the stock […]
Another CanAm EB-5 Investment Repays: $60 Million from Philly Shipyard
CanAm Enterprises (“CanAm”) is very proud to announce that a $60 million EB-5 investment that was used by Philly Shipyard to help fund the construction of four ocean-going product tanker vessels was repaid today, representing 120 EB-5 immigrant investors. Philly Shipyard, formerly Aker Philadelphia Shipyard, is located on approximately 115 acres in Southeast Philadelphia on […]
CanAm’s SORA West Project Marks Development Milestone
The office tower at SORA West, which will serve as the new global headquarters of the Fortune 10 company, AmerisourceBergen, topped out last month when the last beam was placed atop the 11-story building. CanAm Enterprises (“CanAm”) is excited to announce that its SORA West project, a $272 million office tower developed by Keystone Property […]
The EB-5 Immigrant Investor Program in 2020: A New Era Begins
The EB-5 Immigrant Investor Program in 2020: A New Era Begins -By Tom Rosenfeld Nearly 30 years ago, Congress established the EB-5 program in order to encourage and attract foreign direct investment in the U.S. for the benefit of rural communities and urban areas in need of economic development and job creation. Since then, the […]
