New York, NY — Further setting itself apart as an EB-5 industry leader, CanAm Enterprises today announces its 33rd EB-5 loan repayment to 34 investors. To date, more than 1,700 investor-families have received permanent green cards as well as full principal repayment through investing with CanAm Enterprises. The most recent repayment marked the first project maturity in CanAm Enterprises’s Hawaii Regional Center. The proceeds of the $17 million EB-5 loan helped develop a college campus in the city of Kapolei in West O’ahu, Hawaii. Development of the new campus included construction of a campus center as well as classroom, laboratory, library and maintenance buildings. Necessary site work, infrastructure and land improvements, including of parking, landscaping, lighting, roads, and walkways, were also completed. The project was completed in summer 2012 and classes commenced in fall 2012. Recently, CanAm Enterprises has undertaken a systematic, comprehensive and independent audit from the global accounting firm PKF O’Connor Davies to review its track record. At the conclusion of its review, PKF was able to verify that CanAm Enterprises facilitated 1,711 investor repayments, representing an aggregate EB-5 capital repayment amount of $855.5 million. With this additional $17 million loan repayment, CanAm’s repayment amount has reached $872.5 million, breaking another industry record for EB-5.
About CanAm Enterprises With three decades of experience promoting immigration-linked investments in the United States and Canada, CanAm Enterprises has a long and established track record. Based on a reputation of credibility and trust, CanAm Enterprises has financed more than 55 project loans and raised $2.8+ billion in EB-5 investments. CanAm Enterprises exclusively operates several USCIS-designated regional centers that are located in the city of Philadelphia, the Commonwealth of Pennsylvania, the county of Los Angeles, the metropolitan region of New York, Hawaii, Florida, and Texas. For more information, please visit www.canamenterprises.com
