Month: July 2019
CanAm Enterprises Achieves New Industry-Leading Milestone – $1.25 Billion in EB-5 Projects Repaid
CanAm Enterprises has further established its leading position within the EB-5 industry with repayment in full of a $175 million loan that had been provided to the Southeastern Pennsylvania Transportation Authority (SEPTA) – bringing the total repaid capital by CanAm’s EB-5 investments to $1.25 billion. CanAm Enterprises (“CanAm”) is pleased to announce that another of […]
Significant Changes to EB-5 Program Announced: Minimum TEA Investment Increases to $900,000
The Department of Homeland Security (DHS) published a final rule on July 24 that will bring significant regulatory changes to the popular EB-5 Immigrant Investor program. Among several other changes, the regulation will raise the minimum investment amount in TEAs from $500,000 to $900,000, and $1.8 million outside TEAs. The final rule will go into […]
With EB-5 Program Regulatory Reform on Horizon Selecting a Reputable EB-5 Regional Center Now Matters More Than Ever
The Office of Management and Budget (OMB) has completed its review of the EB-5 Immigrant Investor Program Modernization final regulation. While EB-5 stakeholders anticipate the regulatory announcement in the next weeks, CanAm Enterprises, one of the leading EB-5 regional center operators, discusses the impact on investors who have been considering an EB-5 investment. The United […]
CanAm Enterprises Announces its 56th EB-5 Project Loan Closing: Westin Hotel at Texas Medical Center
CanAm Enterprises (“CanAm”) is thrilled to announce that it has closed its 56th EB-5 loan, valued at $23 million. The proceeds will help finance the renovation of an existing 19-story historic and iconic building located directly adjacent to the Texas Medical Center in Houston, Texas into an approximately 210,000 SF, full-service hotel under the Westin brand. […]