The leading EB-5 regional center operator, CanAm Enterprises, successfully redeployed EB-5 investor funds in Q2 2019. CanAm’s diversified EB-5 redeployment platform offers various investment options to CanAm’s EB-5 investors, all of whom have individual redeployment timeframes, risk tolerances, and expected returns.
CanAm Enterprises (“CanAm”) is pleased to announce that it has successfully redeployed EB-5 capital from several separate CanAm limited partnerships whose investors were required to redeploy their funds into another investment vehicle in order to satisfy USCIS’ “at-risk requirement” until they are permitted to file their I-829 Petitions. Each EB-5 investor was able to vote for a redeployment option that suited his or her respective redeployment timeframe and liquidity needs. The majority of the CanAm investors redeploying had relatively short redeployment timeframes of two years or less and opted to reinvest into municipal bonds aimed to support infrastructure spending.
As a leading regional center, CanAm has developed an investor-focused EB-5 redeployment platform that prioritizes investors’ specific immigration and financial needs and objectives. CanAm recognizes that each investor has different goals in terms of his or her redeployment timeframe, expected return, and risk tolerance – and ultimately, it should be the investor’s decision to decide how to redeploy his or her EB-5 capital.
Therefore, CanAm’s diversified EB-5 redeployment platform offers redeployment into:
• Municipal bonds intended for infrastructure-related spending
• Mezzanine loans to qualifying real estate developers
• Longer-term preferred equity investments in real estate projects
Why does CanAm offer various redeployment options?
CanAm’s philosophy throughout its nearly 30 years of operations has always remained the same: to ensure that investors complete their immigration goals and preserve their capital investments. CanAm’s position over the past 15+ years of sponsoring EB-5 projects reflects our commitment to maintain reasonable EB-5 loan terms and predictable maturity dates without locking investors into longer commitments and/or multi-year extensions that carry greater risk and tend to favor developers.
Therefore, CanAm has set up a Registered Investment Advisor, CanAm Capital Management, to recommend the best redeployment option that fits the parameters that an investor chooses. This same “investor-first” mindset has guided CanAm’s approach to developing its redeployment strategy, which is not limited to a single redeployment option to all of its investors, but rather, provides different investment options intended to suit the needs of its specific investors depending on the duration of their respective redeployment periods, liquidity needs, desired capital returns, and risk tolerance.
“CanAm Enterprises has always put its investors first, and the same philosophy applies to our approach to redeployment. CanAm will always provide redeployment options that comply with USCIS’ requirements and preserve the redeployed capital as much as possible,” commented Tom Rosenfeld, President & CEO of CanAm Enterprises.
CanAm Capital Management, LLC (“CACM”) is a registered investment advisory firm with the U.S. Securities and Exchange Commission (“SEC”) under the Investment Advisers Act of 1940. In addition to providing investment advice to CanAm’s EB-5 limited partnerships which must redeploy investors’ capital, CACM also specializes in providing investment advisory services and solutions to high net worth clients. These services are tailored to meet individual client needs and investment objectives. Investment strategies are implemented through CACM’s selection and retention of unaffiliated sub-advisers to provide sub-advisory services, including access to investment funds and investments across multiple asset classes, day-to-day securities selection, and other related services.
In addition, CanAm has established CanAm Capital Partners, LLC (“CACP”) to source equity real estate investment opportunities offering premium risk-adjusted returns by focusing on geographies and assets where CanAm has informational, operational and other competitive advantages. CACP’s collaborators include The Philadelphia Industrial Development Corporation (PIDC), which is the City of Philadelphia’s economic development agency.
About the EB-5 Immigrant Investor Program
The EB-5 Immigrant Investor Program is administered by the United States Citizenship and Immigration Services (USCIS). The Program provides qualified foreign investors with the opportunity to earn “conditional” or temporary two-year visas in return for investing $500,000 in businesses located in high unemployment areas that create or retain at least ten permanent full-time jobs for U.S. workers.
With three decades of experience promoting immigration-linked investments in the United States and Canada, CanAm has a long and established track record. Basing its business on a reputation of credibility and trust, CanAm has financed more than 55 project loans and raised $2.8 billion in EB-5 investments. $1.25 Billion in EB-5 capital from 2,500 investor families has been repaid by CanAm’s EB-5 projects to date. CanAm exclusively operates seven USCIS-designated regional centers that are located in the city of Philadelphia, the Commonwealth of Pennsylvania, the states of California, Hawaii, Florida, Texas and the Metropolitan Region of New York. For more information, please visit canamenterprises.com.