Month: April 2020

A $12 million EB-5 investment that was used by Rhoads Industries to help fund the expansion of its industrial manufacturing facilities at the Philadelphia Navy Yard was repaid in full and early. Philadelphia, PA. CanAm Enterprises (“CanAm”) is very proud to announce that its $12 million EB-5 investment in Rhoads Industries (“Rhoads”) was repaid in […]

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 […]

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 […]

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 […]

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 […]