Month: September 2020
Despite COVID, CanAm Collects on $20 Million Loan on Behalf of Its EB-5 Investors
CanAm Enterprises is pleased to announce that it has secured full repayment of its $20 million loan to the City Center Allentown Project on behalf of its 40 EB-5 Program investors. The EB-5 loan financed the construction of a full-service Marriott Renaissance Hotel and Three City Center office building in downtown Allentown, Pennsylvania. “With COVID […]
CanAm’s Sora West Office EB-5 Project Receives Exemplar Approval from USCIS
CanAm Enterprises (CanAm) is pleased to announce that the exemplar Form I-924 Application for the SORA West Office Project (the “Project”) has been approved by the United States Citizenship and Immigration Services (USCIS). This application was filed in August 2019 and was approved in approximately 12 months, significantly shorter than the average I-924 processing time. […]
EB-5 fund invests $50M in Hialeah warehouse park – looking for more Florida projects
BY REBECCA SAN JUAN SEPTEMBER 17, 2020 07:00 AM MIAMI An EB-5 investment firm searched the state for a potential prosperous development, and decided to bet on a Hialeah warehouse project. And it has another $125 million to drop. CanAm Enterprises, founded 33 years ago in Canada, invested $50 million into the Countyline Corporate Park project in […]
Impact of Suspension of H1B and Other Visas on US Immigration
The United States of America has welcomed millions of immigrants from various countries over the years to study, work, build and expand business. However, the ongoing COVID-19 pandemic has influenced the US government to revisit immigration policies to maintain an economic balance in the country. As per the amended rule The United States of America […]