Month: October 2020
CanAm Announces Closing of CACP Urban Philadelphia Portfolio – A Diverse Private Equity Investment Opportunity in Philadelphia
CanAm Enterprises (“CanAm”) is pleased to announce that its private equity affiliate, CanAm Capital Partners (“CACP”), in collaboration with the Philadelphia Industrial Development Corporation (“PIDC”), has closed its latest private equity real estate investment opportunity in Philadelphia. The $4.85 million in capital is being utilized to fund construction and other costs associated with the development […]
CACP Closes on Private Equity Investment in $35.9 million Apartment Development in Lake Jackson, Texas
CanAm Capital Partners (“CACP”), a private equity investment firm affiliated with CanAm Enterprises (“CanAm”), along with the Ben Barnes Group, is acting as sponsor in the development of a 220-unit multifamily rental apartment community in the Lake Jackson, Texas (the “Project”). “We were introduced to the Lake Jackson market by our partner, Ben Barnes, and […]
Major Office Deals Suggest Brighter Days Ahead for Urban Centers
There is no question that major metros across the country such as New York City, Boston and San Francisco have been among the hardest hit by the economic fallout from the 2020 global health crisis. Many local economies continue to face near term challenges due to business operating restrictions, shifts to remote working and changes […]
CanAm’s Sora West Office EB-5 Project Receives First I-526 Petition Approval by USCIS
On the heels of the recent news that our Sora West Office EB-5 Project received Form I-924 exemplar approval on September 3rd, CanAm is very pleased to announce that USCIS approved the first investor I-526 Petition less than three weeks later on September 21st, 2020. The $39.5 million EB-5 loan is being utilized for the […]
Indian nationals formed the biggest chunk of EB-5 applicants in FY19
By Priyanka Sangani Oct 07, 2020, 06:27 AM IST Synopsis The EB-5 investor program provides US citizenship to applicants once they invest $900,000 in any of a few specific opportunities. The investment amount was $500,000 before it was increased in November last year. PUNE: Indian nationals overtook those from China and Vietnam to file […]