CanAm Enterprises Announces Another EB-5 Investment Project Closing: SORA West Office Tower
CanAm Enterprises (“CanAm”) is excited to announce that it has closed a $39.5 million EB-5 investment to help finance the construction of a new office tower at SORA West, a large-scale multi-faceted development in the center of Conshohocken, PA. The office tower will be fully leased to a Fortune 10 company, a global pharmaceutical and healthcare products distribution leader. The office complex will serve as the global headquarters for the company.
“We are proud to co-finance yet another remarkable office facility in Pennsylvania which will bring many new jobs, both through the firm’s operation and through local businesses that will benefit from the forthcoming opportunities,” said Tom Rosenfeld, President and CEO of CanAm Enterprises.
The 11-story, approximately 430,000 square foot office tower is the first phase of SORA West, which will also include a world-class hotel facility with significant restaurant space and a rooftop lounge to accommodate visitors and partners traveling for business.
The EB-5 Immigrant Investor Program (EB-5 Program) is administered by the United States Citizenship and Immigration Services (USCIS). The EB-5 Program provides qualified foreign investors with the opportunity to earn a conditional, or temporary, two-year green card in return for investing $900,000 in projects located in high unemployment areas that create at least ten permanent full-time jobs for U.S. workers.
Prospective investors pursuing permanent residency in the United States are invited to read CanAm’s EB-5 Program Overview and inquire about the EB-5 Visa options.
Source: Markets Insider
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