CanAm Capital Partners Closes on Equity Investment with Lloyd Jones for 159-unit Active Adult Community in Port St. Lucie

NEW YORK, NY – CanAm Enterprises is pleased to announce that its private equity affiliate, CanAm Capital Partners (CACP), has closed on its latest real estate investment in Florida. CACP has fully funded its $6 million third-party equity investment into an affiliate of Lloyd Jones, LLC for the construction of a 159-unit, highly-amenitized active adult and independent living rental community.  … Continue reading CanAm Capital Partners Closes on Equity Investment with Lloyd Jones for 159-unit Active Adult Community in Port St. Lucie

CanAm Closes a $20 Million Redeployment Investment for Mr. C Residences in Coconut Grove, Florida

CanAm Enterprises (CanAm) is pleased to announce that it has successfully closed and funded a $20 million redeployment investment in an existing $185,000,000 construction loan made by an affiliate of Mack Real Estate Credit Strategies to an affiliate of Terra Group. The construction loan is being used to finance the development of the Mr. C Residences, Coconut Grove project, a new residential development in Coconut Grove, Florida featuring two, 21-story towers connected by an above-grade parking structure. The … Continue reading CanAm Closes a $20 Million Redeployment Investment for Mr. C Residences in Coconut Grove, Florida

CanAm Capital Partners Provides $10M in Mezzanine Loan Financing for Port St. Lucie Independent Living Facility Development

NEW YORK, NY – CanAm Enterprises is pleased to announce that its private equity affiliate, CanAm Capital Partners (CACP), has closed on its latest real estate investment in Florida. CACP has funded a $10 million mezzanine loan to an affiliate of Lloyd Jones, LLC for the construction of a 159-unit, highly-amenitized active adult and independent rental community development … Continue reading CanAm Capital Partners Provides $10M in Mezzanine Loan Financing for Port St. Lucie Independent Living Facility Development

FATCA and FBAR: Understanding U.S. tax reporting on foreign accounts

Government efforts to crackdown on offshore tax evasion has resulted in more paperwork and tax filings for American citizens and green card holders who maintain foreign financial accounts.   FBAR has been in place since the 1970s. It is basically a form requiring individuals to self-report financial assets held in foreign bank and foreign investment … Continue reading FATCA and FBAR: Understanding U.S. tax reporting on foreign accounts

CanAm Capital Partners Closes on $2.5 Million Preferred Equity Investment in Coordination with an affiliate of Keystone Property Group for an Office Property in Bala Cynwyd, PA

NEW YORK, NY – CanAm Enterprises (CanAm) is pleased to announce that on June 9, 2021, its private equity affiliate, CanAm Capital Partners (CACP), closed on its latest real estate investment, a $2.5 million preferred equity investment in the redevelopment of a 12-story office building, One Belmont Plaza, located in Bala Cynwyd, Pennsylvania, just outside of Philadelphia.  The … Continue reading CanAm Capital Partners Closes on $2.5 Million Preferred Equity Investment in Coordination with an affiliate of Keystone Property Group for an Office Property in Bala Cynwyd, PA