Thursday, September 19, 2013

Flats East Bank Phase 1 - Fully Funded


Flats East Bank Phase 1 - CiF Project Fully Funded

Cleveland International Fund is pleased to announce that we have completely funded the $45 million USD EB-5 loan to the Flats East Bank project. Located in downtown Cleveland, the first phase of the Flats East Bank consists of building a new Aloft Hotel, attached retail space, and the 22-story Ernst & Young Office Tower.


The 90 EB-5 investors that participated in CiF’s Flats East Bank Project have all been approved by the USCIS.

CiF was designated by the USCIS to operate as an EB-5 Regional Center in 2010.