CiF receives IIUSA Award

CiF accepts I-829 Recognition Award from IIUSA
Executive Director Mr. Peter Joseph

CiF was recently recognized by IIUSA (the Association to Invest in the USA, the official EB-5 trade group) at the IIUSA’s 4^th Annual EB-5 Market Exchange for receiving approved Investor I-829 petitions from the USCIS. Only once an I-829 petition is approved, can an EB-5 Investor receive a permanent US Green Card; one of the primary reasons investors pursue an EB-5 investment.

CiF has $200 million under management

CiF is pleased to announce that we now have more than $200 million in EB-5 investment capital under management.

CiF wins the 2014 CDFA Excellence Award

Cleveland International Fund is honored to share that we are one of the winners of the CDFA Ohio Financing Roundtable Excellence Awards!

CiF @ Ruth Ratner Miller Awards Luncheon

CiF staff at the luncheon

The CiF team attended the Ruth Ratner Miller Awards Luncheon, hosted earlier this October by the Downtown Cleveland Alliance. Held in the ballroom of the Cleveland Convention Center, the luncheon celebrated several Downtown Cleveland development projects and honored Dr. Ronald Berkman, the President of Cleveland State University, for his positive contributions to the University and to the broader Downtown Cleveland community.

CiF’s first EB-5 Investors are issued their Permanent US Green Cards

Over the past several months, EB-5 Investors participating in CiF’s Flats East Bank Phase I Project have begun to receive their Permanent US Green Cards. The USCIS has started to approve Flats Phase I Investors’ I-829 petitions, thereby granting these Investors and their families permanent US residency.

CiF @ Westin Hotel Ribbon Cutting Ceremony

Westin Hotel
Ribbon Cutting Ceremony

CiF executives and staff were pleased to attend the ribbon-cutting and opening ceremony for Cleveland’s newest luxury hotel. The Westin Cleveland Downtown Hotel, located a block from the new Cleveland Convention Center and Global Center for Health Innovation, offers guests a relaxing and refined environment in which to rest and recharge.

CiF @ the 7th Annual EB-5 Regional Economic Development Advocacy Conference

EB-5 Program Director
Mr. Nicholas Colucci

Last week, the CiF Executive Staff traveled to Washington D.C. to participate in the 7^th Annual EB-5 Regional Economic Development Advocacy Conference, hosted by the EB-5 trade group Association to Invest in USA (IIUSA).

CiF @ Dazzle the District

Source: Play House Square

Last Friday night, CiF staff and their guests had a front-row seat to Playhouse Square’s Dazzle the District event! Some 19,000 people crowded the streets directly outside of CiF’s Cleveland offices to celebrate the completion of a massive, new outdoor chandelier and other aesthetic streetscaping improvements.

CiF & Congressman Jim Renacci tour real estate projects in Cleveland

Mr. Jim Krivanek discusses
leasing and tenant progress at the site
of a new project with Congressman Renacci

Last week, members of CiF’s executive staff and representatives from both the Cleveland Development Advisors and the Greater Cleveland Partnership met with Congressman Jim Renacci to tour Cleveland area real estate projects that received funding from the EB-5 program and/or the New Market Tax Credit program.

Congressman Renacci met with project developers and was able to get a behind-the-scenes look at some of Cleveland’s ongoing real estate projects.

Both the EB-5 and the New Market Tax Credit programs allow local projects to secure the funding necessary to bring developments online and create new jobs for the region. CiF is excited to be a part of the region’s continuing economic growth.

CiF tours Westin Hotel

Westin Hotel - CiF Project Tour
April 15, 2014

Scheduled to open in May 2014, construction is nearly complete at Downtown Cleveland’s newest hotel.

The state-of-the-art Westin Hotel provides travelers with superbly comfortable rooms, offers amenities such as the locally sourced Urban Farmer restaurant, and has a flexible 9,000 square foot conference space ideal for corporate meetings, weddings, and other large social gatherings.

CiF @ Invest in America Summit and Exhibition in Shanghai, China

CiF staff has recently returned from a major EB-5 tradeshow held in Shanghai, China. The fourth annual Invest in America Summit and Exhibition was attended by more than 80 exhibitors and provided CiF with direct access to hundreds of potential EB-5 investors.

The weekend long event brought together numerous US based Regional Centers, immigration attorneys, CPAs, and other EB-5 service providers with potential investors from across China. Seminars were held throughout the conference, with topics ranging from choosing EB-5 projects to an introduction to the US tax code.

CiF attends GCP Annual Meeting

The Greater Cleveland Partnership held its Annual Meeting this past week in the ballroom of Cleveland’s new Downtown Convention Center. With a packed house and dramatic accompanying videos, several speakers - including GCP CEO Mr. Joe Roman, KeyCorp CEO Ms. Beth Mooney, and the Governor of Ohio Mr. John Kasich – highlighted regional economic successes that GCP has been a part of over the past 10 years.

Created in 2004, the Greater Cleveland Partnership has been Cleveland’s Chamber of Commerce with a mission to invigorate Northeast Ohio’s regional economy. Now, ten years later, there is more than $18 billion in public and private sector capital investment that was either recently completed or currently underway.