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Cleveland International Fund pays $104.5 million back to investors

Cleveland International Fund / Press Release / July 23, 2018

Trust essential to getting investors interested in CiF’s work, says CEO

The Cleveland International Fund (CiF) has successfully paid back $104.5 million to 209 individual investors in CiF’s first two projects: University Hospitals’ system- wide expansion and the first phase of the Flats East Bank development which included the E&Y Tower and an Aloft Hotel.

CiF is a private equity fund, designated as an EB-5 Regional Center by the Federal Government in 2010. The EB-5 program connects foreign investors seeking U.S. residency to qualified job creating projects in the United States.

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2020-01-16T15:15:39-08:00August 2nd, 2018|Categories: Corporate, Press Release|