Funding

Funding Needed
$23 (Mio)
EB5 Funding
$17.5 (Mio)
EB-5 Investors
35
Investment Amount
$500,000

Jobs

Category
Accommodation and Food Services
Sub-Category
Hotels (except Casino Hotels) and Motels

Location

State
Vermont
Location
830 Jay Peak Road, Jay, Vermont 05859

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Last Update: December 09, 2016 12:05 AM

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Jay Peak Resort - Tram Haus Lodge


Project Description

The Tram Haus Lodge was Jay Peak's first EB-5 project.  35 investors were welcomed to the project in 2007 with $17.5 million raised and invested into the facility.  It opened in December 2009.  57 one, two and three bedroom suites made up the partner's equity and were fully owned by the partners.  Also within the facility is a restaurant, après ski bar, coffee shop and day spa.  Over 225 guests can be accommodated in the suites of the Tram Haus Lodge.  It is a beautiful 4-Star lodge located a few feet from four Jay Peak ski lifts and is adjoined with the 60 person Aerial Tramway that takes skiers and sightseer's to the 4,000 foot summit of Jay Peak.

All 35 investors have been approved at the I-526 level and all 35 have had conditions removed at the I-829 level. We have now bought back the hotel from the investors and they are having their initial $500,000 investment returned to them.

Project Timeline

Project opened in December 2009.
Project completed.
Investors will be paid back their full investment plus 10%, last payment is January 2018.

News & Updates

Goldberg seeks to quiz lawyers over alleged fraudulent sale of Jay Peak
November 29, 2019
Vermont’s appeal over visa center at heart of EB-5 fraud denied
October 02, 2019
Alterra Mountain Co. eyes Jay Peak, Vail takes a pass
September 12, 2019
Vail showing no interest, but competitors eye Jay Peak as sale process presses on
September 06, 2019
Jay Peak receiver Goldberg suing Quiros law firm
May 28, 2019
Jay Peak receiver argues Saint Saveur Valley Resorts owes $80M in EB-5 fraud
March 11, 2019
The Latest EB-5 Dilemma
October 23, 2018
Receiver plans to sell Jay Peak by next summer, hits brake on Burke sale
August 13, 2018
Lawyer: Ex-Jay Peak owner penned self-serving letter before fraudulent sale
August 09, 2018
The promise of millions EB-5 brought to Vermont is dead, 200 investors at risk
July 17, 2018
Jay Peak investors sue two Vermont attorneys
June 29, 2018
Receiver presses case against former Canadian owners of Jay Peak
June 10, 2018
Miami Judge Tosses Class Action Against Ex-Ski Resort Owner
May 18, 2018
EB-5 Investor Lawsuit Against Vermont State Officials Dismissed
April 20, 2018
Shumlin stayed at Quiros’ Fifth Avenue pad
March 18, 2018
Vermont AG files motion to dismiss EB-5 claims against state defendants
October 10, 2017
EB-5 investors: Don’t toss case against ex-Jay Peak owner
September 21, 2017
Jay Peak investor sues immigration attorney
September 07, 2017
Feds Say Inadequate State Oversight 'Allowed' Alleged EB-5 Fraud To Flourish
August 23, 2017
USCIS intends to shutter Vermont EB-5 program
August 21, 2017
Judge quashes whistleblower deposition in EB-5 investor case against state
August 06, 2017
Nearly $150M Settlement In Fraud Case On Track For Final Ok After No Objections
June 05, 2017
Sec Seeks To Depose Canadian Executives Over Jay Peak Sale
May 07, 2017
Jay Peak Receiver Asks Town Board To Waive $164,159 Tax Penalty
May 05, 2017
Court Oks Proposed $150M Settlement With Raymond James
April 21, 2017
Jay Peak's Former Parent Company Is Named In New EB-5 Lawsuit
April 11, 2017
Jay Peak EB-5 Investors Sue Saint Sauveur Valley Resorts
April 10, 2017
Bill Schubart: Vermont's Ethics Crisis
April 02, 2017
Governor Scott has plan to expedite disclosure of EB-5 records
March 13, 2017
Unsealed Douglas Documents Show Belief In Stenger's Vision
January 15, 2017
U.S. Ski Team affiliation a boon for Burke Mountain community
January 11, 2017
EB-5 INVESTORS SEEK CLASS-ACTION CERTIFICATION
January 04, 2017
UNPAID BILLS PROVE HARDSHIP FOR CONTRACTORS IN NORTHEAST KINGDOM EB-5 PROJECTS
December 30, 2016
Fast melting ice prompts tram cable fix jay peak
December 08, 2016
Vermont’s $200 million mountain of trouble
December 07, 2016
Jay peak loses $6.5 million going ski season
November 29, 2016
Judge: Jay Peak developer was architect of fraud
November 23, 2016
State releases redacted EB-5 documents vtdigger fights
November 21, 2016
Peoples united bank investors square off EB-5 claims
November 19, 2016
Quiros wants EB-5 class action lawsuit dismissed
November 01, 2016
Jay Peak Resort Delinquent Property Taxes
October 26, 2016
EB-5 and skiing in Vermont’s Northeast Kingdom: The monumental scandal won’t deter the zealous skiers of the Green Mountain State
October 19, 2016
An Immigrant-Funded Biotech Center in Rural Vermont? What Could Go Wrong?
September 29, 2016
Donors With EB-5 Ties Gave To Leahy As Probe Ramped Up
September 22, 2016
State Officials Investigated Jay Peak Investors' EB-5 Concerns, But Didn't Inform Them
September 08, 2016
Meet The London Car Dealer Who Broke The Jay Peak EB-5 Fraud Case
September 07, 2016
EB-5 Investor Says Jay Peak Developers Double-Sold Hotel Jay
August 29, 2016
EB-5 Fallout: Florida Firm Offers $93 Million for Jay Peak
August 26, 2016
Judge OKs $1.5M Loan To Vermont Ski Resorts' Receiver
August 10, 2016
Receiver Seeks Short Term Loan For Jay Peak Operations
August 08, 2016
Documents Suggest State Ignored Warnings About Jay Peak In 2012
July 25, 2016
Deposition Outlines Alleged EB-5 Fraud
July 19, 2016
Quiros Asks Vermont Judge To Dismiss EB-5 Fraud Case
July 11, 2016
Jay Peak EB-5 Lawsuit Receiver's website
June 30, 2016
Updated: Raymond James Settles With State For $5.95M In EB-5 Case
June 30, 2016
Jay Peak Tram Running As Summer Begins
June 28, 2016
Jay Peak opens aerial tram
June 27, 2016
Jay Peak tram allowed to reopen, closes out Porsche Parade
June 27, 2016
Jay Peak Reopens Tram
June 26, 2016
Report On Jay Peak Tram To Be Released This Week
June 19, 2016
Jay Peak Tram Undergoes Initial Inspection
June 17, 2016
SEC: Quiros Potentially Liable For $191.8 Million in ‘ILL-GOTTEN GAINS’
May 31, 2016
Jay Peak's tram can't run before $4.5M upgrades
May 28, 2016
SEC Receiver Sues Financial Firm Quiros Used For Investor Funds
May 26, 2016
Jay Peak's Tram Needs $4.5M Worth of Upgrades
May 24, 2016
SEC Receiver: ‘It’s Time To Remedy Wrongs'
May 11, 2016
Anc Bio Investor Sues Raymond James
May 10, 2016
Red flags preceded fraud allegations at Jay Peak Resort
April 21, 2016
Jay Peak Resort Visit - Behar Law Firm
April 20, 2016
EB-5 immigrant investor program hit by massive fraud investigation
April 15, 2016
Does the EB-5 visa program take advantage of investors?
December 11, 2015
Developer defends Vermont EB-5 projects
September 04, 2015
Jay Peak fails to meet water quality targets in settlement with state, Environment Group
August 19, 2015
STATE REGULATOR GIVES DEVELOPERS APPROVAL TO SOLICIT NEW EB-5 INVESTORS FOR Q BURKE
July 21, 2015
Q Burke Hotel gets go-ahead from state
July 17, 2015
WHO ARE THE TRAM HAUS INVESTORS?
October 22, 2014
Stenger pushes on with EB-5 projects despite setback
July 18, 2014
Leahy And Shumlin: Vermont’s DR Power Equipment Is State’s First Manufacturer To Attract Investor Visa Capital
January 18, 2012

News & Updates 78

Court Oks Proposed $150M Settlement With Raymond James
April 21, 2017
Nearly $150M Settlement In Fraud Case On Track For Final Ok After No Objections
June 05, 2017
Jay Peak Resort Visit - Behar Law Firm
April 20, 2016
Jay Peak fails to meet water quality targets in settlement with state, Environment Group
August 19, 2015

Regional Center

Vermont EB5 Regional Center
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