- Funding Needed
- $23 (Mio)
- EB5 Funding
- $17.5 (Mio)
- EB-5 Investors
- Investment Amount
- Accommodation and Food Services
- Hotels (except Casino Hotels) and Motels
- 830 Jay Peak Road, Jay, Vermont 05859
- Last Update: December 09, 2016 12:05 AM
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Jay Peak Resort - Tram Haus Lodge
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 opened in December 2009.
Investors will be paid back their full investment plus 10%, last payment is January 2018.
News & Updates
News & Updates 78
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