Funding

Funding Needed
$2.5 (Mio)
EB5 Funding
$2.5 (Mio)
EB-5 Investors
5
Investment Amount
$500,000

Jobs

Job Creation per Investor
11.8
Job Creation (Total)
59
Category
Accommodation and Food Services
Sub-Category
Hotels (except Casino Hotels) and Motels

Location

State
Connecticut
Location
Hartford, CT

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Candlewood Suites


Developer Name
CAV, LLC

Project Description

Candlewood Suites in a new development project located in Hartford, CT. It is owned by CAV,LLC, a limited liability company compromised of experienced hotliers, Mr. Ankit Patel and Mr. Vishant Patel. The Candlewood Suites is an extended stay brand of InterContinental Hotels Group ("IHG").

The Candlewood Suites hotel will feature: 81 rooms, a breakfast dining area, meeting space, an indoor pool, a fitness center, a complimentary laundry facility, a 24-hour business center, and complimentary shuttle service.

USEDLC approved and funded the loan for Candlewood Suites in 2015.


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