Funding Needed
$2 (Mio)
EB5 Funding
$2 (Mio)
EB-5 Investors
Investment Amount


Job Creation per Investor
Job Creation (Total)
Accommodation and Food Services
Hotels (except Casino Hotels) and Motels


New York
New York


Last Update: February 02, 2016 06:07 AM

Your Project was viewed 19 times (totally).

For the last 7 days 0 times.

Best Western Yankee Stadium Inn

Developer Name
Sita Ram LLC

Project Description

Best Western Yankee Stadium Inn is expected to be the best choice for hotel service in the Bronx area, and as such, will be able to collect a higher rate and achieve a higher accupancy than its competitors. The hotel is projected to achieve approximately 80% average occupancy in the first year, levelling out at above 90% by year 5. Sita Ram LLC will be responsible for the management of the property. It has over 50 years' of experience in purchasing, development and management of hotel properties. 

USEDLC approved and funded the loan for Staybridge Suites in June, 2015.

Project Timeline

The construction timeline is 18 months and it is expected to open in December, 2016. 

Securities Disclaimer

This website is for informational purposes only and does not constitute an offer or solicitation to sell shares or securities. Any such offer or solicitation will be made only by means of an investment's confidential Offering Memorandum and in accordance with the terms of all applicable securities and other laws. This website does not constitute or form part of, and should not be construed as, any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied on in any connection with, any contract or commitment whatsoever. LLC and its affiliates expressly disclaim any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) reliance on any information contained in the website, (ii) any error, omission or inaccuracy in any such information or (iii) any action resulting therefrom.