- Funding Needed
- $5.5 (Mio)
- EB5 Funding
- $5.5 (Mio)
- EB-5 Investors
- 11
- Investment Amount
- $500,000
- Job Creation per Investor
- 10.0
- Job Creation (Total)
- 110
- Category
- Accommodation and Food Services
- Sub-Category
- Hotels (except Casino Hotels) and Motels
- State
- California
- Location
- Scotts Valley
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- Last Update: February 03, 2016 01:45 AM
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Lexington Hotel
- Developer Name
- Merced Hospitality. Inc.
Project Description
Merced Hospitality. Inc. dba Lexington Hotel Scotts Valley is a part of the highly esteemed Lexington by Vantage luxury hotel franchise located in Scotss Valley, California. Merced Hospitality, Inc. is owned and operated by Anatol Shliapnikoff, a hospitality industry expert with more than forty years of experience successfully building and managing a wide selection of hotels.
Merced Hospitality. Inc. will use the funds to construct and operate a full- service 128-room hotel, with a breakfast dining area, an exterior courtyard, 1,400 square feet of meeting rooms, a pool, a whirlpool, and other ancillary facilities.
USEDLC approved and funded the loan for Lexington Hotel Scotts Valley in September 2014.
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