The Beyond Hotel at the American Dream

Steve Michels | (212) 841-7782  | stephen.michels@cushwake.com

Steven Vazquez | (212) 698-5562 | steven.vazquez@cushwake.com  

Jared Kelso | (212) 841-9205 | jared.kelso@cushwake.com  

Steve Kohn | (212) 841-9216 | steven.kohn@cushwake.com  

John Alascio | (212) 841-9238 | john.alascio@cushwake.com  

Jacob Frisch | (212) 841-9205 | jacob.frisch@cushwake.com 

THE BEYOND HOTEL AT THE AMERICAN DREAM MEADOWLANDS – INVESTMENT OPPORTUNITY

Cushman & Wakefield has been exclusively retained by Chafia Capital Partners LLC and Shaner Hotel Group to arrange up to $85.0 million of LP Equity for the $257 million ($482,000 per key) construction of the Beyond Hotel at the American Dream Meadowlands (the “Property” or “Asset”). This Project provides investors with the unique opportunity to participate in the most exciting hotel development project in the New York Tri-State region, and the only hotel attached to the American Dream complex, the second largest retail & entertainment complex in the United States.

American Dream is one of the most dynamic mixed-use projects in the world, and the newest entertainment and amenity driven retail complex in the United States that combines the best of global retail, premier indoor attractions, destination dining, the arts, and entertainment. The landmark complex totals more than 3 million square feet that is comprised of 50% retail and 50% entertainment creating an emerging global business and vacation destination with 40+ million annual projected visitors, of which tourism accounts for over 50%. 

The proposed 26-story Property will be the centerpiece of the American Dream and the only hotel in the entire Meadowlands complex. Directly connected to the main entrance of American Dream and the luxury retail wing of the complex, the Property will be a dual-branded Marriott-affiliated Hotel comprised of a 242 room Autograph and a 291 room AC hotel, two of the industry’s most highly desired upscale boutique brands. The Property will also feature 27,700 square feet of flexible meeting space, expansive public and common areas, 500+ dedicated parking spaces with valet parking, a state-of the-art fitness center, and numerous destination food and beverage outlets, highlighted by an expansive rooftop bar with unparalleled views of the NYC skyline.

The Beyond Hotel at the American Dream offers investors a rare opportunity to be part of a trophy Hotel asset within an iconic, one-of-a-kind destination and game-changing development poised to be a global landmark for the State of New Jersey and the surrounding New York Metropolitan area.

INVESTMENT HIGHLIGHTS

Property Highlights:

• Only Hotel in the Meadowlands Sports and Entertainment Complex and within walking distance to MetLife Stadium
• Premium dual-branded Marriott Hotel directly connected to the main entrance of the American Dream retail and entertainment complex
• Newest guestroom product in a dramatically under-served New Jersey market consisting primarily of 1980's vintage hotels
• 26-story Hotel that will transform the New Jersey skyline and feature unmatched visibility as the tallest structure within the entertainment complex
• Attractive non-union operating structure
• Scheduled to open in advance of the 2026 World Cup, which New York & New Jersey promise to equal "eight Super Bowls'
• Attractive investment metrics projected to achieve an 11% yield-on-cost, 3.5+ equity multiple, and a 30%+ IRR 

American Dream Highlights:

• Second largest retail & entertainment complex in the United States
• $5 billion project spanning 3.0 million square feet
• Adjacent to MetLife Stadium, the top grossing stadium in the world that attracts over 3.0 million visitors annually 
• Home to over 450 retail stores and 75+ dining destinations, the most dining options of any retail center in the US
• Consisting of 25+ attractions including the DreamWorks Waterpark, Nickelodeon Theme Park, the first indoor ski park in North America, Legoland Discovery Center, an aquarium, and over 500 events annually
• The American Dream retail and entertainment complex is conservatively projected to host 40-50 million annual visitors, equivalent to the highly successful Mall of America in Bloomington  

Visibility, Traffic, and Area Demographic Highlights:

• Located only 4.5 miles from Manhattan
• The 50 mile radius surrounding the American Dream, one of the most densely populated regions is the US, is home to 20+ million people
• The tri-state NY Metro area is #1 in the US for annual consumer spending
• Over 100 million vehicles pass the Hotel site annually
• Prime location and unmatched accessibility to various high-density hubs via major highways and other transportation modes