Friday, December 20, 2024
An affiliate of Range Equity Management, L.P. (REM), Lodging Capital Partners (LCP), and funds managed by Oaktree Capital Management, L.P. (Oaktree) originated a $99 million loan secured by the 254-room Viewline Resort and 158-room Wildwood Hotel in mid-mountain Snowmass, Colorado. The ownership group comprises High Street Real Estate Partners (High Street), the ACRON Group (ACRON), and RGP Partners (RGP). This loan facilitated the refinancing of the properties.
Situated in the heart of Snowmass Village, the Viewline Resort Snowmass Autograph Collection is renowned for its premium ski-in/ski-out access and family-friendly, multi-season appeal. The mid-mountain retreat features 254 guest rooms, including 20 suites, the Lupine Spa, a private ski and bike concierge, a heated mountainside pool with a sundeck and terrace, an onsite fitness center, and 24,000 square feet of event space at the resort and the adjoining Viewline Event Center. Nearby, the Wildwood Snowmass complements the resort with a prime location just steps from Snowmass Village and a cozy-chic atmosphere enhanced by recent updates.
“We have maintained a long-standing deep relationship with the borrower group and Bill Hodges. We are pleased to provide this refinancing solution to ownership,” said Andrew Gindy, Managing Partner with REM.
“This refinancing provides a strong foundation for the ownership group to continue elevating the Properties as a premier resort destination in the Aspen-Snowmass market. Andy and his team have been valued partners for many years, and we’re grateful for their support as we advance our value-creation efforts,” said Bill Hodges, Managing Partner with High Street.
Tags: ACRON Group, Bill Hodges, Colorado, High Street Real Estate Partners, RGP Partners, Snowmass, Snowmass Village, Viewline Event Center, Viewline Resort, Wildwood Hotel
Tuesday, January 21, 2025
Tuesday, January 21, 2025
Tuesday, January 21, 2025
Tuesday, January 21, 2025
Tuesday, January 21, 2025
Tuesday, January 21, 2025
Tuesday, January 21, 2025
Tuesday, January 21, 2025