financeLodging Magazine··1 min·For: Owner, Investor, GM
Newmark Secures $482.5M Loan for Steamboat Auberge Resort
Newmark has arranged a $482.5 million loan to advance construction on The Stockman, Auberge Resorts Collection, an ultra-luxury ski-in, ski-out resort in Steamboat Springs, Colorado. Financed by GoldenTree Asset Management, the development will feature 95 branded residences and a 59-key hotel.
Key Takeaways
- 1Newmark arranged $482.5M in construction financing from GoldenTree Asset Management for Stockman Development LLC.
- 2The project includes a 59-key luxury hotel operated by Auberge Resorts Collection alongside 95 branded residences.
- 3The property marks one of Steamboat Springs' first major luxury ski-in, ski-out developments, featuring full-service wellness and F&B amenities.
Source: Lodging Magazine
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