#United States #Viewline Resort #Wildwood Hotel #Snowmass #Snowmass, Colorado

Financing for Snowmass Resorts

In a significant financial maneuver, Range Equity Management, L.P. (REM), in collaboration with Lodging Capital Partners (LCP) and funds managed by Oaktree Capital Management, has successfully arranged a substantial loan amounting to $99 million. This financial package is specifically designated for the refinancing of two premier properties: the Viewline Resort and the Wildwood Hotel, located in the heart of Snowmass, Colorado.

Located mid-mountain, the Viewline Resort impressively features 254 guest rooms, including 20 luxurious suites, complemented by the Lupine Spa, a private ski and bike concierge, and a heated mountainside pool complete with a sun deck. This property also boasts state-of-the-art facilities with a combined 24,000 square feet of event space, making it an ideal destination for both families and corporate gatherings. The Wildwood Hotel, nearby, offers a cozy-chic ambiance and is strategically positioned just steps away from Snowmass Village, enhancing the overall allure of this prime location.

Andrew Gindy, managing partner at REM, expressed confidence in the partnership, stating, "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." This sentiment was echoed by Bill Hodges of High Street, who noted that this refinancing strategy is a solid foundation to enhance these properties further as sought-after destinations in the Aspen-Snowmass market.

Both properties, under the ownership collaboration of High Street Real Estate Partners, the ACRON Group, and RGP Partners, aim to not only reach but exceed expectations for luxury and comfort in the competitive resort market.

Key Features of the Properties

• - Viewline Resort:

- Accommodations: 254 guest rooms, including 20 suites
- Facilities: Lupine Spa, fitness center, and an expansive event center
- Unique Offerings: Ski-in/ski-out access and heated mountainside pool

• - Wildwood Hotel:

- Atmosphere: Cozy-chic decor with a focus on comfort and relaxation
- Location: Close proximity to Snowmass Village, enhancing accessibility to local attractions

About the Financing Entities

• - Range Equity Management: A private investment firm focused on operational real estate opportunities, REM has quickly established itself since its inception in 2024. It aims to create value through strategic investments across various property types, including lodging and retail.
• - Lodging Capital Partners: Established in 2005, LCP specializes in luxury and upscale hotel management, holding a diverse portfolio valued at over $1.5 billion.
• - Oaktree Capital Management: Recognized as a leader in alternative investments, Oaktree boasts a comprehensive approach to managing assets amounting to $205 billion.

Owner Profiles

• - High Street Real Estate Partners: With over $1 billion in assets under management, this firm focuses on developing high-quality properties in growth markets.
• - ACRON Group: Established in 1981, ACRON brings extensive global expertise with a focus on premier assets in safe markets.
• - RGP Partners: Founded in 2019, this firm specializes in diverse real estate investments while maintaining a commitment to community enhancement.

As the Snowmass region continues to expand and attract visitors year-round, this robust financial backing for the Viewline Resort and Wildwood Hotel positions them well to remain competitive and appealing in a rapidly evolving market.