The Viewline Resort and Wildwood Hotel Snowmass receive $99M refi
An affiliate managed by Range Equity Management LP, Lodging Capital Partners and funds managed by Oaktree Capital Management LP originated a $99 million loan secured by the 254-key Viewline Resort and 158-key Wildwood Hotel located mid-mountain in Snowmass, CO. The Ownership group is a partnership between High Street Real Estate Partners, the ACRON Group and RGP Partners. The loan was used to facilitate the refinancing of the properties.
Located in Snowmass Village, the Viewline Resort Snowmass Autograph Collection offers 254 guestrooms including 20 suites, Lupine Spa, a private ski and bike concierge, heated mountainside pool with sundeck and terrace, onsite fitness center and 24,000 sq. ft. of combined special event space at the resort and adjacent Viewline Event Center. Sister property Wildwood Snowmass is steps from Snowmass Village and a recently enhanced cozy-chic and authentic atmosphere.
Bill Hodges, managing partner, High Street, said, “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.”
“We have maintained a long-standing deep relationship with the borrower group and Bill Hodges,” said Andrew Gindy, managing partner, REM. “We are pleased to provide this refinancing solution to ownership.”
The post The Viewline Resort and Wildwood Hotel Snowmass receive $99M refi appeared first on hotelbusiness.com.