Viewline Resort (Snowmass Village, Colorado) – Asset Sale

Viewline Resort Snowmass
  • Property consists of two ski on/ski off hotels, the Westin Snowmass(254 keys) and Wildwood Inn(154 keys) in Snowmass Village, Colorado
  • Aspen/Snowmass is one of the premier mountain destinations both internationally and in the United States.
  • Sponsor had secured the deal and had $40M renovation in mind with plans to convert to more upscale Autograph Collection brand.
  • Owner wanted to bring in a 90% LP to fully capitalize the transaction.
  • RCP brought in both LP and local Co-GP that was able to add value as a local development/investment firm.