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Sign in Sign up for a FREE subscriptionEast West Partners secures $72m construction financing for luxury residences in Colorado
East West Partners has secured a $72.36 million construction loan for The Amble, a 42-unit, luxury residential project to be located at the base of Steamboat Springs Ski Resort in Steamboat Springs, Colo.
JLL worked on behalf of the borrower to secure the construction loan through a regional bank.
Due for completion in spring 2026, The Amble will set a new standard for luxury and sustainability at a world-class ski resort that hasn’t seen any new condo units delivered in 15 years. The property will consist of one five-story residential building housing the 42 units, 6,500 square feet of amenity space and 42 parking spaces. Building amenities include an outdoor pool and spa, fitness room, centralized lawn, lounge and game room, and ski lockers. The Amble is aimed at owners that desire a premium product with a service level that can be catered to the individual. In addition, The Amble will be entirely electric and designed to be net zero operating carbon through the ut