Newmark Group has arranged a $482.5 million loan on behalf of Stockman Development, led by Marquee Development, to advance The Stockman, Auberge Collection, an ultra-luxury ski-in, ski-out resort that recently broke ground in Steamboat Springs, Colo.
The financing was provided by GoldenTree Asset Management, a global, employee-owned asset management firm with approximately $70 billion in assets under management.
The Stockman will comprise 95 luxury-branded residences and a 59-key hotel operated under the Auberge Resorts Collection. OZ Architecture is leading the building design, with interiors by Nunzio Marc DeSantis Architects. Berkshire Hathaway is leading residential sales efforts.
Located at the base of Steamboat Ski Resort, the project will provide direct access to Steamboat’s year-round recreational offerings, including skiing, hiking, mountain biking and fishing.
The development represents the next phase of Alterra Mountain Co.’s investment in
