$108M Financing Secured For Waldorf Astoria Residences In Cherry Creek: The Denver Deal Sheet

Excerpt from the BISNOW website: PMG secured $107.5M in construction financing for Waldorf Astoria Residences Denver Cherry Creek, a 37-unit condo project at 185 N. Steele St. that will mark the Waldorf Astoria brand’s Colorado debut. 

The boutique development will feature fully finished residences ranging from 690 SF to 3,880 SF. Sales are being led by Dawn Raymond of Kentwood Real Estate.

The loan came from Maxim Capital Group. PMG’s Andrew Warman, Jonathan Blank and Paton Marion arranged the financing with support from the company’s in-house legal team. Counsel included Alexandra Lehson of Bilzin Sumberg for PMG, Brownstein Hyatt Farber Schreck on land use and MMPS representing Maxim.

Read the full article here: https://www.bisnow.com/denver/news/capital-markets/waldorf-astoria-cherry-creek-financing-130640