Press

The Kindred Resort in Keystone, Colorado Closes $232.5 Million of Total Construction Financing

Hotel News SourceAugust 29th, 2022 Concord Summit Capital, LLC arranged $232.5 million of total construction financing for the Kindred Resort, a mixed-use development directly adjacent to the Keystone Ski Mountain River Run Gondola. Concord Summit sourced a $140 million senior construction loan, $55.47 million in CPACE financing, and a commitment for $30 million of preferred […]

The Kindred Resort in Keystone, Colorado Closes $232.5 Million of Total Construction Financing Read More »

Vail to invest $320M in capital improvements, largest outlay in company history

As part of its 2022 preliminary budgeting process, Vail Resorts Inc. (NYSE: MTN) said this week it plans to invest a record $320 million in capital improvements next year. Systemwide, these improvements, called the Epic Lift Upgrade, will include 19 new chairlifts, including 12 high-speed lifts, a new eight-person high-speed gondola and six new fixed-grip

Vail to invest $320M in capital improvements, largest outlay in company history Read More »

PCL Construction Awarded Luxury Mountain Resort in Keystone

Denver, CO (May 21, 2021) PCL Construction Services, Inc. in Denver is awarded the $140 million Kindred Resort at Keystone, an industry leading, luxury ski in/ski out mountain resort just steps away from River Run Gondola. As Keystone’s first new major development in 20 years, the resort will offer visitors and skiers a state-of-the-art hotel,

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