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Newmark arranges $482.5M loan for luxury ski resort development in Steamboat Springs, Colorado

Company Fundamentals
23 Sep 2026
PRNewsWire
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Bullish
Newmark arranges $482.5M loan for luxury ski resort development in Steamboat Springs, Colorado

Newmark Group secured a $482.5 million loan from GoldenTree Asset Management for Stockman Development LLC to build The Stockman, an ultra-luxury ski-in, ski-out resort in Steamboat Springs, Colorado. The resort will feature 95 luxury residences and a 59-key hotel under the Auberge Resorts Collection, with extensive amenities and direct mountain access. This development is part of Alterra's ongoing $250 million investment to enhance Steamboat as a year-round destination. The project highlights growing demand for high-end recreational properties in prime ski locations.

Newmark's $482.5 million financing for The Stockman project in Steamboat Springs, CO, provides context for real estate market activity. For readers following real estate, here is Pluang's market snapshot as of Sep 24, 2026 01:32 WIB: out of 26 priced US real estate stocks, only 2 rose while 23 fell. Notable movers include ARR at USD 14.70 with a -1.97% change and a typical hold time of 137 days, EQIX at USD 1,038.83 down -1.93% but with 100% buy order activity, and IRM at USD 115.95 down -1.85% with a typical hold time of 79 days.

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