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Melvilles buy Snowmass lodge after Challenge Aspen backs out of deal Snowmass Mountain Chalet residents sit on the deck of the ski-in, ski-out lodge in Snowmass Village on Wednesday, March 5, 2021. (Photo by Kelsey Brunner) The Melville family didn’t distance themselves from ownership of a local mountainside chalet for too long. On Tuesday, a limited liability company controlled by Craig Melville acquired Snowmass Mountain Chalet for $10.5 million in a deal culminating after the nonprofit Challenge Aspen withdrew interest in buying the lodge. Sales records at the Pitkin County Clerk & Recorder’s Office identify the buyer as Mountain Chalet Snowmass LLC and the seller as CA Loan I LLC. ....
Westin, Wildwood to host last guests this week before renovations begin aspentimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aspentimes.com Daily Mail and Mail on Sunday newspapers.
Snowmass Village’s fiscally conservative approach to pandemic budgeting was so successful that the town exceeded pre-pandemic expectations by more than $13 million. ....
This graph from the city s Finance Department shows real estate transfer collections benefitting the housing program Real estate transfer tax collections for the city s Wheeler Opera House are shown here from 2014 through 2019. Free-market and commercial property sales totaling $1.8 billion within Aspen city limits last year resulted in $17.6 million in real estate sales tax collections for the city’s housing program and another $9.5 million for its downtown performing-arts venue. Those record-setting figures came from the city Finance Department’s latest monthly tax report, issued Friday, and represented a majority chunk of the more than $3 billion in total sales volume recorded in Pitkin County in 2020. Last year’s record-breaking dollar volume included all sales agriculture, commercial and residential, among other types of property transfers and transactions. ....
Price: $70 million Date recorded: Dec. 16 Buyer: Snowmass Resort LLC (a joint venture comprising Aspen-based RGP Partners, Atlanta-based High Street Real Estate Partners, and Zurich-based ACRON Group) Seller: Silvertree Propco (an affiliate of Starwood Capital Group, headquartered in Connecticut). Address: 100 Elbert Lane (Westin Snowmass Resort and Snowmass Conference Center); 40 Elbert Lane (Wildwood Snowmass) Property type: Lodging and commercial Year built: Westin built as the Silvertree Hotel in 1967, most recently remodeled in 2013; Wildwood Snowmass originally built in 1967, remodeled in 2000; conference center built in 1984 and remodeled in 2000. Total heated area: 374,587 square feet Assessor’s office actual value: $57.7 million (all properties, including ancillary) Assessor’s office assessed value: $18.4 million ....