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.
PMG secured $107.5 million in construction financing for Waldorf Astoria Residences Denver Cherry Creek in Colorado. Maxim Capital Group provided financing. The transaction was led by PMG’s Capital Markets team, composed of Andrew Warman, Jonathan Blank, and Paton Marion, in coordination with in-house counsel Lowell Plotkin, Lindsay Davis, and Scott Buscemi.
Concept design for the property is led by Shears Adkins Rockmore (SAR+) in collaboration with Carlos Ott.
Waldorf Astoria Residences Denver Cherry Creek will consist of fully finished luxury residences ranging from 690 square feet to 3,879 square feet. The residences feature mountain and downtown views and private balconies.
Amenities will include a Peacock Alley-inspired lounge, a signature restaurant, a rooftop pool with bar and lounge areas, a wellness center with massage, saunas, and steam rooms, and a fitness studio.