This week, developer Property Markets Group (PMG) landed a $107.5 million construction loan for the upcoming ultra-luxury condo project, Waldorf Astoria Residences Denver Cherry Creek.
The Shears Adkins Rockmore-designed project will feature 37 fully finished residences ranging from 1,350 to 4,320 square feet at completion. Located in Denver’s Cherry Creek North neighborhood, the project includes a signature restaurant, a rooftop resort-style pool, a wellness center with massage rooms, sauna, and steam rooms, and a Peacock Alley-inspired lounge. The development aims to deliver a timeless landmark offering world-class luxury.
Andrew Warman, Jonathan Blank, and Paton Marion led PMG’s Capital Markets Team in closing the deal. Dawn Raymond of Kentwood Real Estate is leading sales for this project, with limited inventory remaining.
