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The Denver Deal Sheet

Waldorf Astoria in Cherry Creek Developer PMG Lands $107.5M Construction Loan

Colorado Construction & Design

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.

 

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.

 

Colorado’s first Waldorf Astoria‑branded property in Denver’s Cherry Creek North.

 

Waldorf Astoria Residences Denver Cherry Creek will be built at 185 N Steele St., this exceptional condominium will mark the debut of one of the world’s most iconic hospitality brands, Waldorf Astoria, in the Colorado market. Evoking the pioneering spirit and natural beauty of its captivating mountain backdrop, the boutique property’s 37 luxury residences will offer timeless elegance for every season, becoming a landmark in the charming locale of Cherry Creek North. The ground level will feature the legendary Waldorf Astoria Peacock Alley inspired lounge and a signature restaurant. Dawn Raymond of Kentwood Real Estate is leading sales for this project, which starts at $1.2 Million.

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