Lending Portfolio
Transaction Details
What was a 32-room resort (formerly CopperWynd Resort) was expanded, redeveloped, flagged and rebranded into the boutique Adero Resort. The property is now a 177-room luxury resort flagged as part of the Marriott Autograph Collection. Bill Hinz redeveloped the resort. Malcolm Davies, Managing Director at George Smith Partners, sourced the financing for the project.
Deal Basics
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location
Scottsdale, AZ
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loan amount
$56.4 Million
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claim type
1st Lien
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loan type
Construction Loan
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property type
Hotel