Wien & Malkin Strategic Capital II & IV (WMSC) recently funded a preferred equity investment in the development of a Four Seasons Resort in Vail, CO. The resort will include a 121-room Four Seasons hotel, 16 whole-ownership condominium units and 19 fractional units to be sold in 1/12th shares. The site is located in Vail Village, CO.

The funds supplement a new construction loan and mezzanine construction loan The sponsor will pay WMSC a current preferred return and a look back to a fixed IRR enabling sponsor to fully maximize upside potential without dilution.

WMSC recognized a time sensitive opportunity and moved quickly to closure in a highly structured and complex development transaction. The whole ownership units are 50% pre-sold.

WMSC thanks Thomas X. Flaherty of VAI Inc. who acted as the broker for this transaction.