Holliday Fenoglio Fowler, L.P. (HFF) announces the refinancing of the Amangani Resort, a 40-room, ultra-luxury resort in one of the United States’ premier mountain destinations, Jackson Hole, Wyoming.
The HFF team worked on behalf of the borrower, Canyon Equity, to place the loan with KSL Capital Partners.
Developed in 1998 as the first Aman Resorts hotel built in the U.S. and only one of two Aman Resorts in the United States, Amangani is managed by Amanresorts, one of the world’s most notable luxury brands. The resort, located in Jackson Hole, was designed by world-renowned architect Ed Tuttle to blend into its natural surroundings, sitting atop Gros Ventre Butte and featuring panoramic views of vistas, valleys and meadows with the Grand Tetons serving as the backdrop. Additionally, the hotel is proximate to two of the most famous national parks, Yellowstone and Grand Teton National Parks, in addition to world-renowned ski destinations. The three-story hotel features guest rooms decorated in wood, leather and stone with majestic mountain views; a 115-foot heated infinity pool; luxury spa and fitness center; private event space; the 65-seat Grill and Zinc Bar; guided wilderness tours and access to a private ski lounge offering rental equipment.
The HFF debt placement team representing the borrower included senior managing director and head of HFF’s hotel group Daniel C. Peek, senior directors Scott Wadler and Cyrus Vazifdar and real estate analyst Taylor Golub.
“We were excited to have the opportunity to advise the Canyon team on their refinance of Amangani, one of the world’s premier ultra-luxury resorts,” Wadler said. “The Jackson Hole market and this asset in particular have continued to achieve tremendous growth and increased visitation, despite the market’s high barriers to entry for new hotel supply. Our lender immediately recognized how irreplaceable this property is and why its performance has been so significant as a result.”
About Canyon Equity
The Canyon Group of Companies, headquartered in Larkspur, California, was founded in May 2005 with a goal of acquiring or developing boutique, ultra-luxury branded resorts in unique destinations. With a team of lodging industry veterans with extensive experience in investment banking, development and operations, Canyon has created an incredible portfolio of resorts located in some of the world’s most sought-after destinations, including Amangani, Amangiri in Canyon Point, Utah, and the Four Seasons Resort Rancho Encantado in Santa Fe, New Mexico. In addition to its existing portfolio of ultra-luxury properties, Canyon has several projects in various stages of development, the most notable being the recently commenced development of the Six Senses Resort on the Papagayo Peninsula in Costa Rica
About HFF
HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF). For more information, please visit hfflp.com or follow HFF on Twitter @HFF.
