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Newly Redeveloped Clayton Members Club & Hotel Refinanced

BMC Investments has closed on a $37 million loan from private investment firm Rockbridge, for the refinancing of the newly redeveloped Clayton Members Club & Hotel, a 63-key boutique hotel with seven bars and restaurants, meeting space, and a members’ club located in the heart of Cherry Creek North.

Clayton Members Club & Hotel has quickly emerged as the city’s go-to destination for lodging, business, social, leisure, dining, art and culture. Clayton’s appeal is largely rooted in the art of putting guests and members first – through curated experiences and crafted design. Orchestrated by Aparium Hotel Group, a pioneer in the lifestyle hospitality realm, the Clayton is run side-by-side as both a membership club and hotel, while the ground floor food and beverage options are open to the public, most club facilities and dining outlets are reserved for the exclusive use of members and hotel guests. Clayton draws largely on a growing local community of creative, social, and business leaders seeking an authentic and dynamic environment with amenities and services not previously available in the Denver market. The concept has proven successful with more members than initially anticipated and a growing waiting list.

The refinancing was arranged by the Newmark team, led by Dustin Stolly and Jordan Roeschlaub, vice chairmen and co-heads of the New York Debt & Structured Finance team, along with Senior Managing Directors Nick Scribani and Chris Kramer as well as Ben Kroll.

“The Clayton is just the latest example of the BMC team’s expert ability to identify the gaps in the Denver market and deliver unparalleled real estate projects that not only perform financially but enhance the entire community,” Stolly commented.

Roeschlaub added, “The BMC team and their partners did an outstanding job redeveloping and thoughtfully repositioning this asset. In collaboration with Aparium Hotel Group and CHMWarnick, world-class operating and asset management firms, they have created a one-of-a-kind product that will truly be the jewel of Cherry Creek for years to come.”

BMC is a highly disciplined, vertically integrated real estate investment firm generating industry-leading returns through the acquisition, development, and management of various property types throughout the U.S. BMC focuses its investment strategy on creating long-term value in its assets and generating strong risk-adjusted returns for its investors, which include leading institutions and prominent Ultra High Net Worth individuals and families.

Rockbridge, a private investment firm with more than 22-years in business, has been investing in and building brands since 1999. The business has made over 280 real estate and hospitality investments in 38 states worth over $9.7 billion in total capitalization and has over $2.7 billion in assets under management. Rockbridge has built a family of hospitality, development, and management company brands, and its continued success is a result of its core Rocks: Relevance, Relationships, Resilience, and Responsibility.

 

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