PARK CITY, Utah—CooperWynn Capital introduced it has organized the $19.5 million floating charge non-recourse mortgage with Formida Capital for the Wylder Windham Resort, positioned in Windham, New York.
Constructed over 140 years in the past, Wylder Inns acquired the property in 2021, accomplished a full renovation, and reopened it in October 2022. The property affords visitors seven completely different lodging experiences. From Victorian buildings to historic lodges, the 110 guestroom property has a heated outside pool and scorching tub, pickleball courts, a health heart, two on-site meals and beverage shops, and a number of indoor and outside occasion areas for company conferences or life-style occasions.
“CooperWynn did an excellent job advising us by way of the method and had been a pleasure to collaborate with,” mentioned John Flannigan, founder and CEO, Wylder Inns.
“The power of our community allowed us to associate with Formida Capital on their first hospitality mortgage, closing in underneath 30 days,” mentioned Stan Kozlowski, principal, CooperWynn Capital. “The Windham Wylder Resort is a property with a compelling historical past and super potential. Possession lately accomplished a complete renovation technique to elevate the asset, enhancing visitor expertise and the worth of the resort.”
Positioned two-and-a-half hours north of New York Metropolis, the Windham Wylder Resort is close to the Batavia Kill River and affords views of Windham Mountain.
