Marriott Park City

Location: Park City, UT
Type: Hospitality
Price: $21,900,000

SMC has provided a $21,900,000 ten-year fixed rate mortgage for the acquisition of Marriott Park City, a 199 room full-service hotel located in Park City, UT. The improvements consist of one 4-story building with approximately 13,700 SF of meeting and function space, indoor restaurant, indoor pool & spa, business center, fitness center, game room, lobby bar, ski shop and a Starbuck’s café. The Property is located in the heart of Park City, a year-round resort destination known for its two world renowned ski resorts: Park City Mountain Resort & Canyons Ski Resort (the largest ski resort in the United States and the second largest in North America) and Deer Valley Resort.