Bloomberg Article by Natalie Wong - September 24, 2025


JPMorgan Chase & Co. provided a $417 million construction loan for the development of a Four Seasons Resort and Residences just outside of Telluride in Colorado.

The $1 billion project — from real estate development firms Merrimac Ventures and Fort Partners — broke ground with the construction loan as well as additional financing from CanAm Enterprises, according to a statement Wednesday. The project will be the region’s first luxury residential or hotel development in more than 15 years, the firms said.

The development sits on a 4.4-acre (1.8-hectare) site and will include 26 private residences ranging from two to five bedrooms, as well as 43 hotel residences ranging from one to four…

64 Views, 0 Comments