East West Partners Nabs $72M Loan for Ski Property

East West Partners will develop The Amble, a 42-unit, luxury multifamily development at the base of Steamboat Springs Ski Resort in Steamboat Springs, Colo. JLL Capital Markets arranged a $72.4 million construction loan for The Amble, the first condominium development to be delivered to the mountain in the past decade and a half.

Slated for completion in the second quarter of 2026, The Amble will consist of one five-story residential building housing 42 residential units, as well as 6,500 square feet of amenity space and 42 parking spaces. Among building amenities: an outdoor pool.

The 100 percent electric building will create its own sustainable ecosystem via climate-responsive architecture, daylighting and natural ventilation. The building’s mechanicals are designed to capture, retain and reuse rejected energy from the building systems.

That rejected energy will supplement the domestic hot water and pool and spa heating systems, reducing the amount of energy the building needs to operate.

Mountain base location

The Amble is located on a 1.6-acre site bearing an address of 2300 Mount Warner Circle in Steamboat Springs. Downtown Steamboat Springs is three miles away, and the Yampa Valley Regional Airport is 27 miles distant. Six major airlines fly into and out of that airport, offering service to 16 domestic cities.

The Amble will not only cater to winter sports enthusiasts, but will also present lively summer recreational offerings, among them mountain biking, hiking, fly fishing and golf at a pair of 18-hole courses. The JLL Capital Markets Debt Advisory team representing the borrower was led by Leon McBroom, senior managing director; Mark Erland, managing director; and Kevin Barron, director. Earlier this month, Extell Development’s residential ski property sold out in Deer Valley East Village in Park City, Utah.