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Investment firms drop $70 million on Westin, Wildwood and Snowmass Conference Center


Snowmass Sun
The Westin in Snowmass Village, seen here in May 2020, sold this week as part of a $70 million deal. (Kelsey Brunner/The Aspen Times)
Investors who bought the Westin Snowmass Resort and other properties in Snowmass Village this week for $70 million plan to make the 254-guestroom property a member of Marriott’s Autograph Collection, according to a firm involved in the deal.
The sale of the Westin, the 151-room Wildwood Snowmass lodge and the18,000-square-foot Snowmass Conference Center was documented in a single transaction filed Wednesday in the Pitkin County Clerk & Recorder’s Office.
The sellers were Starwood Capital Group and Wasserman Real Estate, which under the entity Silvertree Propco LLC bought the same properties for $42 million in June 2011 from the Burwell family of Minnesota. The next year they spent $55 million ....

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