NetCMG Brings $65M Sale-Leaseback Opportunity to Market
Herndon, VA – June 18, 2018 – NetCMG, Calkain’s Net Capital Markets Group, is bringing to market a full-service treatment and wellness center, The Lodge at Cordillera, located at 2205 Cordillera Way in Edwards, Colorado. The Lodge, being sold for $65 million, is a ground lease sale-leaseback investment opportunity with a 7.65% cap rate.
The facility is currently undergoing a $15 million full renovation anticipated to be completed in May 2019. Upon opening, the facility will contain 71 long-term wellness beds. In addition to the rehab facilities, The Lodge will offer a full-service spa. The Spa at The Lodge will rival the world’s premier exclusive destinations for extended relaxation and personal reflection, designed to promote recovery and personal reflection.
“This is a rare investment opportunity to buy a world class facility net leased to a premier addiction treatment center and spa operator. This type of asset doesn’t come on the market very often,” stated Jon Hipp, president and CEO at Calkain Companies. “We expect to see national attention from the institutional investment community and we’re delighted to be launching our new division, NetCMG, with such a trophy offering,“ Hipp continued. The location, just outside of Vail, is unsurpassed and the asset class of wellness centers is in high demand. As an operator, The Lodge team will be an emerging leader in the addiction treatment industry.
For more information on The Lodge at Cordillera, please visit TheLodge/SLB.com, or call Jonathan Hipp at (703) 787-4725.
NetCMG is a full-service investment banking and capital markets group. Backed by the long-term success and reputation of Calkain Companies, NetCMG brings you an in-depth understanding of capital markets coupled with an extensive network of funding sources. The division’s service line encompasses sale-leaseback financing, CTL and structured debt, recapitalization and restructuring, joint venture equity and investment sale advisory. NetCMG’s vast system of financial resources, combined with decades of practice, provides you with the best and most productive solution to support your specific commercial real estate investment goals and objectives. Additional information about the firm and current offerings may be found at www.netcmg.com.