Revealed: Sept. 6, 2022 at 5:00 AM CDT|Up to date: 3 hours in the past

PARK CITY, Utah, Sept. 6, 2022 /PRNewswire/ — Wolfgramm Capital has acquired the Waldorf Astoria Park Metropolis resort in Park Metropolis, Utahbased on Co-Founder and CEO of Wolfgramm Capital, Phil Wolfgram. The property was acquired off-market and as a part of an all-cash deal. Wolfgramm Capital impressively provides the luxurious resort to its portfolio inside its first 12 months of enterprise. The luxurious resort continues to be managed by Hilton.

Waldorf Astoria Park Metropolis is a part of Waldorf Astoria Accommodations & Resorts, certainly one of Hilton’s three distinct luxurious manufacturers. Located on the base of Park Metropolis Mountain Resort, Waldorf Astoria Park Metropolis affords a super setting for an unforgettable luxurious mountain trip that includes spectacular views of the ski slopes and picturesque Wasatch Mountains. US Park Metropolis’s solely luxurious resort with slope-side and ski in ski out entry to the most important ski and snowboard resort within the US, company can uncover all that the vacation spot has to supply year-round from winter actions together with snowboarding, snowshoeing and bobsledding to summer season actions from fly fishing, biking, mountain climbing and extra.

The resort’s genuine sense of place is mirrored all through the property from its distinct design aesthetic and locally-inspired meals and beverage scene to its customized facilities, companies and array of signature experiences. Its visitor rooms and suites are appointed with customized furnishings and for suites, top-of-the-line kitchens. Integral to the visitor expertise is the resort’s 16,000-square-foot award-winning Waldorf Astoria Spa in addition to the resort’s all-day eating signature restaurant and bar, Powder. Moreover, Waldorf Astoria Park Metropolis options intimate assembly and occasion house in addition to an expansive outside patio with fireplace pits, a heated pool and Jacuzzis.

“Wolfgramm Capital is delighted to be working with Hilton, the present lodging unit homeowners, the HOA, and their asset supervisor, CooperWynn Capital, on this endeavor. We’re passionate about taking this resort to the following stage and intend to infuse roughly sixty million {dollars} into the property. We look ahead to sharing extra about these enhancements at a later date,” stated Koloa Wolfgramm, COO, Wolfgramm Capital.

Waldorf Astoria Park Metropolis has been a crowd favourite since its opening in 2009. Commensurate with the encompassing mountainside aesthetic, the luxurious resort gives genuine eating and lodging experiences distinctive to the bustling ski-town. Only a 10-minute drive from Park Metropolis’s historic Most important Avenue laden with retailers, boutiques, artwork galleries and greater than 60 bars and eating places, it’s also solely 35 minutes from Salt Lake Metropolis Worldwide Airport.

Shaped in 2021 by Phil WolfgramKoloa Wolfgramm, and Russell Helpfulthe brand new personal fairness actual property agency has amassed a formidable 200-million-dollar asset portfolio in its first eight months. With many years of mixed expertise in working inns, asset managing luxurious resorts, consulting in the true property authorized area, and managing funds within the personal fairness sector, the principals of Wolfgramm Capital are uniquely positioned to capitalize on their expertise to take the Waldorf Astoria Park Metropolis to the following stage.

For extra data relating to Wolfgramm Capital, please go to https://www.wolfgramm.com/ or e mail [email protected]

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