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Avison Young Capital Markets team negotiates sale of wellness campus in $57 million sale-leaseback

February 8, 2021

With significant new hires and new deals, momentum growing for Avison Young Capital Markets team

WASHINGTON, DC – Avison Young’s U.S. Capital Markets team announced today that it has negotiated the sale of All Points North Lodge, a comprehensive wellness and treatment campus located just outside of Vail, CO.

The luxury facility, nestled in the heart of the Rocky Mountains in Edwards, CO., sold for $57 million to WC Acquisition Holdings, LLC. The seller, CSMN Investments, LLC, will lease back the building as part of a long-term deal.

The seller was represented by an Avison Young Capital Markets team led by Jonathan Hipp, Principal and head of the firm’s U.S. Capital Markets Net Lease Group; Richard Murphy, Senior Vice President; Stan Wyrwicz, Senior Vice President; and Rick Egitto, Principal in the firm’s Denver office.

“This was an excellent opportunity to acquire this premier wellness and treatment center that will provide strong returns over the long term,” Hipp said. “Investors are seeking a much wider variety of asset classes to manage their risk and provide income, so we were able to draw tremendous interest in this treatment facility.”

The deal is just the latest for Avison Young’s rapidly growing Capital Markets team. Over the past year, the team has brought in some of the industry’s top experts specializing in net lease, sale leaseback and credit tenant markets.

They include Hipp, a net lease industry pioneer who has been growing Avison Young’s net lease group since he joined the firm in February along with several members of his Calkain team; Tim Hall, who joined as a Principal in September, focusing on sale leaseback and corporate finance; and Dean Sands, who joined the firm as a Principal in November to drive sales executions across several asset classes.

“We have built the industry’s strongest Capital Markets team to navigate the most challenging time in recent history,” said John Kevill, Principal and President of U.S. Capital Markets at Avison Young. “We’ve already closed several major transactions in recent weeks, so we have tremendous momentum for 2021.” 

One of those transactions was the APN Lodge. The five-star facility, which officially opened in March 2020, is a comprehensive resource for those struggling with addiction, mental health and trauma.

The resort-style campus boasts custom-curated self-growth programs, state-of-the-art technology and premier accommodations. With 77,000 square feet of rentable space, the patient-centered facility recently completed more than $20 million in improvements.

APN Lodge offers addiction and mental health treatments, trauma therapy, crisis management, coaching and personal development workshops, concierge medicine, athletic performance programs and advanced practices and activities. Located on a breathtaking 7-acre campus, the facility is staffed by world-renowned doctors, therapists, behavioral health specialists, clinicians, fitness trainers, coaches, chefs, dietitians, chauffeurs and professional security teams.

The APN Lodge’s integrated care model – an “under one roof” approach – is highly effective in improving outcomes. The campus helps a wide variety of individuals, including business executives, athletes, industry professionals and others seeking a comprehensive approach to healing and growth.

“The services offered by APN Lodge are growing in demand and are more critical than ever,” Hipp said.

 

For more information:

Jonathan Hipp, Principal and head of the firm’s U.S. Capital Markets Net Lease Group: +1 571-926-2009
John Kevill, Principal and President of U.S. Capital Markets at Avison Young: +1 202-602-1737

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