Flynn Properties has secured a $30 million refinancing for The Madeline Hotel, Auberge Resorts Collection, an 83-key luxury resort with 56 separately-owned condominiums in the popular mountain town of Telluride, CO.

JLL worked on behalf of the borrower to secure the five-year, floating-rate loan through Värde Partners.

The resort was originally built in 2009 and underwent extensive renovations in 2020 and 2021. Designed as a luxury mountain lodge, the Madeline is part of the main plaza in the Town of Mountain Village, a European-style resort town situated on a bluff above the valley floor of the San Juan Mountains and is adjacent to the Telluride Ski Resort. The towns are connected by a gondola, which provides a 13-minute ride between the two towns and can transport 480 people per hour. In addition to skiing, the area is a  destination for festivals, golfing, hiking, camping, rock climbing and other outdoor activities.