Building Exceptional Hospitality Experiences in America's Premier Mountain Resort

Telluride Legacy Fund

Investor Inquiries

Investment Overview

A vertically integrated platform for luxury hotel development and asset management

$250 M

Target Fund Size

3-5

Premium Properties

18-22%

Target Net IRR

2.5x

Target Net Multiple

Investment Strategy

Creating value through integrated development and operational excellence

Cable car ascending over a mountain town in a forested valley with colorful autumn foliage, mountain peaks in the background and a bright blue sky.

Capital Management

Sophisticated capital raising and deployment across ground-up development, acquisition and repositioning, and opportunistic investments in one of North America's most constrained luxury markets.

A small town plaza with brick buildings, green trees, large rocks, benches, and lamp posts, under a partly cloudy blue sky.

Development Expertise

Comprehensive development management including entitlements, design oversight, construction management, and pre-opening coordination in Telluride's complex regulatory environment.

A winding road going through a lush mountainous landscape with green and yellow trees and fog-covered mountains in the background.

Asset Management

Hands-on operational oversight focused on revenue optimization, cost control, capital planning, and strategic positioning to maximize property performance and value.

Why Telluride?

  • Constrained Supply

    Historic district designation and surrounding wilderness create natural barriers to entry and limited new development opportunities.

  • Premium Pricing Power

    Telluride Ski Resort drives premium clientele in the entire region, making the market ideal for high end projects.

  • Affluent Customer Base

    Ultra-high-net-worth visitors seeking exclusivity and authentic mountain experiences with household incomes exceeding $500K.

  • Year-Round Appeal

    World-class skiing complemented by summer recreation, festivals, and wellness tourism representing 40-45% of annual room nights.

  • Limited Competition

    First-mover advantage with institutionalized capital in a market dominated by smaller, under-capitalized operators.

  • Strong Exit Market

    Trophy asset characteristics and limited supply create strong investor demand from REITs, institutions, and high-net-worth buyers.

Target Properties

  • Full-Service Luxury Hotels

    75-150 room properties in Town of Telluride and Mountain Village. Branded partnerships with Four Seasons, Auberge, Six Senses or 1 Hotels for flagship assets with premium amenities and services.

  • Boutique Lifestyle Properties

    40-75 room independent boutique operations with unique character and positioning. Authentic experiences that capture Telluride's distinctive mountain culture and history.

  • Mixed-Use Developments

    Integrated residential and hotel components to accelerate capital recovery. Condo-hotel structures appealing to second-home owners seeking hotel-like amenities and services.