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VELVÆRE SECURES $555 MILLION IN FINANCING TO ADVANCE LUXURY REAL ESTATE COMMUNITY IN DEER VALLEY’S NEW EAST VILLAGE


PARK CITY, Utah, Dec. 4, 2025 /PRNewswire/ — Velvære, the premier wellness-focused, ski-in/ski-out residential public in Deer Valley’s East Village, these days pronounces it has tie an extra $197 million in capital financing from Anchor Loans, a chief institutional lender with a observe listing in investment large-scale residential and public tendencies national. The financing was once organized and recommended by means of LFB Ventures, with fairness backing from Toba Capital. The financing, blended with current finances, has been restructured right into a $555 million multi-product development revolver to finish the build-out of Velvære’s property quite a bit, personal facilities, and comfort vertical residential choices.

Key Financing Highlights

  • $197M in brandnew financing tie from Anchor Loans
  • $555M general financing following restructuring of current capital
  • Financing organized and recommended by means of LFB Ventures
  • Fairness backing from Toba Capital
  • Investment will help:
    • Development of personal wellness and journey facilities
    • Vertical building of luxurious apartments

 A $1 Billion Sight for Nearest-Life Mountain Dwelling

Velvære spans 60 acres and represents a $1 billion wellness-driven alpine public, evolved by means of Pioche Companions, LLC, a three way partnership between Bonfire Collective and VP Corporations, Inc. The improvement is designed to combine luxurious houses, state-of-the-art wellness facilities, and adventure-focused residing. Their brandnew financing will boost up this visual, marking a pivotal milestone within the building of Deer Valley’s expanded East Village. Subsidized by means of partnerships with Fountain Presen, Technogym, and Aescape, Velvære is located to seize sturdy purchaser call for for high-end, slopeside wellness residing in Deer Valley.

 Capital Technique and Marketplace Momentum

“Securing capital that mirrored the nature of our client’s vision was paramount to the capital markets effort,” stated Blake Bitterlin, Founder & President of LFB Ventures. “We focused on engaging a single-source capital provider capable of consolidating legacy debt into a streamlined, revolving debt facility that addresses all the needs for land development, amenity, and home construction for each diverse product type, including the world-class amenities that define this one-of-a-kind community.”

Velvære’s brandnew capital funding follows record-setting marketplace momentum in Deer Valley’s East Village, with explosive gross sales good fortune on the brandnew bottom, and more than one property dozen gross sales at Velvære ultimate between $4 million and $5 million within the fourth quarter of 2025. This gross sales pace displays Velvaere and the East Village’s situation because the premier vacation spot for ski-in/ski-out residing out there and reinforces Velvære’s positioning because the upcoming evolution of mountain communities.

Unlocking the Nearest Segment of Velvære

“This financing will unlock the next chapter of Velvære,” stated Dayson Johnson, Important Earnings Officer of Bonfire Collective and Spouse at Pioche Companions. “We’re not just building homes — we’re building a community where residents can live, explore, train, and recover with the same resources and energy professional athletes rely on, all while experiencing the connection and joy of mountain living.”

The public, a personal, gated enclave inside the East Village, deals direct ski-in/ski-out get entry to by means of an onsite Deer Valley chairlift, at the side of a wellness middle (“The Well”) that includes efficiency and medication modalities, and a family-focused journey middle (“The Base”) with year-round recess.

The primary property apartments had been finished in 2024, with extra apartments and property quite a bit lately beneath building, priced from $4 million to $12 million.

For more info and familiar updates on Velvære, please talk over with www.velvaereparkcity.com and practice alongside on Fb at @velvaereparkcity and Instagram @velvaereparkcity.

ABOUT VELVAERE
Velvære is a brandnew 60-acre public that includes direct ski-in/ski-out get entry to to Deer Valley Hotel. Citizens will experience year-round mountain journey and recess via a privately-accessed onsite ski carry, intensive ski ground, an built-in wellness middle with state-of-the-art modalities, and a relatives journey middle and ski seashore. The public comprises 115 property homesites, personal apartments, and cabins. Velvære is a personal enclave inside Deer Valley’s East Village growth and enjoys the advantages of being inside strolling distance from the brandnew bottom village but free plethora to experience privateness and exclusivity. For more info on Velvaere, please talk over with http://www.velvaereparkcity.com and practice alongside on Fb at @velvaereparkcity and Instagram @velvaereparkcity.

ABOUT PIOCHE PARTNERS
Bonfire Collective
Bonfire Collective was once established to mix the heritage of a 50-year-old best-in-class development corporate with a legacy of establishing Utah’s ultra-estates with state-of-the-art, era and wellness-based master-planned communities. Bonfire Collective companions with builders, architects, and decorators to assemble luxurious wellness communities in one of the crucial maximum extremely sought-after places in Utah and Idaho and journey communities around the west.
www.Bonfirecollective.com

VP Corporations, Inc.
Based in 1992, VP Corporations specializes in maximizing worth in actual property investments via long-term strategic partnerships, building experience, operational control efficiencies, capital formation, and focused advertising. Over the terminating 3 many years VP Corporations has specialised in high-end amenitized building, with a complete of over $1.6 billion general gross sales. Remarkable tendencies come with Colorado Golfing Membership, Cloudless Creek Tahoe, and Zenergy Condition Membership and Spa. VP has been lively in please see states since inception: Idaho, Colorado, Wyoming, Nevada, Washington, Utah, and Montana.
www.vpcompanies.com

ABOUT LFB VENTURES
LFB Ventures, Inc. (“LFB”), based in 2017, is a chief actual property capital advisory company within the housing business. Since inception, LFB has organized just about $3 billion in capital for builders and developers national. Led by means of business veterans with first-hand revel in in building, development, and finance, the LFB group performs greater than a capital advisory function – LFB turns into an extension of its consumer’s operational group during the year cycle in their initiatives. LFB is headquartered in San Diego, with extra workplaces in Los Angeles and Unused York.
www.LFBventures.com

SOURCE Velvaere



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