**Four Seasons Deer Valley Secures $600M Construction Loan for Landmark Utah Development**
Extell Development Company has closed on a $600 million construction loan to fund the development of the Four Seasons Resort and Residences Deer Valley, located in the Deer Valley East Village. The loan, financed by JVP Management, is believed to be the largest ever secured for a hotel and residential condominium project in the state of Utah.
Construction of the luxury resort began earlier this spring, and completion is slated for 2028. The project has already seen robust demand, with nearly 40% of the total inventory sold.
Designed by ODA Architecture, the development features a collection of one- to six-bedroom homes measuring between 1,200 and 7,000 square feet, all boasting direct ski-in/ski-out access. The resort includes 55 residences atop the hotel—which are already 60% sold—as well as 68 additional private residences located in an adjacent building. The homes will benefit from an array of exclusive, resort-style amenities.
Guests and residents can expect expansive wellness and fitness facilities including saunas, steam rooms, whirlpools, and spa services. The property will also host four dining venues, one of which is a ski-in/ski-out lounge with an outdoor terrace and fireplace, enhancing the luxury mountain experience.
This development continues to elevate Deer Valley as a premier, year-round destination for luxury living and world-class recreation.
