{"id":1004206979,"date":"2018-02-15T01:22:23","date_gmt":"2018-02-15T09:22:23","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004206979"},"modified":"2022-12-08T00:53:42","modified_gmt":"2022-12-08T08:53:42","slug":"central-or-resort-trades-for-12m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/","title":{"rendered":"Central OR Resort Trades for $12M"},"content":{"rendered":"<p>By Jeff Hamann<\/p>\n<div id=\"attachment_1004206981\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Eagle-Crest-Resort-in-Redmond-Ore..jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004206981\" data-attachment-id=\"1004206981\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/eagle-crest-resort-in-redmond-ore\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Eagle-Crest-Resort-in-Redmond-Ore..jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Jeffrey Hamann&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1518549701&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Eagle Crest Resort in Redmond, Ore.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Eagle Crest Resort in Redmond, Ore.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Eagle-Crest-Resort-in-Redmond-Ore..jpg?w=800\" class=\"wp-image-1004206981 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Eagle-Crest-Resort-in-Redmond-Ore..jpg\" alt=\"Eagle Crest Resort in Redmond, Ore.\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Eagle-Crest-Resort-in-Redmond-Ore..jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Eagle-Crest-Resort-in-Redmond-Ore..jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Eagle-Crest-Resort-in-Redmond-Ore..jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004206981\" class=\"wp-caption-text\">Eagle Crest Resort in Redmond, Ore.<\/p><\/div>\n<p>A partnership between Northview Hotel Group and Oaktree Capital Management has sold the Eagle Crest Resort, a Holiday Inn resort in Redland, Ore., to KDG Capital. The sale price was $12 million, according to Deschutes County records. The acquisition was financed with an $11.3 million mortgage held by Bank of America. A HFF team led by Scott Hall and Tony Malk marketed the property for sale and represented the seller in the deal.<\/p>\n<p>Located at 1522 S.W. Cline Falls Road, the 100-key property is situated on 1,700 acres of land within two miles of the McKenzie Highway, providing convenient access into the town of Redmond, six miles down the road. The asset, constructed in 1985, features more than 11,500 square feet of conference and meeting space along with five restaurants offering a variety of cuisines. The previous owner completed renovation work in 2014. Guest amenities include five swimming pools, three 18-hole golf courses, 14 miles of paved trails, three recreation facilities and two covered pavilions.<\/p>\n<p><em>\u201cEagle Crest is a unique year-round resort and residential master plan with a longstanding reputation as one of Central Oregon\u2019s best-amenitized communities,\u201d<\/em> said Hall, a managing director with HFF, in a prepared statement. <em>\u201cThe quality of the asset, opportunities for <a href=\"https:\/\/www.commercialsearch.com\/news\/marriott-reopens-doors-in-tampa\/\">value-enhancing capital initiatives<\/a> and the region\u2019s strong underlying fundamentals combine to create a highly attractive long-term investment.\u201d<\/em>\u00a0<\/p>\n<p><em>Image via Google Maps<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KDG Capital acquired the Eagle Crest Resort, which includes a 100-key resort hotel situated on more than 1,700 acres of land.<\/p>\n","protected":false},"author":861,"featured_media":1004206981,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21825,21751,21783,21742,15],"tags":[33250,32792,39116,32944],"class_list":["post-1004206979","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-finance","category-hotel","category-investment","category-latest","category-west","tag-bank-of-america","tag-hff","tag-northview-hotel-group","tag-oaktree-capital-management"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Central OR Resort Trades for $12M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Central OR Resort Trades for $12M\" \/>\n<meta property=\"og:description\" content=\"KDG Capital acquired the Eagle Crest Resort, which includes a 100-key resort hotel situated on more than 1,700 acres of land.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-02-15T09:22:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-08T08:53:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Eagle-Crest-Resort-in-Redmond-Ore..jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Jeff Hamann\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/central-or-resort-trades-for-12m\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/central-or-resort-trades-for-12m\\\/\"},\"author\":{\"name\":\"Jeff Hamann\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9dada606742ec2aa010683bdabf468f4\"},\"headline\":\"Central OR Resort Trades for $12M\",\"datePublished\":\"2018-02-15T09:22:23+00:00\",\"dateModified\":\"2022-12-08T08:53:42+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/central-or-resort-trades-for-12m\\\/\"},\"wordCount\":243,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/central-or-resort-trades-for-12m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/02\\\/Eagle-Crest-Resort-in-Redmond-Ore..jpg\",\"keywords\":[\"Bank of America\",\"HFF\",\"Northview Hotel Group\",\"Oaktree Capital Management\"],\"articleSection\":[\"Deals\",\"Finance\",\"Hotel\",\"Investment\",\"News\",\"West\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/central-or-resort-trades-for-12m\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/central-or-resort-trades-for-12m\\\/\",\"name\":\"Central OR Resort Trades for $12M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/central-or-resort-trades-for-12m\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/central-or-resort-trades-for-12m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/02\\\/Eagle-Crest-Resort-in-Redmond-Ore..jpg\",\"datePublished\":\"2018-02-15T09:22:23+00:00\",\"dateModified\":\"2022-12-08T08:53:42+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9dada606742ec2aa010683bdabf468f4\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/central-or-resort-trades-for-12m\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/central-or-resort-trades-for-12m\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/central-or-resort-trades-for-12m\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/02\\\/Eagle-Crest-Resort-in-Redmond-Ore..jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2018\\\/02\\\/Eagle-Crest-Resort-in-Redmond-Ore..jpg\",\"width\":800,\"height\":620,\"caption\":\"Eagle Crest Resort in Redmond, Ore.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/central-or-resort-trades-for-12m\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Central OR Resort Trades for $12M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/9dada606742ec2aa010683bdabf468f4\",\"name\":\"Jeff Hamann\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/04\\\/Jeff-Hamann.jpg?w=96\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/04\\\/Jeff-Hamann.jpg?w=96\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2021\\\/04\\\/Jeff-Hamann.jpg?w=96\",\"caption\":\"Jeff Hamann\"},\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/jeffh\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Central OR Resort Trades for $12M - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/","og_locale":"en_US","og_type":"article","og_title":"Central OR Resort Trades for $12M","og_description":"KDG Capital acquired the Eagle Crest Resort, which includes a 100-key resort hotel situated on more than 1,700 acres of land.","og_url":"https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2018-02-15T09:22:23+00:00","article_modified_time":"2022-12-08T08:53:42+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Eagle-Crest-Resort-in-Redmond-Ore..jpg","type":"image\/jpeg"}],"author":"Jeff Hamann","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/"},"author":{"name":"Jeff Hamann","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9dada606742ec2aa010683bdabf468f4"},"headline":"Central OR Resort Trades for $12M","datePublished":"2018-02-15T09:22:23+00:00","dateModified":"2022-12-08T08:53:42+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/"},"wordCount":243,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Eagle-Crest-Resort-in-Redmond-Ore..jpg","keywords":["Bank of America","HFF","Northview Hotel Group","Oaktree Capital Management"],"articleSection":["Deals","Finance","Hotel","Investment","News","West"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/","url":"https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/","name":"Central OR Resort Trades for $12M - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Eagle-Crest-Resort-in-Redmond-Ore..jpg","datePublished":"2018-02-15T09:22:23+00:00","dateModified":"2022-12-08T08:53:42+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9dada606742ec2aa010683bdabf468f4"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Eagle-Crest-Resort-in-Redmond-Ore..jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Eagle-Crest-Resort-in-Redmond-Ore..jpg","width":800,"height":620,"caption":"Eagle Crest Resort in Redmond, Ore."},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/central-or-resort-trades-for-12m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Central OR Resort Trades for $12M"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/9dada606742ec2aa010683bdabf468f4","name":"Jeff Hamann","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Jeff-Hamann.jpg?w=96","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Jeff-Hamann.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Jeff-Hamann.jpg?w=96","caption":"Jeff Hamann"},"url":"https:\/\/www.commercialsearch.com\/news\/author\/jeffh\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/02\/Eagle-Crest-Resort-in-Redmond-Ore..jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004206979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/861"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004206979"}],"version-history":[{"count":3,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004206979\/revisions"}],"predecessor-version":[{"id":1004207170,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004206979\/revisions\/1004207170"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004206981"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004206979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004206979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004206979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}