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Atlanta & Southeast  + Southeast  + Hospitality  |  November 6, 2019
David Cohen
By: David Cohen

Colliers Tapped to Secure Financing for Smoky Mountains Resort

Colliers International has been tapped to secure $524 million in financing for the development of Blue Mist Mountain Resort, a family-oriented, multi-generational resort nearby the Great Smoky Mountains National Park in Tennessee.

The project is slated be delivered in the late fall of 2021 or spring of 2022. It will feature a 307-key hotel with meeting space, luxury amenities and services; 200 mountain-style vacation townhomes with 40 luxury four-bedroom vacation residences and The Boardwalk, a half-mile long shopping, dining and entertainment strip surrounding  a 5-acre man-made lake with grotto style cabanas built into the earth lining the beach. The resort will also feature Rocky Top, an outdoor adventure facility featuring The Blue Mist Craft Brewery, producing branded craft beers and sodas exclusively for visitors and guests.

Colliers’ structured finance team of Jeffrey Donnelly, Dmitry Levkov and Jim Morris has been selected by developer New Paradigm Development Partners to handle the assignment.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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