GAYLORD, Mich.
Treetops Resort General Manager, Barry Owens announced that the Gaylord, Mich., resort has secured a $4.5 million USDA loan to aid resort renovations and improvements—with work to begin immediately.
North Avenue Capital (NAC), a specialized commercial lender has partnered with Centennial Bank (Centennial) to fund a $4.5 million loan for northern Michigan’s Treetops Resort. Managing Partner, Alex Louis, led NAC’s origination and underwriting activities. Centennial’s SVP, Chris Barton, said, “Treetops Resort is one of Michigan’s finest destinations and a significant employer in the region, and Centennial is honored to stand behind Treetops and this amazing property.” NAC introduced Centennial to the project, which was funded through the USDA Rural Development Business & Industry program.
Renovations and improvements are on tap for both The Lodge and The Inn located on the main campus of the property. Owens revealed that Treetops Resort will received a “fresh new look” in its lodging buildings and lobby areas, in addition to its public spaces, which will reflect the Michigan outdoors.
“Our two [types of] rooms will be modern and up-to-date while still maintaining a casual relaxed feel,” Owens said. “A palate of colors has been chosen which we believe will appeal to golfers in the summer, but remain cozy in the winter, with a classic, professional feel for your business travelers.”
Treetops Resort aims to offer guests a true northern Michigan retreat with over 2,100 acres, 81 holes of championship golf, including Treetops, “North America’s No. 1 Par 3 course,” and 23 ski slopes.
Original culinary experiences, a 10,000-square-foot convention center and event venue, and over 25,000 square feet of versatile meeting space complement the outdoor activities available at the resort.
