Seven bidders chased a 127-room Gilded Age estate out of foreclosure at $72 million, 47% below its 2025 appraisal, and the sale still depends on a deposit the winners have not yet paid.

With the 10-year near 5% and a December FOMC inside most closing windows, the difference between locking at application and locking at commitment is a five-figure decision on a mid-size loan.

At $1.99 million a key, the 88-room W Aspen carries the highest asking price per room in the country, and Aspen has produced no slopeside trade in 16 years to test it.

A $1.2 billion Roper St. Francis campus opens in 2029 near a 321-bed trauma center, and the rental and retail math around both hospitals already works at today's prices.