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WisconsinFinanceHospitality

JLL secures construction financing for first development phase of Wisconsin Dells resort

May 23, 2025
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Photo courtesy of JLL.

 JLL Hotels & Hospitality Group secured construction financing for the Phase 1A development of the 208-key Dellshire Resort in Wisconsin Dells, Wisconsin.

JLL worked on behalf of the borrower, Uphoff Ventures, to secure a loan through a combination of a private capital lender and national C-Pace lender.

The Dellshire Resort’s development plan includes a four-story luxury-themed hotel, two restaurants with 350 seats, multiple bars, retail shops, six indoor and outdoor pools, a large meeting space for 280 guests, a 9,000-square-foot family entertainment center and amusement rides. A standout feature is an elevated Tree Canopy Walk that offers guests a unique view of the surrounding area.

Located in the “Waterpark Capital of the World,” the resort will draw from Wisconsin Dells’ 5.5 million annual visitors. Its location at the most visible corner in Wisconsin Dells will ensure exposure, and its proximity to Chicago and Minneapolis will provide a steady stream of visitors. The resort aims to fill a gap in the market for family-oriented accommodations for both leisure and business travelers.

Construction will be completed in Q2 2026. Pyramid Global Hospitality will manage the resort. Kraemer Brothers is overseeing construction.

The JLL Debt Advisory team was led by Managing Directors Adrienne Andrews and Jeff Bucaro.

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