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Aspen Digital — St. Regis Aspen Resort

Aspen, Colorado, United States

PlatformAspen Digital / tZERO (secondary) ↗
IssuerAspen REIT, Inc. (single-asset REIT)
Last reviewed2026-06-30

Asset snapshot

Current value
Single luxury resort asset; original raise ~$18M in tokensPublic-record confirmedSEC Reg D filing (Aspen REIT) ↗
Token price
Issued at $1.00 per token in the original offeringPublic-record confirmedSEC filing ↗
Minimum investment
Historically ~$10,000 minimum in the offeringIssuer supplied

Secondary purchases differ.

Occupancy
Operating luxury hotel; occupancy per hotel operationsIssuer supplied

What you actually own

The single most misunderstood part of a tokenized asset: what the token legally and economically represents.

The token represents
Shares in a single-asset REIT that owns the resortPublic-record confirmedSEC Reg D ↗
Ownership chain
Token → Aspen REIT, Inc. → the St. Regis Aspen ResortPublic-record confirmed
Legal wrapper
US REIT (Reg D 506(c) offering)Public-record confirmedSEC ↗
Your recourse
Shareholder rights in the REITDocument supported

Return & fee structure

Where the return comes from
Hotel operating income / potential REIT distributionsIssuer supplied
Target return
Not disclosed here — depends on hotel performanceUnverified
Distributions
REIT distributions subject to board and performanceIssuer supplied
Fees
Management and REIT-level fees applyIssuer supplied

Debt

Outstanding debt
Property has carried mortgage debt historicallyIssuer supplied

Confirm current figures in filings.

Terms
Not disclosed
Loan-to-value
Not disclosed

Investor eligibility

Accepted jurisdictions
US accredited investors (Reg D 506(c))Public-record confirmedSEC ↗
Restricted jurisdictions
Non-accredited investors excluded from the offeringPublic-record confirmed
Investor classification
Accredited onlyPublic-record confirmed
KYC / AML
Accreditation + KYC verification requiredDocument supported

Lock-up, redemption & liquidity

Lock-up
Rule 144 / offering restrictions applied to resalePublic-record confirmed
Redemption
No issuer redemptionIssuer supplied
Secondary market
Historically traded on a regulated ATS (tZERO)Issuer supplied

Confirm current venue and volume.

Exit reality
Secondary volume has historically been limitedUnverified

Investor rights

Equity rights
REIT shareholder economic rightsPublic-record confirmed
Governance
Limited shareholder governance; board-managed REITDocument supported
Transfer
Restricted; regulated secondary venue and holding rulesPublic-record confirmed

Sources

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