Updates from Sally Shiekman

You may have seen recent headlines about Compass acquiring Anywhere Real Estate, the holding company that owns Sotheby’s International Realty. From an industry standpoint, this is a strategic, forward-looking move — one that strengthens the platform supporting the Sotheby’s International Realty brand while preserving what works at the local level.

Here’s the important part: Aspen Snowmass Sotheby’s International Realty remains independently owned and locally led. Our firm operates under a franchise agreement that allows us to leverage the Sotheby’s International Realty brand, its global reach, and its marketing and technology platforms. That structure remains firmly in place. This transaction simply moves the Sotheby’s International Realty brand from one holding company (Anywhere) to another (Compass Holdings). Day-to-day operations, leadership, and local decision-making remain unchanged.

What does change — and this is the good news — is what becomes possible over time. Compass has built a reputation for investing heavily in technology, agent support, and sophisticated marketing infrastructure. As those resources integrate at the holding-company level, franchises like ours stand to benefit from enhanced tools, expanded launch strategies, and smarter ways to bring exceptional properties to market — all without sacrificing independence or local control.

For a market as nuanced and relationship-driven as Aspen and Snowmass, that balance matters. Global reach paired with local expertise is not a trade-off — it’s a competitive advantage.

I’m also sincerely honored to share that as of the beginning of 2026, I became a Partner at Aspen Snowmass Sotheby’s International Realty. Partner is a meaningful word here. It reflects collaboration, shared ownership, and long-term commitment to the firm and the community it serves. After more than three decades in this market, being asked to step into this role is deeply flattering, gratifying and energizing.

This moment represents alignment — between global strength and local leadership, innovation and experience, momentum and trust. I’m excited about where this positions our firm, and even more excited about what it means for the clients who rely on us.

Let me put my Mountains of Experience to work for you.

As many of you know, The Gant celebrated its 50th anniversary last year—an impressive milestone for one of Aspen’s most established condominium resorts. Since then, ownership and management have been taking a thoughtful look at the property's long-term needs. Their goal is simple: protect its value, modernize where appropriate, and make sure it remains one of Aspen’s most reliable, well-run resort communities for decades to come.

What’s Being Considered

Right now, the plan under review focuses mainly on exterior improvements. These aren’t cosmetic touch-ups—they’re the kinds of upgrades that preserve the property’s integrity and reduce future risk. The proposal includes:

• Updated landscaping to reduce wildfire exposure
• New siding, railings, and exterior hardening
• Improvements to walkways, doors, and lighting
• Enhancements to the pools and other shared amenities

For a property of The Gant’s age and size, these are meaningful updates. They reflect a long-term commitment to safety, durability, and owner experience.

Where Things Stand

The Campus Improvement Plan is not yet approved. It is still being refined and will go to ownership for a vote—likely in late January or early February of 2026.
If it is approved, the projected construction window would be:

• Start: April 2027
• Reopen: June 2028

It’s important to note that a temporary property closure is expected, as well as an owner assessment to help fund the renovations.

Review the Planned Development Amendment (click on image at right)

What This Means for Buyers and Sellers

Any potential closure or assessment will naturally affect transactions, rentals, and timing. Here’s how I’m thinking about it:

• Sellers: This information should be included in your disclosure and pricing strategy. Buyers appreciate clarity, and being upfront keeps everything clean and above board.
• Buyers: This can be viewed as a medium-term inconvenience but a long-term benefit. A fully updated property with modernized systems usually strengthens both enjoyment and value.
• Owners who rent: Rental calendars will need special attention as we learn more.

We’ll have more exact information as the plan moves through its review process, and I will keep you updated every step of the way.

My Perspective

The Gant has always had an excellent track record of care and long-term planning. These proposed upgrades reflect that same approach. While closures and assessments are never fun, they’re sometimes the right path to protect a property’s future—and I appreciate how transparent management has been throughout this process.

This is the latest information from The Gant. I’ll continue to share details as soon as they become available. In the meantime, if you own a unit at The Gant, or if you’re considering buying or selling one, I’m happy to walk through the implications with you.

Let me put my Mountains of Experience to work for you.
 — Sally Shiekman
 970-948-7530 • sally@sallyshiekman.com • sallyshiekman.com