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Wintergreen Sold
7 posts from 6 users
Updated one year ago
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one year ago
one year ago

Who actually owned them before?  The resort seemed to have pretty good infrastructure all around the past couple seasons, hardly a mom and pop operation.  I do know they do typically have trouble getting 100% open as quickly as the other Mid Atlantic operations do.  But, that has more to do with their geography and climate than it does with the number of guns and water supply.

one year ago

crgildart wrote:

Who actually owned them before?  The resort seemed to have pretty good infrastructure all around the past couple seasons, hardly a mom and pop operation.  I do know they do typically have trouble getting 100% open as quickly as the other Mid Atlantic operations do.  But, that has more to do with their geography and climate than it does with the number of guns and water supply.

 

West Virginia billionaire Jim Justice purchased Wintergreen Resort around 2012 and indicated an interest in selling Wintergreen earlier this year.  Justice also owns West Virginia’s Greenbrier Resort.

one year ago

Before Justice, my understanding is that the Wintergreen Homeowners owned the ski area.

one year ago

Looks like the company that will manage Wintergreen also manages Wisp, and Ragged in NH.

one year ago

I heard a group from NC were interested in buying a MidAtlantic resort; guess it was not Wintergreen.

one year ago

marzNC wrote:

Before Justice, my understanding is that the Wintergreen Homeowners owned the ski area.

Wintergreen Partners, Inc. (WPI) owned the common facilities (e.g., buildings, ski area, golf courses) before the 2012 sale to Justice.  WPI members were generally property owners or homeowners at the resort, but not all homeowners bought into WPI.  For some background, here’s an article about the 2012 sale:  http://www.dailyprogress.com/news/business/wintergreen-officially-set-to-change-hands-what-changes-will-follow/article_26d49ca0-863c-5fd8-918b-ac10ee96c836.html

Woody

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