Snowshoe Resort Village Up For Sale

The largest resort owner in North America is testing the market by listing seven of its resort villages - including Copper Mountain's base village - for $142.5 million.

"We are exploring what pricing the market might deliver for that portfolio," said Steve Rice, managing director of Florida real-estate investment trust CNL Lifestyle Co.

CNL's portfolio includes eight Eastern ski resorts and nine Western ski areas, including Crested Butte Mountain Resort.
The seven villages - which include 426,000 square feet of commercial space in CNL's resort sites at Copper, California's Mammoth, Canada's Whistler, Ontario's Blue Mountain, West Virginia's Snowshoe, Vermont's Stratton and Florida beach destination Sandestin - are all fully rented and have "improved strongly and steadily" since the 2009 downturn.


http://www.denverpost.com/breakingnews/c....denverpost.com

??? When did Snowshoe go from Fortress/IntraWest to CNL ????

apparently 2004

OMG - I'm in the middle of contract negotiations! What does this mean for Snowshoe property values?????

lol - maybe Talisker will buy it.

As I understood the sale of the village properties by Intrawest se years ago, it was just that- the sale of the village properties...mostly commercial since the condos are basically owned by multiple individual owners. Intrawest still owns the resort (lifts, rec facilities, etc. and manages same.
The Colonel

right - resort *property* people like real-estate not the freakin' ski resort.