Why would a corporation let a beautiful resort die? Why would it let the resort gasp for breath and be overrun with weeds, broken windows, ripped awnings and filth?
The senseless death of the Grand Beach Resort on St. Thomas is sick and sad.
It has spent more than five years rotting away on one of the [...]
Gooding & Company, the internationally recognized auction house, is hosting a vintage automobile auction at Amelia Island Plantation—a AAA Four Diamond resort property located in northeast Florida. The one-day auction will take place on Friday, March 12 at 5 p.m.
The auction’s main attraction is the 1931 Voisin C20 “Mylord” Demi-Berline, Best of Show winner of [...]
The tabloids might be obsessed with Tiger Woods’ marriage, but we’re more interested in his real-estate dealings.Golf-resort developer Jim Anthony seemed to have pulled off a major coup by signing Mr. Woods to design the superstar’s first U.S. course at a 3,200-acre community in the high meadows of the Blue Ridge Mountains in North Carolina.That’s [...]
Read moreTimbers Resorts has officially opened its One Steamboat Place, a new slopeside resort development at the base of Mt. Werner at Colorado’s Steamboat ski area.
“We are thrilled to unveil One Steamboat Place, a one-of-a-kind residential experience located at the gondola,” said David A. Burden, CEO and Founder of Timbers Resorts. “We are excited to be [...]
A Mississippi casino venture has turned out to be a bad bet for the Lac du Flambeau Indian Tribe, which as a minority partner sunk an estimated $25 million on the Grand Soleil project in Natchez, only to see it headed for the auction block.
According to a trustee’s notice of foreclosure and sale, parts of [...]
Call it a bailout, Caribbean style.
Barbados, a popular vacation spot for the affluent, is bailing out the troubled Four Seasons luxury-resort development on the tiny island. Construction of the project stalled a year ago as financing dried up and sales of its private villas slowed—after initially attracting a cast of celebrity buyers.
In a bid to [...]
Carl Icahn is poised to take control of the Fontainebleau Las Vegas, the stalled casino hotel development on the Las Vegas Strip, reports the Wall Street Journal.
A subsidiary of Icahn’s company, Icahn Enterprises LP, emerged as the only qualified bidder this week after two competing bids were deemed unqualified, an examiner appointed by the US [...]
A lawsuit seeking class-action status was filed Sunday in behalf of homeowners, property owners and investors against Credit Suisse AG, claiming the bank engaged in predatory lending practices at Lake Las Vegas and other resort developments during the boom years of the 2000s.
The suit, filed in U.S. District Court in Idaho by a team of [...]
It was inevitable that with banks acting like casinos, casinos would act like banks, placing bets they couldn’t quite cover. At Foxwoods, it was the decision in 2006 to take on a boatload of debt to add the $700 million MGM Grand resort and casino to cement Foxwoods’ transition from bigger to biggest.
Unfortunately, by the [...]
In a depressed housing market, one developer has turned to an auction in hopes of finding buyers for ritzy condominiums in a slope-side lodge at Deer Valley.
Ironwood Resort Development has scheduled a Jan. 17 auction — just days before the Sundance Film Festival begins — to sell eight residences in Silver Strike Lodge at Empire [...]
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