No its been foreclosed upon.
3/22 was a great report. 12/10 report was definitely written by some wanna-be real estate "mogul" who thought he was going to get rich... SKI HILLS ARE FOR SKIING! Go back to your foreclosure, or better yet, your first home. They would be thriving if they stole Silverton's business plan.
If I lived there, I'd have to smack someone for this.
The rumor mill is up and running limited operations still possible .
Some people have received calls about going back to work .
So the rumor goes . I would be suprised if anything comes of it .
The neanderthal who posted on Mar. 22 is not only a cynic but stupid too!! He is obviously ignorant of the fact that almost all resorts of any consquence depend on the total package- including the real estate to make them work!! Go back to your cave.
BOISE, Idaho — A homeowner group at central Idaho's Tamarack Resort has abandoned its plan to reopen ski lifts this winter after a Mexican lender withdrew a $7.9 million loan offer.
The West Mountain Preservation Management Association homeowners group failed to get a court hearing for its proposal amid opposition from a Credit Suisse Group-led lending syndicate owed $300 million by the failed resort.
In a letter provided by the homeowners to The Associated Press on Thursday, they wrote, "Without a hearing in mid-to-late December, there would be no possibility of winter season skiing."
Credit Suisse opposed Inmobiliaria Las Fuentes, S.A.'s offer because the Mexican company demanded to be repaid before existing creditors.
The homeowners blame the Swiss bank for scuttling their plan, saying Inmobiliaria's appetite for a potentially costly legal battle "simply wore thin."
SkiReport.com says opening soon! LOL Save Adams and Valley County keep it closed and put your backcountry skis on
