Wisp Resort Completes Sale
At the end of December, EPR Properties finalized their purchase of the Wisp Ski Resort. EPR Properties is a real estate investment trust (REIT) that owns several other ski areas. EPR has partnered with Everbright Pacific, an affiliate of Pacific Group, to run and manage the entire resort.
Wisp General Manager Tim Prather and his team will remain in their current positions which will provide successful and experienced management to the resort going forward. Pacific Group will bring its operations and development experience from ski and golf resorts in New England, Canada, and throughout the West to help Wisp as it expands its on-mountain services and associated amenities.
Several improvements are planned to the resort over the next several years with most of the concentration being focused at the mountain’s base.
An unrelated real estate company purchased most of the other undeveloped land atop Marsh Mountain including the Lodestone Golf Course and some of the existing subdivisions.
This news is good for all real estate owners in the Deep Creek Lake and Wisp area as questions of the resort’s future are now answered in a most positive way. As the area’s leading real estate company we can assist with all your real estate needs.
Posted on 01/02/2013 in deep creek lake, wisp ski resort
