Penticton & South Okanagan News
Buyer sought for Mount Baldy
G-Force Real Estate Inc. out of Vancouver has been appointed marketing agent for a secured creditor who has received conduct of sale from the Supreme Court of BC under a foreclosure action to sell most of the assets of Mount Baldy Ski Corporation and related companies.
The primary objective of the marketing agent is to find a buyer who will be able to complete an acquisition in time to operate the resort for the upcoming 2014-2015 ski season.
Click here for more information on the sales process and the details of the assets for sale.
Mount Baldy Resort is located in the south Okanagan Valley of British Columbia just north of the Canada-US border and east of nearby Osoyoos and Oliver.
With a base elevation of nearly 5,700 feet, the resort boasts one of the highest base elevations, most sunshine and lightest powder of any ski resort in the Okanagan. The resort offers a purchaser significant opportunities for recreation and real estate development.
G-Force Real Estate Inc. of G-Force Group www.g-forcegroup.ca draws on its extensive experience in restructuring, performance improvement, corporate finance and several industries to assist stakeholders in enhancing or recovering their investments and loans from businesses, real estate and construction projects in a variety of industries including real estate development, hospitality, leisure, and other industries in British Columbia and Alberta.
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