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Greek Peak's Lender Gone Bankrupt
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Forums : General Discussion : The Pit
Moderated by: Chris, nelsap, Betsy |
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Greek Peak's Lender Gone Bankrupt
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| Author | Post |
obienickProfile | Galleries Rank: 
Member Since: Posts: 1198 Location: |
Posted: Feb 04, 2012 - 4:14 AM GMT Check it out: Link Quote: Cortland -- A Tennessee bank underwriting several loans to Greek Peak Mountain Resort and affiliates was closed by Federal Deposit Insurance Corporation regulators last week, the ski resort announced Friday. Not good. They were slow getting their ~ $3M loan for their new FGQ to replace Chair 1a on their main face. There's been a lot of outrage about the delay after it was promised for this season. If it's been delayed another season, I can't imagine what people will say. I wish Greek the best in finding a buyer for the loans. Does anyone know what happens when loans like this aren't bought up? |
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gimme789 Profile | Galleries Rank:
Member Since: Posts: 166 Location:  |
Posted: Jul 17, 2012 - 3:48 AM GMTEdited: Jul 17, 2012 - 4:07 AM GMT Not good at all. I will be watching this closely. BTW, your link does not work. It would be a damn shame to see this ski area go NELSAP. Its really a gem ( except for the aging lifts ). I already purchased next years pass there. |
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