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Redford sells Utah's Sundance Mountain Resort to 2 companies – Mid-Utah Radio

Redford sells Utah's Sundance Mountain Resort to 2 companies – Mid-Utah Radio
midutahradio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from midutahradio.com Daily Mail and Mail on Sunday newspapers.

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AM News Brief: CARES Funds Allocated, Ogden Homeless Camp Disbanded & Sundance Mountain Resort Sold

Winter Weather Advisory
The National Weather Service has issued a winter weather advisory for much of Northern Utah in effect now until Monday at midnight. The service is forecasting up to three inches of snow from Northwestern Utah down to Central Utah. Drivers should be careful of slippery roads, especially along the I-15 corridor and plan for longer commutes.
Ogden Police Disband Outdoor Homeless Community
Ogden police on Thursday disbanded an outdoor homeless community that had grown this year. Shelter officials said the pandemic is a contributing factor to the growth because the coronavirus spreads more easily in indoor spaces like shelters. According to the Standard-Examiner, police said the number of people who need shelter hasn t grown significantly, but the encampment is more prominent than it has been in years past. The director of the Lantern House shelter said the pandemic has made people afraid to stay there, even though they ve taken steps like testing ....

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BDA Advises Sundance Mountain Resort on Sale to Broadreach and Cedar Capital Partners

BDA Advises Sundance Mountain Resort on Sale to Broadreach and Cedar Capital Partners
New York, NY, December 14, 2020 (PR.com) BDA Partners is pleased to announce that Robert Redford has agreed to sell BDA client, the Sundance Mountain Resort, to Broadreach Capital Partners and Cedar Capital Partners.
Robert Redford founded Sundance Mountain Resort over 50 years ago. This transaction is the result of a long-term, strategic plan designed to preserve the Redford legacy, including a commitment to balancing responsible development and land preservation. The 2,600-acre resort includes 1,845 acres of land, preserved through a conservation easement and protective covenants.
Robert Redford said, “As stewards of this unique place, it’s always been my vision that the Sundance Mountain Resort would be a place where art, nature and recreation come together to make the world a better place. Change is inevitable, and for several years, my family and I have been thinking abou ....

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5 at 5: Your Daily Digest for Real Estate Investing, 12/14/2020

5 at 5: Your Daily Digest for Real Estate Investing, 12/14/2020
Millionacres
12/14/2020
Marc Rapport
© Provided by The Motley Fool
5 at 5: Your Daily Digest for Real Estate Investing, 12/14/2020
Blackstone bets billions more on life sciences CRE, unsold hotel rooms near a billion, multifamily loans reflect pandemic stress, Redford s Sundance exit plan, and three reliable REITs for income.
In Today s News
The Wall Street Journal reports today that
The Blackstone Group (NYSE: BX) is amping up its bet on biotechnology lab space and other life-sciences real estate, agreeing to pay $3.45 billion for a portfolio of buildings primarily in the active Cambridge, Massachusetts, market.
Why it matters: With a $341 billion portfolio, Blackstone is one of the world s largest real estate investors. Its Americas real estate chief says life science is one of the firm s high-conviction bets property types Blackstone believes are am ....

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Redford sells Utah's Sundance Mountain Resort to 2 companies

Redford sells Utah's Sundance Mountain Resort to 2 companies
chron.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chron.com Daily Mail and Mail on Sunday newspapers.

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