Recreation

CNL Lifestyle Properties to Pay $132 Million for Crested Butte, Okemo, and Mount Sunapee

CNL Lifestyle Properties, an Orlando-based real-estate investment trust (REIT) will announce today that it is acquiring Crested Butte Ski Resort in Colorado (pictured), Okemo Mountain Resort in Vermont, and Mount Sunapee Ski Resport in New Hampshire from Triple Peaks LLC

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Posted in Feature, Golf, News Desk, Northeast, Recreation, Regional News, South, Topics, West

More Coverage on the Yellowstone Club Bankruptcy Case

It wasn’t two years ago that every media outlet known to man was clamoring over one another to give more column inches to the biggest, gawdiest monstrosity in the West: the Yellowstone Club’s record-breaking $155-million home. Though we’ve banged the drum

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Posted in Feature, Golf, News Desk, Recreation, Regional News, Residential Property, Timber, Topics, West

For Sale: Colorado’s Hunt Ranch Back on Market for $30,000 Per Acre / $17 Million

In a surprising turn of events that is the norm in real estate development, the investment group that paid $8 million for an historic cattle ranch downvalley from Aspen was denied crucial development rights by Garfield County. Hunt Ranch LLC had applied to develop

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Posted in Cattle, Conservation, Developers, Equestrian, Eric OKeefe, Feature, News Desk, Recreation, Regional News, Residential Property, Topics, West

Tom Barrack Takes Control of Neverland

Earlier this month, AP reported a development that every real estate professional in Santa Barbara County fully anticipated: Neverland no longer belongs to Michael Jackson. The new owner of the 2,500-acre trophy property? That was even less of a surprise: Sycamore Valley

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Posted in Cattle, Equestrian, Eric OKeefe, Farming, Feature, News Desk, Pacific, Recreation, Regional News, Residential Property, Topics

Potential for Massive Wildfires Next Summer in the West

The great plague that is the pine beetle infestation has now destroyed millions of acres of timber across the western U.S. and into Canada. The extent of this calamity is so enormous that last month we covered the devastation at

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Posted in Conservation, Eric OKeefe, Feature, News Desk, Public Land, Recreation, Regional News, Timber, Topics, West

Sold! Montana’s 15,800-acre Bar Diamond Ranch

There seems to be no sign of an economic fallout in Montana’s still strong recreational land market. That’s the takeaway from the Billings Gazette, which reports that the 15,800-acre Bar Diamond Ranch has closed.

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Posted in Cattle, Feature, Great Plains, Hunting, Recreation, West

Sold! $50 Million of Recreational Land at Midwest Auction

These days investing in the stock market is not for the faint of heart, and in markets from coast to coast thousands of developer-owned condos now sit vacant. But when it comes to land, there’s no shortage of motivated buyers. That’s the takeaway

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Posted in Auctions, Eric OKeefe, Farming, Feature, Hunting, Midwest, News Desk, Recreation, Regional News, Timber, Topics

Slowdown Forecast for Texas Land

Ag economists at Texas A&M are predicting that the red-hot Texas land market will lose its sizzle next year. Since 2003, land prices have increased an average of 14.5 percent annually, and with the median price statewide approximately $2,300 per acre, that

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Posted in Cattle, Energy, Eric OKeefe, Farming, Feature, Hunting, Minerals, News Desk, Recreation, Regional News, Southwest

Tiger Woods Debuts First U.S. Course in North Carolina

When it comes to golf course design, the Big Three has now become the Big Four. Developers looking to entice buyers with courses designed by Jack Nicklaus, Tom Fazio, and Robert Trent Jones can now add Tiger Woods to the list

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Posted in Feature, Golf, Recreation, Regional News, Residential Property, South, Topics

Florida Renegotiates Largest U.S. Land Purchase of 2008

The $1.75 billion purchase by the state of Florida of 187,000 acres in the Everglades belonging to U.S. Sugar has been renegotiated and substantially bettered. The state will no longer take title to the company’s high-tech mill, its citrus processing plant,

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Posted in Conservation, Eric OKeefe, Farming, Feature, News Desk, Public Land, Recreation, Regional News, South, Topics, Water

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