SACRAMENTO-KSL Capital Partners LLC is purchasing all the sharesof The Squaw Valley Development Co. This deal will be closedtowards the end of next month.

The Squaw Valley Development consists of the Village at SquawValley, Squaw Valley USA ski operations and other real estateholdings. Vail Resorts Inc. has bought Northstar-at-Tahoe Resortsituated in North Lake Tahoe for $63 million in October. KSL isplanning to invest more than $50 million to improve Squaw Valley.For the full story, go to Sacramento BusinessJournal.


GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.

Want to continue reading?
Become a Free ALM Digital Reader.

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.