KIRKWOOD, CA-Kirkwood Mountain Resort situated in Lake Tahoe will soon change hands. Broomfield, Colorado-based Vail Resorts Inc. has agreed purchase Kirkwood resort for $18 million.

The deal also involves land zoned for commercial and residential development around the base of Kirkwood Mountain Resort. The resort owners will retain 100% interest in the single family subdivisions in The Palisades and Martin Point and two upcoming developments at East Village and Timber Creek. For the full story, go to San Francisco Business Times .


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

NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.