Whistler Mountain Bike Park in Canada, site of the Kokanee Crankworx and Red Bull Exodus, is being put on the auction block on February 19. Intrawest ULC, owners of the Whistler and Blackcomb mountain resorts, are reported to have missed payments on a $1.4 billion (yes, with a ‘B’) loan last month.Via Bikerumor.
The lenders, which include Lehman Brothers and Davidson Kempner, hope for a speedy sale of Intrawest in one transaction. The assets include more than a dozen resort properties, including Mont Tremblant in Quebec, Steamboat and Winter Park in Colorado and Squaw Valley in California.
Sunday, January 24, 2010
Whistler Bike Park For Sale
Interesting news about Whistler's Bike Park (with a slight NorCal angle):