After originally being hired as the seller’s representative for the sale of Caribou Highlands Lodge in Lutsen, MN, SVN | Northco was ultimately engaged to be the seller’s representative for the sale of the entire Odyssey Resorts portfolio after receiving an unsolicited offer from an investment management group shortly after bringing Caribou Highlands to the market.
The Odyssey Resorts portfolio is comprised of six resorts that are located along the highly awarded North Shore of Lake Superior:
- Caribou Highlands Lodge (Lutsen)
- Beacon Pointe (Duluth)
- Breezy Point on Lake Superior (Two Harbors)
- Grand Superior Lodge (Two Harbors)
- Larsmont Cottages (Two Harbors)
- East Bay Suites (Grand Marais)
SVN | Northco was able to successfully transact the portfolio, and SVN | Northco elected to invest in the portfolio and is now a co-owner, continuing its tradition of investing in healthy resort assets across the Midwest (and beyond).