Project Overview
SVN | Northco was hired as the seller’s representative for the sale of the Pine Mountain and Timberstone® Golf and Ski Resort in Iron Mountain, MI (“Pine Mountain”), and as the seller’s representative for the sale of the (at the time closed) Four Seasons Island Resort in Pembine, WI (“Four Seasons”). These were two different selling groups.
SVN | Northco was able to successfully transact these two complicated resort projects in a rural area at the Wisconsin-Michigan border to one buying group that had never purchased a hospitality asset before. The combined sale resulted in Four Seasons being reopened and Pine Mountain being thoroughly renovated to serve the generations of loyal customers.
This project is a great example of how SVN | Northco is able to find creative solutions to difficult transactions; in this case they closed on the sale of two resort projects at once that may not have closed on their own.
"We will surely use the services of SVN in the future."
"We recently purchased Four Season’s Island Resort, in Pembine, WI. Frank Jermusek, J.D., of SVN | Northco Real Estate Services, was the selling agent. Frank was responsive to our requests for the information we required to complete our due diligence. His knowledge of the property and expertise in facilitating a successful and timely closing was invaluable to us. We will surely use the services of SVN in the future."
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Project Summary
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