SVN | Northco was hired as the listing broker for the sale of the Wild Eagle Lodge, a sprawling, full-service lakeside resort in Eagle River, Wisconsin. This resort features 76 condominium homes, of which 32 were owned and another 40 were non-owned but in the rental pool (at the time of sale), a restaurant, event space, and numerous resort amenities.
SVN | Northco was able to successfully transact the property to a group that had never purchased a hospitality asset before, and SVN | Northco elected to invest in the resort and is now a co-owner. Since the closing of the sale, SVN | Northco has consulted on the management of the operation, which has ensured its continued success and profitability.
"I cannot say enough good things about SVN | Northco."
"We entered into an agreement with SVN | Northco to list our management company, the Blue Heron Restaurant and thirty-two condominium units we owned at the Wild Eagle Lodge.
SVN put together a wonderful Investment Memorandum that they sent to individuals and companies throughout the United States. They worked very hard, were quite imaginative, helped with business plans and even banking relationships. They did a spectacular job that ended up with a successful sale that benefited both buyer and seller. I cannot say enough good things about SVN | Northco, Frank Jermusek and his very professional and hard-working staff. I would be very happy to be associated with them again in the future."
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Odyssey Resort Portfolio
6 Resorts • North Shore Lake Superior