Wisp Ski Resort Will Soon Have New Owners
By: Lynn Lawson
Updated: December 10, 2012
GARRETT COUNTY, MD - It looks like Maryland's only ski resort could soon have a new owner.
Last week a bankruptcy court judge approved the sale of Wisp in Garrett County to EPT Ski Properties, a unit of EPR Properties based out of Kansas City, for $23.5 million.
The resort filed for bankruptcy last year after defaulting on nearly $30 million in loans used to build a golf course community.
A judge also approved the sale of that golf course and other land to National Land Partners for $6.1 million.
Official closing dates of the sales are expected sometime this month.
Last week a bankruptcy court judge approved the sale of Wisp in Garrett County to EPT Ski Properties, a unit of EPR Properties based out of Kansas City, for $23.5 million.
The resort filed for bankruptcy last year after defaulting on nearly $30 million in loans used to build a golf course community.
A judge also approved the sale of that golf course and other land to National Land Partners for $6.1 million.
Official closing dates of the sales are expected sometime this month.
