Special offer

5 CDP Resorts sold to Macfarlan Capital Partners (1,000's of premium acres)

By
Managing Real Estate Broker with Alpine Lakes Real Estate Inc., NHRE# 02863

Centex Destination Properties, sells South Peak Resort at Loon Mountain NH, Bear Lake Reserve in North Carolina, and Point West development along with two other Texas Development sites. This multi-million dollar buyout was finalized yesterday, when Macfarlan added the newest acquisitions to their multi-billion dollar portfolio of real estate investments. Further development and amenities build out will be expected in the overall business plan. New money should add value to these sluggish luxury developments, while Centex stock was down significantly and hampered development plans the Management at Macfarlan are in a better position to capitalize on these spectacular locations and existing infrastructure.For those in a buying mood these locations will offer a good value for customers seeking a life style resort with high-end features. The newly acquired properties offer ocean front, lake front , golf side and ski slope locations. They were originally developed for their unique locations and no expense was spared in the design of these fabulous resorts.

For more information on the South Peak Development at Loon Mountain in Lincoln New Hampshire, and our currently approved In-house builder visit our web sites www.alpinelakes.com  and  www.cargillconstruction.com

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                                                                                                                                                                              Your-White Mountain New Hampshire real Estate Expert

                    steve@alpinelakes.com toll free 800-926-5653 /cell 603-381-7898

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    Grafton County NH MLS search

Scott Mosher
Northstar Realty Sales - Lincoln, NH
Loon Mountain Real Estate, Lincoln & Woodstock NH
Very informative.
Apr 26, 2008 02:28 PM
Steve Loynd
Alpine Lakes Real Estate Inc., - Lincoln, NH
800-926-5653, White Mountains NH
It remans to be seen how this sale will affect our market, but overall I think it will be good long term for the area. Thanks for the visit Scott. Steve
Apr 27, 2008 12:09 AM