crossharbor capital: CrossHarbor Capital Gains Yellowstone Club in Big Sky, Montana - 05/19/09 01:53 AM

 
 
Ushering in a new era for the Yellowstone Mountain Club, Sam Byrne's Boston-based Crossharbor Capital has won control of Big Sky, Montana's Yellowstone Club with a bid of $115 million.
Judge Ralph Kirscher ok'd the bid, which includes Sam Byrne's commitment to inject up to $75 million into the Club, with $19 million dedicated to pay unsecured creditors, most of whom are regional business owners.
The Yellowstone Club is a private 13,600 acre ski and golf community in Big Sky, MT.
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