yellowstone club: Ended - Montana Mountain Luxury Homes Auction March 2012 Spanish Peaks
- 02/07/12 08:17 AM
One of the Yellowstone Club Homes, Three Spanish Peaks Resort Luxury Properties Was Auctioned - Properties No Longer For Sale SOLD! - One of the four Big Sky MT luxury properties going to auction March 2, 2012 is set in the exclusive, gated Yellowstone Club, which offers both private downhill skiing, snowboarding, and golfing, This YC property is a ~4,806 sq ft, 4 bedroom, 6 bathroom luxury house with private ski bridge and had been listed with the Yellowstone Mountain Club for a little under $5 million.
Yellowstone Club luxury homes' sites and fabulous amenities are built around 2,200 skiable acres, … (1 comments)
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yellowstone club: Big Sky Yellowstone Club Sale Finalized
- 08/07/09 05:21 AM
The 13,400 acre, private golf and ski enclave, Yellowstone Club (YC) sale to CrossHarbor Capital is finalized at a price of $115 million, according to Yellowstone Mountain Club's CB Richard Ellis. The Big Sky, Montana bankruptcy sale was finalized August 5, 2009, ending a long battle for control between Sam Byrne and Edra Blixseth. The many Yellowstone Club real estate and Montana luxury home choices include large homesites on which to build your own, custom luxury estate; on-the-mountain chalets; single-family custom homes; private ranches, or condos in either The Enclave or at Sunrise Ridge. Many of the Yellowstone Club real estate offerings include access … (0 comments)
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yellowstone club: 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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yellowstone club: Yellowstone Club Bankruptcy Ruling: Judge Kirschner Rebukes Credit Suisse
- 05/13/09 03:16 AM
On Tuesday, May 12, 2009, according to an article in NewWest.net, U.S. Bankruptcy Court Judge Ralph B. Kirscher declared, "that Credit Suisse actions in making a $375 million loan to the Yellowstone Club were "so far overreaching and self-serving that they shocked the conscience of this court," U.S. Bankruptcy Court Judge Ralph B. Kirscher on Tuesday ruled that Credit Suisse's secured claim to $232 million of the remaining $310 million loan balance would be "subordinated" to the claims of tradesmen, vendors and other unsecured creditors in the case."
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yellowstone club: Yellowstone Club Reaches Out in Big Sky Montana Time of Need
- 01/16/09 05:53 AM
Members of the exclusive Big Sky Montana Yellowstone Club recently came together and reached out in a big way to the Big Sky, Montana community. The Yellowstone Mountain Club donated over $100,000 to The Big Sky LIFT Fund, a relief fund created to assist Big Sky, MT families in these tough financial times of late 2009. Those eligible for the one-time Big Sky LIFT grant, must live or work in the Big Sky Resort Area Tax District.
Basically, it appears you could apply if you can demonstrate a reasonable financial need. You may be able to qualify if you have been adversely affected by the … (0 comments)
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yellowstone club: Big Sky, Montana: Short-Term Financing at Yellowstone Club Through Spring 2009
- 12/02/08 07:56 AM
From Moonlight Basin Ski Area to the private Yellowstone Club Resort, most of the Big Sky, Montana ski resorts concerns have been fixed for the winter and it's snowing here in southwest Montana. The skis are sharp, the bodies are willing, and 2-4 inches of snow are forecast for this evening; Big Sky's skiing and snowboarding season is here. Even the Yellowstone Club is back in business, which means work through the winter for its many employees. Because of a Loan by Boston's CrossHarbor Capital of $20 Million, the Yellowstone Club in Big Sky, Montana will survive winter 2008-2009. Bankruptcy Judge for the District of Montana, Ralph B. Kirscher, Esquire, approved short-term … (0 comments)
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yellowstone club: Geometric Strategy at The Yellowstone Club, Big Sky, Montana
- 11/26/08 09:55 AM
Two financial entities are battling for control of Big Sky, Montana's Yellowstone Club, which boasts memberships by some of the world's wealthiest... Both Credit Suisse and CrossHarbor Capital with financial help offered by some Club members, are battling for control of Edra Blixseth's bankrupt Big Sky, Montana Yellowstone Mountain Club: Credit Suisse, failing in its attempt to setup a seven-figure loan plan, argues that because it's owed over $300M by the Club it should maintain control and is trying to block a financing deal from Boston-based CrossHarbor Capital, which has offered $20 million to maintain the club through the winter skiing and snowboarding season.
Some Club members, … (0 comments)
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yellowstone club: Yellowstone Club Files Chapter 11 Bankruptcy - Big Sky Montana
- 11/11/08 12:23 AM
The Yellowstone Club, filed for bankruptcy Monday, November 10, 2008 after its inability to secure financing arrangements with its creditors and bondholders. Yellowstone Club spokesman, Bill Keegan said the Yellowstone Club filed Chapter 11 for protection in Montana federal bankruptcy court to protect the Club and its members.
Two months ago the Club, as it is called in the area, had announced it would begin new growth in conjunction with Arizona-based Discovery Land Company, but the recent national financial collapse forestalled this method.
Ensconced in Montana's Madison Range mountains, between the Gallatin and Madison Rivers, the gated, 13,400 acre Montana ski and golf resort opened … (0 comments)
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yellowstone club: Big Changes at the Yellowstone Club
- 09/05/08 08:59 AM
September 2, 2008 - Edra Blixseth, who recently won control of Big Sky, Montana's Yellowstone Club, and Sam Byrne, another major owner, have hired the Arizona-based Discovery Land Company, led by Michael Meldman, to manage the private golf and ski club in Big Sky, Montana. The new, concerted effort is to build infrastructure and improve amenities; finish construction projects postponed or delayed; and begin land planning and development projects, adding 450 residential, condo, and townhome residences in the coming months. Included in these endeavors are a Family Village adjacent to the Warren Miller Lodge, additional ski facilities on Eglise Mountain, completing the previously planned … (2 comments)
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yellowstone club: Yellowstone Club, Big Sky, Montana
- 07/05/08 12:54 PM
In the contentious, months-long struggle for control of Big Sky, Montana's Yellowstone Club, Edra Blixseth appears to have secured control of the Club from her husband, Tim Blixseth.
Edra Blixseth, who started the Mountain playground for the wealthy with her husband, Tim Blixseth, will receive Mr. Blixseth's 50% ownership interest and become Yellowstone's lone owner. The agreement is part of the Blixseths' divorce settlement, expected to be finalized in the coming weeks.
The arrangement may prove to be the denouement of the recent battle for the future of the Yellowstone Club.
Bozeman Real Estate Blog
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yellowstone club: World's Most Expensive House Nixed
- 03/28/08 05:32 AM
Tim Blixseth, founder of the 14,300 acre private ski and golf, tightly-gated community, the Yellowstone Club, (which is being sold) has sold the private 160-acre, skiable chunk of land on the Club's property, nixing his plan to build the "Pinnacle," the world's most expensive home, at 53,000 square feet and priced at $155 million.
The Pinnacle's plans, to be designed by Locati Architects, included a private ski lift to take skiers from inside the house to the top of the private, 2,200 skiable acre, 2,700 vertical feet, private ski area, boasting 400 inches of average annual snowfall and topping out at 9,860 feet. Pinnacle plans included a heated … (6 comments)
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yellowstone club: Cycling Great versus Timber Baron
- 02/22/08 05:37 AM
Tour de France champion, Greg LeMond, David and Sacia Morris, and Jorge Jasson, each invested $2 million to purchase ~1% of the total Yellowstone Club real estate in its early days of the late 1990s.
In May 2005, Yellowstone Club owner, Tim Blixseth tried to buy their shares for a total of $13 million, offering them each $1.25 million in cash and one undeveloped lot at the resort, valued at about $2 million, but the plaintiffs said this figure was a fraction of the true value.
Last year, the parties reached a $38 million settlement, plus attorney's fees. Blixseth paid the … (0 comments)
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yellowstone club: For Sale Big Sky Yellowstone Club $400 To $600 M
- 01/05/08 03:25 AM
Tim and Edra Blixseth, the divorcing couple who built the famed Yellowstone Club in Big Sky, Montana, plan to sell the club for between $400-$600 million. The "Club," as locals call it, is a private ski and golf community for the super-rich, boasting members like Bill Gates and Steve Burke. Membership is by invitation only and costs $300,000 to join, with annual membership dues above the $18,000 reported in the WSJ.
giving you the advantage...
Taunya Fagan Big Sky Luxury Homes 406.579.9683 taunya.fagan at prumt.com
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One of the Yellowstone Club Homes, Three Spanish Peaks Resort Luxury Properties Was Auctioned - Properties No Longer For Sale SOLD! - One of the four Big Sky MT luxury properties going to auction March 2, 2012 is set in the exclusive, gated Yellowstone Club, which offers both private downhill skiing, snowboarding, and golfing, This YC property is a ~4,806 sq ft, 4 bedroom, 6 bathroom luxury house with private ski bridge and had been listed with the Yellowstone Mountain Club for a little under $5 million.
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