As snow began to fall on Christmas Eve, a White Christmas seemed a tantalizing possibility for many Marylanders. At Wisp Resort in Garrett County, however, it became a reality — and the snowfall delivered more than holiday cheer.
HAGERSTOWN — A bankruptcy court judge has approved the sale of Maryland’s only ski resort to a unit of a Kansas City-based real-estate investment trust for $23.5 million. A judge in Greenbelt approved the sale of the Wisp resort to EPT Ski Properties, a unit of EPR Properties, on Tuesday. The judge also approved the […]
HAGERSTOWN — The financially strapped owners of Wisp, Maryland’s only ski resort, asked a bankruptcy court judge Friday to approve a sale of the property to a unit of Entertainment Properties Trust, a Kansas City-based real-estate investment trust, for $20.5 million. D.C. Development LLC of McHenry said the proposed sale, unless topped by a better […]
GREENBELT — The owners of Maryland’s only ski resort say they’re talking with two potential buyers and hope to announce a sale or reorganization plan by early October. Wisp resort owner D.C. Development LLC revealed the negotiations Thursday in a U.S. Bankruptcy Court filing in Greenbelt. The group currently faces an Aug. 10 deadline for […]
POWELL, Idaho — After a day on cross-country skis in the Bitterroot Range along the Idaho-Montana border, the dinner of spaghetti with elk meat was just the thing. We had driven the 58 miles from Missoula, Mont., to northern Idaho’s Lochsa River corridor for a long weekend of Nordic skiing, the scenery a dazzling composite […]
MCHENRY — The owner of the Wisp ski resort in McHenry says it has filed for Chapter 11 bankruptcy protection. D.C. Development LLC said Sunday that its filing Saturday in U.S. Bankruptcy Court in Greenbelt gives it some breathing room to seek new investors during its reorganization. The filing stems from the partners’ alleged default […]
MCHENRY — The owners of Maryland’s only ski resort say they’re considering selling the landmark property to resolve financial problems linked to a slide in home construction around nearby Deep Creek Lake. Karen Myers says selling the Wisp Resort is the last option she and her partners in DC Development LLC would pursue to repay […]
STEAMBOAT SPRINGS, Colo. — Parents nervous about sending their children off to ski or snowboarding school may fret over the possibility that their kids might be cold or get hurt, but now they no longer need to worry that they’ll get lost on the mountain. Nearly a dozen ski resorts worldwide are starting to use […]