Resort Developers
June 4, 2009 - Red Lodge developer Jeanne Rizzotto, Red Lodge MT
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Red Lodge developer files for bankruptcy Developer of High End Motorcoach Resort in Red Lodge, Montana Files for Chapter 11 Bankruptcy; Robert Trent Jones Owed $655,000 for Golf Course Design |
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April 17, 2009 - Pivotal Group & Promontory, Salt Lake City UT
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Bankrupt luxury community sold to same developer In a highly unusual bankruptcy outcome, the developer of a luxury golf community near Park City bought it back for pennies on the dollar Friday because the leading creditor was unable to scrape together a bid and nobody else was interested. |
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April 13, 2009 - Hotels in Bankruptcy, Nationwide
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More Hotels Facing an Uncertain Future Hotels have been struggling for months as businesses and individuals cut back on travel. But what was a bad situation is likely to turn worse as a rapidly growing number of hotels — including many high-end and luxury properties — are forced into bankruptcy or foreclosure in coming months. |
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Daufuskie Island Resort |
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March 20, 2009 - The Greenbrier Resort, White Sulphur Springs WV
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| The Greenbrier Resort first opened in 1778, yesterday the resort filed for chapter 11 bankruptcy - now Marriott might just save this grand property |  |
January 23, 2009 - Mona Lisa at Celebration, Celebration FL
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The Mona Lisa at Celebration filed for Chapter 11 bankruptcy reorganization last week, just several months after the condominium hotel opened. |
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| January 7, 2009 - Hard Rock Park, Myrtle Beach SC | |
Closing Time for a Rock Theme Park $400 Million Attraction in Myrtle Beach, S.C., Is Liquidating Just Nine Months After Opening |
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December 30, 2008- Ginn Company, Celebration FL
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| The credit crunch and slumping real-estate sales have forced struggling Central Florida-based resort developer and operator Ginn Cos. to file to liquidate assets in two of its Florida residential projects, the upscale Tesoro development in Port St. Lucie and Quail West, near Naples. |  |
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Update January 3, 2009 |
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December 17, 2008 - Carefree Resort and Daufuskie Island Resort, Carefree AZ; Daufuskie SC
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| Daufuskie Island Resort and Breathe Spa has laid off almost all its employees in the past three weeks, according to fired workers. In addition, a hotel owned by the resort's owners in Arizona - Carefree Resort has filed for bankruptcy. |  |
Full Story - Below
Update March 19, 2009 Daufuskie now Bankrupt & Closed Up |
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December 5, 2008 - Lusso Collection Destination Club, Minnetonka MN
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| The Lusso Collection filed for Chapter 11 bankruptcy today. The boutique destination club, which has more than 150 members and homes in 16 locations, will operate through the reorganization, and members will still be able to book stays at the club properties. |  |
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Update 1/24/09 |
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November 24, 2008 - Hernando Oaks Golf Club, Brooksville FL
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| Hernando Oaks Golf & Country Club filed for Chapter 11 bankruptcy protection, a day before property at the development was scheduled to be sold at a courthouse auction. |  |
November 23, 2008 - Vineyards Property LLC, Yakima WA
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| Vineyards Resort developers seek bankruptcy protection - 600 home sites, an 18-hole golf course, clubhouse, hotel, recreation center and Tuscan-themed village as a destination wine country resort are planned. |  |
November 12, 2008 - The Yellowstone Club, Montana
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Billionare Club Files For Bankruptcy The Yellowstone Club, which includes Bill Gates as a member, can't pay its creditors |
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Update February 25, 2009 Arrest Warrant Edra Blixseth |
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October 28, 2008 - Vail Plaza Development LLC, Vail CO
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| Vail Plaza Development has filed for Chapter 11 bankruptcy protection in an effort to buy time to secure funds after the economy soured a loan deal that was in the works. |  |