NOTABLE RECENT NOTABLE RECENT PROJECTS Angel Fire Resort Angel Fire, NM Whiteï¬پsh Ski Resort Whiteï¬پsh, page 1

NOTABLE RECENT NOTABLE RECENT PROJECTS Angel Fire Resort Angel Fire, NM Whiteï¬پsh Ski Resort Whiteï¬پsh,

  • View
    0

  • Download
    0

Embed Size (px)

Text of NOTABLE RECENT NOTABLE RECENT PROJECTS Angel Fire Resort Angel Fire, NM Whiteï¬پsh Ski Resort...

  • NVC’s team of golf course and golf resort experts understands that golf courses and golf resorts are recreational enterprises that represent an investment in real estate, personal property, inventory, personnel, and intangibles. A well produced appraisal will enable the lender/underwriter to calculate financial ratios and determine their exposure in a golf course /real estate loan. Prudent golf course investors enlist the services of independent valuation experts such as NVC, thereby enabling them to make informed golf course purchase decisions and sound capital investments.

    Golf courses are also big business, often with operating budgets well over $1 million. Financial success for a course or club often depends upon accurate and timely solutions to these challenges.

    SKI AREA CONTACTS

    SKI AREA VALUATION & ADVISORY SERVICES

    NOTABLE RECENT PROJECTS Angel Fire Resort Angel Fire, NM Whitefish Ski Resort Whitefish, MT Sunlight Mountain Resort Glenwood Springs. CO Crested Butte Mountain Resort Crested Butte, CO Crystal Mountain Resort Enumclaw, WA Snowbird Resort Salt Lake City, UT Mount Sunapee Ski Resort Newbury, NH Moonlight Basin Resort Big Sky, MT Telluride Ski Resort Telluride, CO Durango Mountain Resort Durango, CO Northstar California Ski Resort Truckee, CA Squaw Valley Ski Resort Olympic Valley, CA Okemo Mountain Resort Ludlow, VT Bogus Basin Boise, ID

    Ski area valuations commonly include the ski business enterprise, related ski area real estate holdings, unrelated excess real estate holdings, and other included business enterprises such as golf courses, transit services, real estate management services, and summer operations.

    Most ski resorts operate on a combination of fee simple, special use permit or leasehold land. Ski resorts are commonly located on federally owned land (U.S. Forest Service or Bureau of Land Management) or state-owned land. Appraisers must consider leasehold interests, leased fee interests, special use permits, access easements, tangible and intangible assets, land use constraints, water rights, environmental concerns, master plans, and a myriad of land development issues.

    Our professional appraisal team is trained to work with clients to answer specific valuation questions regarding all aspects of ski area appraisal assignments. This includes a detailed analysis of economic conditions, climate patterns, demographic changes, skier visits, and gross income and operating margins ultimately affecting the underlying EBITDA.

    Brian Stafford, SRA Senior Vice President 303.301.8003 bstafford@nvcinc.com

    Dave Clark, MAI Senior Vice President 303.301.8025 dclark@nvcinc.com

    Matt Ansay, MAI President 303.301.8001 mansay@nvcinc.com

    Larry Stark, MAI CEO 303.301.8000 lstark@nvcinc.com

    Atlanta • Chicago • Dallas • Denver • Houston • NY/NJ Metro • Tampa | www.nvcinc.com Corporate Headquarters | 7807 E. Peakview Ave. Suite #200 | Centennial, CO 80111 | 303.753.6900

Recommended

View more >