Receiver Sale: Two Resort Properties

THE OPPORTUNITY

• Receiver sale of two complementary Upper Midwest destination resorts - Four Seasons Island Resort (55 keys, Pembine, WI) and Pine Mountain Ski & Golf Resort (89 keys, Iron Mountain, MI) - available individually or as a portfolio
• Each offered fee simple, unencumbered by debt and management, providing new ownership full operational flexibility
• Compelling basis advantage with each asset priced at a meaningful discount to replacement cost
• Rare value-add repositioning play with immediate upside through management transition, revenue optimization, and cost restructuring
• Irreplaceable four-season resort settings that include a private island on the Menominee River and an integrated ski/golf destination in Michigan's Upper Peninsula
  
• Diversified lodging mixes including suites, cabins, and multi-bedroom residences with kitchen-equipped units supporting family, group, and extended-stay demand
  
• Robust amenity platforms spanning ski operations, championship golf, indoor pool, spa, tennis, and multiple F&B venues
  
• Meaningful event and group infrastructure positioned to capture weddings, retreats, and corporate conferences
  
• Regional drive-to leisure demand from Northern Wisconsin, the Upper Peninsula, and the Green Bay/Marinette corridor, with year-round recreation anchors including skiing, golf, fishing, hunting, and snowmobiling