Successfully completed $20 million equity raise through sale of limited liability company membership interests in Poconos Equity Investors, LLC, a Wisconsin limited liability company, as part of a planned $146 million expansion of the 160-acre Camelback Mountain Resort in Tannersville, Pennsylvania. The expansion will comprise approximately 570,000 square feet, including a 413-unit hotel containing 453 accommodation rooms and a 125,000 square foot indoor (year-round) waterpark. The project will boast an array of amenities, including ski-in/ski-out access, restaurants, a family entertainment center, a conference center and a spa and fitness center. The project is fully entitled and designed, and construction has already begun with an opening planned by the winter of 2015/2016.