Recent News

April 2014 Successfully completed closing of the sale of a $1.7 million Boulder County office building to be occupied by a successful food service entrepreneur.

Publicly announced the successful closing of the May 2012 partnership of renowned Frasca Food and Wine restaurateurs Bobby Stuckey and Lachlan Patterson with Chipotle Mexican Grill in the formation of PL Restaurant Holdings, LLC. The firm assisted Stuckey and Patterson in the structuring of their new partnership with Chipotle, which expands Boulder’s successful Pizzeria Locale into a new fast-casual pizza concept restaurant of the same name. The new Pizzeria Locale franchise merges Stuckey and Patterson’s traditional Naples-inspired pizzeria with Chipotle’s commitment to premium ingredients and interactive service. The partnership’s first restaurant opened in Denver in May 2013, with plans for additional restaurants in the Denver market coming soon.

Closed on the sale of 288 acres of deeded land and a conservation easement encumbering an additional 111 acres in Eagle County, Colorado, valued at approximately $3,520,000.

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.

Completed the sale of 660 acres of agricultural lands, water rights and mineral rights for approximately $7,575,000 to the City of Boulder and Boulder Municipal Property Authority to be preserved as part of the City’s open space program.

Completed the sale of historic Jackson County Michigan River cattle and hay ranch consisting of nearly 10,000 deeded acres, water rights, mineral interests, multiple homes, farm and ranch equipment, and over 4,500 acres of BLM and State Land Board leased lands for approximately $18 million.

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