mthoopsfan
Well-known member
"Cross Harbor Capital and Lone Mountain Land Co. have shown a great commitment to being a long-term academic partner with MSU and to helping the university achieve its goals for the hospitality management and culinary arts programs, according to Terry Leist, MSU vice president of administration and finance. He said Cross Harbor Capital/Lone Mountain Land Co. was one of four entities to submit a proposal for the project."
Cross Harbor is the Boston private equity firm controlled by Sam Byrne. Long Mountain is its real estate company at Big Sky. I believe Cross Harbor owns the Yellowstone Club, Moonlight Basin and Spanish Peaks, and also owns much of the debt of Big Sky/Boyne.
Cross Harbor/Lone Mountain bought the Big Sky Town Center land and assets in 2022. That's the flat land across the road from the golf course in the Meadow Village.
Cross Harbor/Lone Mountain owns and runs the Wilson Hotel in the Town Center. The Wilson is a Marriott hotel. The Griz stayed there before the 2022 game.
"BIG SKY – Local developer Lone Mountain Land Company acquired the remaining undeveloped residential and commercial land in the Town Center in a deal that closed Tuesday. The original developers of Town Center, the Simkins family, sold the approximately 500 acres and applicable development rights and with it their remaining interests in Town Center.
LMLC, a local development arm of Boston-based investment firm CrossHarbor Capital Partners, plans to “move slowly on building things out,” according to LMLC and CrossHarbor Managing Director Matt Kidd. While LMLC envisions a mix of residential, commercial, hospitality and other development, Kidd said nothing specific is planned at this stage and no further building will occur in 2022.
The Simkins family purchased the land for Town Center in 1970 and began acquiring development rights in the ‘80s. By the early 2000s, development had begun to rise from what was once little more to the eye than a vast sagebrush field. Today, the development includes more than 250 residential units, according to an LMLC statement, and many commercial units including a host of restaurants, bars, music venues, retailers, grocery stores and a hotel. It’s home to the hospital, the new community center, Len Hill Park, the movie theater and a network of trails along with several other community staples."
My uncle Bob and aunt Jean made a darn good purchase in 1970, I would say.
Cross Harbor is the Boston private equity firm controlled by Sam Byrne. Long Mountain is its real estate company at Big Sky. I believe Cross Harbor owns the Yellowstone Club, Moonlight Basin and Spanish Peaks, and also owns much of the debt of Big Sky/Boyne.
Cross Harbor/Lone Mountain bought the Big Sky Town Center land and assets in 2022. That's the flat land across the road from the golf course in the Meadow Village.
Cross Harbor/Lone Mountain owns and runs the Wilson Hotel in the Town Center. The Wilson is a Marriott hotel. The Griz stayed there before the 2022 game.
"BIG SKY – Local developer Lone Mountain Land Company acquired the remaining undeveloped residential and commercial land in the Town Center in a deal that closed Tuesday. The original developers of Town Center, the Simkins family, sold the approximately 500 acres and applicable development rights and with it their remaining interests in Town Center.
LMLC, a local development arm of Boston-based investment firm CrossHarbor Capital Partners, plans to “move slowly on building things out,” according to LMLC and CrossHarbor Managing Director Matt Kidd. While LMLC envisions a mix of residential, commercial, hospitality and other development, Kidd said nothing specific is planned at this stage and no further building will occur in 2022.
The Simkins family purchased the land for Town Center in 1970 and began acquiring development rights in the ‘80s. By the early 2000s, development had begun to rise from what was once little more to the eye than a vast sagebrush field. Today, the development includes more than 250 residential units, according to an LMLC statement, and many commercial units including a host of restaurants, bars, music venues, retailers, grocery stores and a hotel. It’s home to the hospital, the new community center, Len Hill Park, the movie theater and a network of trails along with several other community staples."
My uncle Bob and aunt Jean made a darn good purchase in 1970, I would say.