Mount Baldy Ski Area British Columbia Canada
It has been a long time for an update, not only that, for many of us it was a long dreary winter with little or no skiing whatsoever. As for myself I spent the winter in Vancouver, taking opportunities to ski as many areas as I could! While I had lots of fun at most of the areas, it sure made me miss the great terrain, snow quality, and turns with dear friends at Mt. Baldy. Many of our staff skied other areas last winter all the way out to the Kootenays and have similar stories but note... BALDY IS SPECIAL!
That all said if there ever was a year not to open, last year was it. With the lack of snowfall early season we would have missed the entire Christmas holidays, having not been able to open on a limited basis until January 16th, full operation would not have been until second week of February.
Throughout the winter, our ownership group has worked behind the scenes tirelessly to find a resolve that would allow us to return to sustainable operations. What has revealed itself is the complexity surrounding the issues, this has lead to countless delays and having to dig for answers to more questions than anyone had imagined. What the end result is that G-Force Group has been retained with a mandate to sell the assets. I am hopeful that with G-Force Group's background a qualified buyer can be identified and sale of the ski area will be completed in a timely manner. In the meantime plans are being drawn up for different scenarios including having to prepare for a ski season this year with short lead times.
Undoubtedly many of you have questions regarding who G-Force Group is as well as their role. A press release is included below. Due to the timely nature and sensitivity, I would ask that all questions related to G-Force Group's participation and questions related to the sale of the hill be directed to the G-Force Group using the contact info in the press release.
On behalf of the ownership group, staff and now G-Force Group, I would like to give a BIG THANKS to all the Cabin owners as well as thank all the skiers/boarders that have been supportive and loyal over the years, especially as of recent. Not for a second have I doubted Mt. Baldy's future, while we are experiencing some current uncertainty, the realization that "BALDY IS SPECIAL" will be the foundation that ensures a bright future.
Sale of Assets of Mount Baldy Ski Corporation
& Related Companies under Foreclosure
Vancouver, B.C., July 21, 2014 - G-Force Real Estate Inc. of Vancouver, B.C. has been appointed Marketing Agent for a secured creditor who has received conduct of sale from the Supreme Court of British Columbia under a foreclosure action to sell most of the assets of Mount Baldy Ski Corporation and related companies. The primary objective of the Marketing Agent is to find a buyer who will be able to complete an acquisition in time to operate the resort for the upcoming 2014-15 ski season. For more information on the sales process and the details of the assets for sale go to: http://www.g-forcegroup.ca/sale-of-assets-mount-baldy/ <http://www.g-forcegroup.ca/sale-of-assets-mount-baldy/>
Mount Baldy Resort is located in the south Okanagan Valley of British Columbia just north of the Canada-US border and east of nearby Osoyoos and Oliver. With a base elevation of nearly 5,700 feet, the resort boasts one of the highest base elevations, most sunshine and lightest powder of any ski resort in the Okanagan. The resort offers a purchaser significant opportunities for recreation and real estate development.
G-Force Real Estate Inc. of G-Force Group www.g-forcegroup.ca <http://www.g-forcegroup.ca> draws on its extensive experience in restructuring, performance improvement, corporate finance and several industries to assist stakeholders in enhancing or recovering their investments and loans from businesses, real estate and construction projects in a variety of industries including real estate development, hospitality, leisure, and other industries in British Columbia and Alberta.
Neil Atchison, P.Eng.
Associate Director & Associate Broker
Gary Powroznik, FCA, CIRP
Managing Director & Managing Broker
#780-333 Seymour St | Vancouver, BC V6B 5A6
Enjoy this quick video taken pool side at this years version of the Slush Cup. A huge thanks to everyone who participated and those who came to watch the show.
Did you know Baldy has multiple ways for you too keep in touch and up to date with what's happening around the hill. Over the course of the season and off season we will continue to keep you updated with social media sites like Facebook, Instagram, Pinterest, Twitter, Youtube and Vimeo. Through these sites you can stay up to the minute with what's happening at your favorite hill. Join, Like and follow one or all of these feeds this winter and you won't miss a thing.
Click the Youtube button to follow.
And you can always just check our website for the scoop on Baldy.
Join us as we move forward into the 2012-2013 season! There is alot to be excited about this year so follow us every step of the way!!! See you on the slopes