Sunday, August 28, 2011

Livestock Style Auction for Victoria Ski Resort Real Estate

Developer makes a sharp exit from Falls Creek resort, selling 74 properties and 3 retail spaces for just under $13 million.

Hot bargains in ski market
'I think that all we did was we brought a lot of people in and we established the market price.
''And that's the real price up there, that's the value,'' he said.
Mr Schwartz and Mr Fraser developed the three Falls Creek resorts St Falls, Huski and Silverski between 2005 and 2009 at a total cost of $100 million.

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