Y U So Mad?

Set Your Vacation Plans for the Best Ski Resorts in Lake Tahoe

Jul
24

In recent years, Lake Tahoe ski resorts have become top destinations for a winter ski vacations. Lake Tahoe has an average snowfall of approximately 250 inches every season with additional ‘fake snow’ added as needed during the season. Elevations on the mountains range from 7,500 – 9,000 feet.

But that’s not all. Squaw Valley and Alpine Meadows also have a full schedule of events in the mountains and the pool during the summer months. The majestic mountains are open for incredible hiking and biking.

Squaw Valley Ski Resort is located on the grounds of the 1964 Olympic Stadium and Village, which has been managed by Andy Wirth since 2010. Wirth is a hands-on leader at http://squawalpine.com, and he immediately began a six million dollar renovation to make it an outstanding resort for skiing.

He rebuilt two ski lifts, improved the grounds and rebuilt parts of the lodge, but he didn’t stop there. In 2015, Wirth announced to the public that Squaw Valley was building a Gondola that would unite Squaw Valley to their new acquisition, Alpine Meadows Ski Resort, and this would be a huge attraction. Whether for the summer or the winter, the connection between the two resorts would increase the popularity of these two destinations.

This connection has been tickling the ears of Tahoe skiers since 2011. Wirth has actively been working on the development and plans as he is also drawing up plans to enlarge the base of the Village.

Wirth is continually improving the resorts. Squaw Valley was internationally known in 1964 when the resort hosted the Olympics, and today Wirth is improving the resort to create one of the best ski resorts worldwide with the best amenities of the Lake Tahoe Vacation Resorts.

Squaw Valley Holdings and Andy Wirth are not all about the tourists, though. Squaw Valley Alpine Meadows Foundation or SAF is a 501C non-profit organization that is “paying it forward” for many young people with scholarships and education. The organization is supporting coaches and athletes in the community, too.

Donations are accepted so that it can reach more people in trail races, athletes who are performing on the mountains of Squaw Valley/Alpine Meadows, and those that are supported by scholarships. The skiing experience in Squaw Valley and Alpine Meadows will excite every member of your family when you visit the spectacular mountains here in North Lake Tahoe.

Devco On the Hook Until Million Dollar Payments Resolved

Jul
06

When you consider the possibilities of any organization to conduct business, the first thing that they actually need is the capital and the cash to be able to do so. People need paid, whether in the form of salaries and insurance down to the suppliers and materials themselves. However, when you look into the recent questions surrounding a loan like the one on the Press of Altantic City, it starts to become very difficult to even conceive why a company would want to do business with an organization that falls multiple millions of dollars behind on a loan.

When you consider a company like DEVCO that is only trying to create a top of the line hotel and conference center, you also have to consider the events behind this situation. On the one hand it can be difficult to work with organizations that aren’t able to fulfill their promises and repay their debts. Then again, on the other hand how can you really assign blame to a company that may have been trying to create jobs and revitalize an area and just so happened to do so during one of the harshest economic times in recent history? The fact remains that Devco is a tremendous developer of properties and real estate investments. That being said, the current questions surrounding a loan of $20 million look to a major red flag for anyone who wants to do business with them.

It appears as though Devco is going to need to find out how to correct this current situation. As many people are trying to decide what this means for them, the fact of the matter remains that in this Devco deal and loan more than $1 million was just missed in a payment due, and more than $7 million is now in arrears on the loan that was originally $20 million.