Steve Windsor

Steve Windsor 2 years, 4 months ago on Utah firm buys $57M debt on Trailhead Lodge in Steamboat

I don't think they paid $57M for the loan, they must have bought it for a substantial discount given the nature of the debt. Otherwise it wouldn't make sense. I know a business attorney that worked with Silver Leaf in a few transactions last year. Said he was very impressed with those guys. Maybe now trailhead will be able to move forward and sell their remaining units at a price more relative to todays market.