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Golf Courses & Golf Travel / Deeds and Weeds

People connected to some of the last decade's splashiest (and now most troubled) golf course communities have sued Credit Suisse for $24 billion, accusing the bank of "predatory" lending practices that overburdened their projects with...

Monday, 1/4/2010 at 10:26AM

Posted by Peter Finch

keywords:: Beau Blixseth,; Credit Suisse,; Edra Blixseth,; Ginn Sur Mer,; L.J. Gibson

Golf Courses & Golf Travel / Deeds and Weeds

The exclusive SouthShore Golf Club at Lake Las Vegas is headed for foreclosure, the Las Vegas Sun is reporting today.SouthShore, a Jack Nicklaus design that's ranked by Golf Digest as ninth best in Nevada, is...

Wednesday, 8/12/2009 at 2:31PM

Posted by Peter Finch

keywords:: Jack Nicklaus,; Lake Las Vegas,; Nevada,; Reflection Bay,; SouthShore Golf Club

Golf Courses & Golf Travel / Deeds and Weeds

Lake Las Vegas is closing its Reflection Bay course, the Wall Street Journal reports here.The high-end, once-high-flying resort says it’s shuttering the Jack Nicklaus-designed Reflection Bay course because it is worth “significantly less” than the...

Wednesday, 6/24/2009 at 10:05PM

Posted by Peter Finch

keywords:: Carmel Land & Cattle,; Jack Nicklaus,; Lake Las Vegas,; Reflection Bay,; South Shore Club

Golf Courses & Golf Travel / Deeds and Weeds

A bankruptcy judge has used the word "predatory" to describe Credit Suisse's lending to several high-end golf developments and decided it will lose its place in the list of creditors hoping for money from Montana's...

Wednesday, 5/13/2009 at 8:30AM

Posted by Peter Finch

keywords:: Credit Suisse,; Edra Blixseth,; Jeff Barcy,; Lake Las Vegas,; Promontory

Golf Courses & Golf Travel / Deeds and Weeds

An outfit called Village Hospitality LLC apparently has taken control of Ritz-Carlton Lake Las Vegas in Henderson, Nev. The deal went through in late February and was announced only yesterday, according to the Las Vegas...

Wednesday, 3/25/2009 at 10:47AM

Posted by Peter Finch

keywords:: Bankruptcy,; Lake Las Vegas,; Ritz-Carlton,; The Falls,; Village Hospitality

Golf Courses & Golf Travel / Deeds and Weeds

Utah's luxury ski-and-golf resort Promontory is no longer in bankruptcy protection. A U.S. bankruptcy judge approved a reorganization plan today that will let creditors take control, reports the Ogden Standard-Examiner. Promontory has two well-liked...

Thursday, 3/12/2009 at 2:54PM

keywords:: Bankruptcy protection,; Credit Suisse,; Economy,; Jack Nicklaus,; Lake Las Vegas

Golf Courses & Golf Travel / Deeds and Weeds

There's quite a good story on Bloomberg.com today about the huge sums Credit Suisse lent to a number of now-struggling luxury resorts, including Tamarack, Promontory, Yellowstone Club (pictured) and Lake Las Vegas. The article...

Thursday, 3/5/2009 at 9:19AM

keywords:: Credit Suisse,; Economy,; Edra Blixseth,; Lake Las Vegas,; Private Clubs

Golf Courses & Golf Travel / Deeds and Weeds

Avid followers of the Yellowstone Club saga have more to chew on this afternoon. Creditors owed money by the luxury Montana golf-and-ski development, now in bankruptcy protection, want to sue Credit Suisse over an...

Thursday, 2/12/2009 at 1:42PM