Resort Group Changes Ownership
For immediate release
Radium Hot Springs, BC – April 9, 2013 – Luxury Resorts West Capitol Corp (LRW) today announced that they have acquired the assets of Glacier Lake Investment Corp. Most notably, Bighorn Meadows Resort on The Springs Golf Course in Radium Hot Springs, True Key Resorts as well as an Equity stake in True Key Hotels and Resorts.
Who is Luxury Resorts West
Luxury Resorts West is a 100% privately owned Western Canadian Company focused on Resort Construction, Development, Sales &Marketing, Management, and Financing. The company principals have a combined total of over 50 years’ experience in the Resort development industry and have built and sold in excess of $110 million in Resort Real estate in Canada over the last decade.
“We believe now is the time to aggressively pursue and develop Resort Real Estate in Western Canada” says Randy Trapp, President and CEO of LRW. “We see our greatest potential in Rocky Mountain properties as well as ocean front locations specifically on Vancouver Island.”
In addition to its own development, LRW will continue to provide Project Management services, Sales & Marketing services as well as business management services to other Resort projects and developers through its True Key Resorts business.
Bighorn Meadows Resort on the Springs Golf Course in Radium Hot Springs BC.
124 unit Fractional Resort, this location boasts a swimming pool, whirlpool spa, stunning views of the 9th, 10th and 18th fairways of the Legendary Springs Course. In addition, some of the most amazing vistas of both the Purcell and Rocky Mountain ranges. Currently 9 of 12 phases of this project are completed with construction of the next phase projected to start in early 2014.
Sunrise Ridge Resort Parksville, Vancouver Island BC
With 9 acres overlooking the Straight of Georgia on Vancouver Island, this property offers outstanding ocean views as well as spectacular mountain views. With 43 units already completed, of a proposed 119, this property should have a bright future. Construction on the pool, fitness center, and Whirlpool spa began today and should be completed just in time for the busy summer season. Spacious and fully furnished one, two, and three bedroom fractional units are still available with pre-sales beginning in the next phase mid-year.
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