In an announcement, Integrated Asset Management Group together with its private corporate debt group, Integrated Private Debt Corp, disclosed that they were able to close a US$15 million loan for Skyline Blue Mountain Village, Inc. The secured amount will be invested by Skyline in its acquisition from Intrawest ULC a property situated at Ontario, Canada's Skyline Blue Mountain Resort Village.
Skyline International Development Inc owns Skyline Blue Mountain Resort Village, a Canadian based private investment company that was incorporated in 1998. The company focuses on the acquisition, renovation and development of real estate properties, resorts and hotels in Ontario.
"We welcome this opportunity to provide Skyline with long term fixed rate financing. IPD is pleased to have been invited by Skyline to assist it with the acquisition of assets within the Blue Mountain Resort, Ontario's biggest ski and golf resort. We are especially pleased to include Skyline in our portfolio, recognizing it to be one of Canada's leading creators of lifestyle-enhancing environments and experiences," commented by Philip Robson, President of IPD.
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