News
Maclay loses Bitterroot Resort property to Met Life
MATR Sponsor (view all)
The family ranch south of Lolo that Tom Maclay envisioned as the base of a year-round resort now belongs to the agricultural investments branch of an international trade financing company in Kansas.
Missoula County Sheriff Carl Ibsen signed a sheriff’s deed over to the Met Life Agricultural Investments assets holding company on Feb. 27.
That was five days after the one-year deadline Maclay had for redeeming his loan from Met Life. The 3,000-acre ranch and home were sold at a sheriff’s auction to Met Life on Feb. 22, 2012.
Met Life foreclosed on Maclay’s project in 2009.
Bitterroot Resort http://www.bitterrootresort.us/
By: Kim Briggeman
Full Story: http://www.ravallirepublic.com/news/local/article_ce615a8c-bfd2-5ae7-9032-541aad971cce.html
MATR Supporters (view all)
Sorry, we couldn't find any posts. Please try a different search.