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Wisp Ski Resort in McHenry, Md. as seen in February 2012.
The financially strapped owners of Wisp Resort in McHenry, Md. say they have found a buyer. D.C. Development filed documents asking the U.S. Bankruptcy Court in Greenbelt to approve the sale the of Kansas City-based Entertainment Properties Trust for more than $20 million.
Entertainment Properties is a real estate investment trust with nearly a dozen other ski properties, according to its annual report. Its other investments include Megaplex Theaters, entertainment retail centers and public charter schools.
The owners of Wisp ski resort filed for Chapter 11 bankruptcy protection last year, after defaulting on nearly $30 million in loans it had received to build a golf course community near the ski resort.
NPR
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And The Winner Of The World Food Prize Is ... The Man From Monsanto
The prize is sometimes called the "Nobel Prize for food and agriculture." And this year's winners include Monsanto executive Robert Fraley, a pioneer in genetically engineered crops. If there's a single person who personifies the company's controversial role in American agriculture, it's probably Fraley.NPR
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A 7-foot tall statue of famed abolitionist Frederick Douglass is more than just a tribute to the man. It's a larger-than-life reminder of Washington's partisan and racial politics.NPR
Federal Agents Accuse Two Of Plotting Deadly X-Ray Weapon
Officials say the suspects did not acquire a radiation source for a weapon, but they finished building a remote control that was meant to operate it.Leave a Comment
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