Few details about the sale, but confirmation today that a deal has been reached to purchase the Rise in Vernon.Marshall McLeod with Vancouver commercial real estate firm CB Richard Ellis says, the deal was reached on Friday but couldn't reveal any details under a confidentiality agreement. While the selling price and buyer haven't been revealed, SunFM has learned the offer for the golf course and development is in the sixty five million dollar range.
The 735 acre Bella Vista resort had been listed for sale since October for an undisclosed price.CEO Leona Snider says it's expected the sale will close in early December. She says the buyer is a Canadian and US Partnership.
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