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Would-Be Sugar Loaf Buyer Evicted

Would-Be Sugar Loaf Buyer Evicted

News
By Jim Neff
posted: 01/01/2000

Traverse City, MI, Jan. 2, 2001--In a weird turn of events, the would-be buyer of Sugar Loaf Ski Resort, located in northwest lower Michigan, has been evicted from the property by the local health department.

The proposed buyer, Doug Nanney, his parents, his pregnant wife, and their seven children had been living at the closed resort pending finalization of the sale. The Leelanau-Benzie (counties) Health Department forced the Nanneys out because the resort's sewer service has been discontinued.

As reported by SkiNet earlier in December, Nanney agreed to purchase the resort from current owners, Pacific XIX Investment Group, for $8.5 million. Nanney planned to re-open the resort under a new name and not allow smoking, drinking, or loud music.

Service to the resort's sewer system was shut off when the current owners, Pacific XIX, failed to pay back-bills for the service. Upon termination of service, the Nanney family's eviction forced them to leave the resort and reportedly moved in with friends in the Traverse City area.

On December 18, Nanney told a local newspaper, the Leelanau Enterprise, that he would know "within the next day or so" whether he would be able to raise enough money to close on the deal and buy Sugar Loaf. Since that time local media have been unable to reach him and no news has been forthcoming.

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