Given the latest articles done on the Pleasant Harbor Resort plans in Brinnon, we see another large resort fail to raise money for a sale.
2/3 Bellingham Herald
Sale of Semiahmoo Resort falls through; tribe not seeking buyers
JOHN STARK / THE BELLINGHAM HERALD
BLAINE – A pending sale on the Semiahmoo Resort hotel and golf course has fallen through.
Harry Chesnin, attorney for the majority owner Upper Skagit Indian Tribe, said the would-be buyers could not come up with the cash.
“It all boiled down to funding,” Chesnin said. “The potential buyer was unable to produce the funding in the time they felt allowed them to go forward.”
More at
http://www.bellinghamherald.com/2011/02/04/1850019/semiahmoo-resort-sale-falls-through.html