Wednesday, January 16, 2008

Dyer Mountain faces foreclosure sale

Business - Ski resort developers face foreclosure sale deadline -
A mountainside near this Lassen County community could go back into timber production if the developers of a four-season resort do not come up with $15.8 million by 2 p.m. on Feb. 4.

California Mortgage and Realty Inc., a San Francisco real estate financing company, posted notice Tuesday of a foreclosure sale of the property owned by Dyer Mountain Associates, developers of the 7,000-acre resort.

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