TAMARACK, Idaho (October 11, 2021) — Tamarack Resort, a four-season resort located 90 miles north of Boise, today announced that Imperium Blue, a partnership of families, has sold their interests to existing partner MMG Equity Partners.
Tamarack Resort, owned by Imperium Blue and MMG, acquired the resort in November of 2018, ten years after the resort initially failed in the global financial crisis. Today, Tamarack Resort is thriving, with The Village at Tamarack almost complete, commercial concepts open and operating, and the first phase of the village condos sold and a second phase being delivered this winter.
“We are immensely proud of what the entire team has accomplished over the past three years at Tamarack Resort and remain very excited about what lies ahead for the future of Tamarack” said Kyle Mowitz of Imperium Blue.
“Our additional investment into Tamarack underscores our family’s commitment to the resort. We continue to move forward on all of the initiatives that have previously been outlined by the partnership including expanding the resort, reopening the Osprey Meadows Golf Course, the addition of the Marina on Lake Cascade and the addition of a hotel within the resort.” said Gabriel Navarro from MMG.
Scott Turlington, President of Tamarack Resort, added “The progress made by this partnership since the resort was acquired has been nothing short of remarkable. I look forward to continuing to execute on our plan and vision.”
About MMG Equity Partners
MMG Equity Partners is a privately-owned real estate investment company focused on long-term ownership, management, development, and acquisitions of shopping centers in Florida. For more information about MMG Equity Partners, please contact us directly.
About Tamarack Resort
Tamarack Resort is an independent, all-season destination situated on 3,500 acres, located 90 miles north of Boise in Tamarack, Idaho. From on-site lodging, dining and event space to the full range of outdoor recreation in the Idaho mountains, there is adventure for any season. The winter brings 2,800 feet of vertical on 2,000 mountain acres for skiers and snowboarders, along with Nordic and snowshoe trails. During the summer, the resort is home to mountain biking, ziplining, hiking, rafting and watersports on Lake Cascade. For more information on recreation, lodging and real estate, visit https://tamarackidaho.com