Recent Press Coverage

Bear Valley buyer to focus on mountain experience

Enterprise staff | Posted: Friday, August 22, 2014 6:00 am

 

 

With autumn’s leaves mere weeks from turning, Bear Valley Mountain Resort’s new owners have already started preparing for the upcoming ski season.

 

Pending the final approval of the U.S. Forest Service, which is anticipated to go through without issue, Skyline International Development Inc. is the new owner of the mountain resort.

 

“A lot of work has gone into it,” said Michael Sneyd, CEO of Skyline. “Our focus right now is to improve the mountain experience, the guest experience and to make sure that the Bear Valley brand reaches the heights it enjoyed in the past.”

The Toronto-based company’s binding purchase and sale agreement includes only the on-mountain assets of the resort. But with the purchase of the ski area, Skyline has an option to purchase development land in Bear Valley Village over the next three years.

 

Though Sneyd said that is Skyline’s plan, he added the company will focus this year on the ski area in particular. Skyline is working with current onsite management and the newly appointed asset managers, Northern California ski industry duo Chris Ryman and Betsy Cole to develop a list of priorities. Sneyd said at the top are improving snowmaking abilities and enhancing the midmountain lodge.

 

read more here

Ski co-op brings resort community to the table

Article by Andrew McLeod

26 August 2014

 

Founded in 1967, Bear Valley is one of the state’s older resorts, with an aging infrastructure. An economically challenged customer base has made Bear Valley less reliably profitable in recent years and contributed to unstable ownership. However, the development of a co-op with more than 900 members has laid the groundwork for a novel partnership that seeks to revitalize the resort and improve Bear Valley’s chances of survival.

 

If its members decide to proceed, the Bear Valley Mountain Cooperative will soon take joint control with new owner Skyline Investments, a firm that was attracted to the resort by the high-level of community interest shown by a co-op organizing effort that exceeded its membership drive goals by over 10%.    Read More

 

Bear Valley, Skyline reach an agreement

By Alicia Castro | Posted: Tuesday, August 12, 2014 6:00 am

 

 

Co-op may continue in revised partnership

 

The forward progress of Bear Valley Mountain Resort will soon be in the hands of Skyline International Development Inc., and leaders of the investment company want to take the Bear Valley Mountain Cooperative along for the ride.

“The co-op is the engine,” said Skyline Chairman and President Gil Blutrich at a town hall meeting Saturday. “Skyline is the supercharger.”

 

Blutrich shared his vision at the gathering hosted by the co-op at the Bear Valley Lodge Cathedral Lounge. Co-op members were given information about new options – including opt-outs – and the 250 to 300 people in attendance were introduced to Skyline executives, who enthusiastically spoke to an ongoing collaboration.

 

“We see a partnership between Skyline and the co-op as a critical element in the future of Bear Valley by making sure Bear Valley remains a viable and productive resort operation,” Skyline CEO Michael Sneyd said. “The key to making the operation profitable is to continue to improve the brand in the Bay Area and really bring back the ski-area visits that Bear Valley enjoyed.”

 

read more here

The Skyline Era Begins At Bear Valley
With Packed Morning Meeting (with full video)

 

 

Cathedral Lounge at the Bear Valley Lodge played host to another packed meeting on Bear Valley's Future. This morning's meeting started with a presentation led by BV Co-op's Steve Troyer who thanked the community and also recapped some of it's journey's Skyline's CEO Michael Sneyd said Skyline would not be here without the Co-op. Click here for more. 

Bear Valley Mountain Co-op Update

Posted by: thepinetree on 07/08/2014 09:44 AM

 

Bear Valley, CA....The cooperative effort is gaining speed and that train is about to arrive at the station this month! If you are thinking about taking part in this effort to support jobs and drive the future of our local mountain resort, go to the co-op web site and get informed! www.bvmcoop.org This weeks events: The Bear Valley Mountain Cooperative presented a summary of their plans to purchase the mountain and village to a packed audience in Bear Valley on Saturday, July 5th. They detailed the structure and process to purchase the mountain and village along with details on how the co-op plans to roll out and pay for much needed improvements at Bear Valley

Possible pairing weighed for resort purchase:

Posted: Tuesday, July 29, 2014 6:00 am | Updated: 9:24 am, Tue Jul 29, 2014.

Enterprise staff

 

With two potential buyers seeking to purchase Bear Valley Mountain Resort, a third option may be in the resort’s future.

One of the buyers, Bear Valley Mountain Cooperative, released a statement Friday saying it had initiated discussions about collaborating with the second buyer, Skyline Investments based in Ontario, Canada. (click here to read more)

Bear Valley Mountain Cooperative In Negotiations
for Bear Valley Mountain and Village Properties.
Own part of this unique gem of a resort today! 

April 28, 2014

Bear Valley, CA...The Bear Valley Mountain Cooperative has signed a non-exclusive letter of intent to purchase Bear Valley Mountain and village properties. This means that the time has come for supporters of Bear Valley and the Cooperative effort to purchase their co-op membership through the co-op web site at www.bvmcoop.org. The recent developments were announced at town hall style meetings held simultaneously at the Bear Valley Mountain and Bear Valley village on Saturday, April 12th.

 

Click the Pinetree.net image above to read more and hear community comments! 

The Bear Valley Mountain Cooperative

is now open for business:

Tuesday, April 15, 2014 6:00 am | Updated: 8:18 am, Tue Apr 15, 2014. By Alicia Castro

The community cooperative hosted two informational meetings near the resort Saturday, April 12, when it announced the co-op is now accepting membership sign-ups and is also in the process of negotiating with the resort’s current ownership group. 

Residents, Skiers Hope To Become

Bear Valley’s New Owners

March 20, 2014 10:36 PM

 

BEAR VALLEY (CBS13) — An iconic ski resort is looking for a new owner, and local ski lovers andhomeowners are joining forces.Bear Valley is halfway between Lake Tahoe and Yosemite National Park off of Highway 4.It’s a ski resort that locals say is as picturesque as it is pristine, and that’s how they’d like to keep it.“Well one, we don’t have a Starbucks,” said Bear Valley GM Jim Gentling.After another potential buyer for the resort backed out, a group of homeowners and skiers are stepping up to form a co-op and buy the resort themselves.“It was really the idea of one homeowner,” said Paul Petersen.

 

Click here or CBS banner to see and hear the interview! 

 

Bear Valley Co Op In The News - 3/20

 

Radio Interview - Bear Valley Mountain Cooperative

 

A group of homeowner, business owners and residents of Bear Valley recently voted to form a cooperative with an intent to purchase the Bear Valley Resort and Village. The resort and village have been up for sale since early 2013. We’ll talk with Paul Petersen of the Bear Valley Mountain Cooperative and John Wagnon of Vail Resorts about the latest developments in plans to purchase the property.

 

Listen to Bear Valley Mountain Cooperative

 

Will Bear Valley ski resort become a co-op?

Posted on Tuesday, March 11 at 7:00am | By Jules Older

 

 

A small group of skiers, homeowners and enthusiasts has announced that they want to buy Bear Valley Mountain Resort, a much-loved northern California ski area, and turn it into a cooperative called Bear Valley Mountain Cooperative.Steve Troyer, a Bear Valley homeowner, presented the idea to the homeowners’ association board after a potential buyer for Bear Valley withdrew last September.This wasn’t the only buyer who didn’t buy. Bear Valley’s mountain and village have been for sale for some time, and while serious inquiries have been made and due diligences done, no one has signed the bill of sale.

 

Read more here

 

Bear Valley Co Op In The News - 3/20

March 20,, 2014

 

Locally Owned Skiing

Co-op formed to potentially purchase California's Bear Valley Mountain

by Eugene Buchanan

 

Hey, Californians: Want to own part of a ski area? Here’s your chance.California’s Bear Valley Mountain could soon be going the way of REI, the Green Bay Packers, and Vermont’s Mad River Glen by becoming a co-op.“The mountain is having challenges and the owners are trying to sell it,” says former Mountain Hardwear and Timbuktu CEO Mike Wallenfells, who has a house in Bear Valley and has been skiing it for years. “We’ve formed a cooperative that hopes to take over the mountain and make a uniquely locally owned and operated community mountain…think Mad River Glen in Vermont.”

 

Read more here

Bear Valley Co Op In The News - 3/1

March 1,, 2014

 

Read More by downloading entire article....

Bear Valley Co Op In The News - 2/25

February 25, 2014

Homeowners and skiers hope co-op is answer to resort sale

By Dana M. NicholsRecord Staff WriterFebruary 25, 2014 12:00 AM

 

BEAR VALLEY - Snow and money haven't been falling as heavily on Bear Valley the past few years as they did decades ago. The resort has been on the market for more than a year, but no deal has been consummated that would bring investment to revive the resort. 

 

So now, a group of skiers and Bear Valley homeowners has formed a co-op in hopes they can buy the ski operation and manage the resort, which is vital to the local economy."I love Bear Valley. I've told my wife that I'd like to die there," said Steve Troyer, one of the masterminds of the co-op and a member of the co-op's interim board of directors.  .....click on recordnet.com logo to read more

Bear Valley Co Op In The News - 2/21

February 21, 2014

Residents look to control Bear Valley’s destiny

By Stephen Crane | Posted: Friday, February 21, 2014 6:00 am

 

Bear Valley Mountain has been in flux the past few years. Last season, winter enthusiasts waited throughout the summer with bated breath to find out if the resort was even going to open. This season, a deal was in the works to sell the resort’s assets to a new owner’s group, but it fell through at the last minute. The potential buyers felt that time had run out to adequately prepare for the upcoming season.“It’s obvious to all of us who live and work in Bear Valley that things can’t continue the way they have,” said Eric Jung, a Bear Valley resident since 1969 who works for Bear Valley Real Estate....  click the Calavaras logo to read more

Bear Valley Co OIn The News - 2/21

February 21, 2014

 

Written by Mike Morris, The Union Democrat February 21, 2014 12:30 pm

 

A movement to have Bear Valley Mountain Resort run as a cooperative is gaining momentum.After a prospective buyer of the ski resort backed out last year, a Bear Valley homeowner pitched the co-op idea at a homeowners association meeting in the fall. An “exploratory” group, consisting of Bear Valley business owners and homeowners, researched the idea. Following a town hall meeting late last year, the Bear Valley Mountain Cooperative was officially launched this week.   click the Union Democrat logo to read more. 

 

Bear Valley Co Op In The News - 2/18

February 18, 2014

 

Bear Valley's Future...The Community Makes It's MoveBear Valley, CA....Sky High Pizza was packed on Sunday afternoon as the vision for community ownership of Bear Valley Mountain Resort and Village was presented to the public. The Cooperative has been formed, goals have been set and a workable financial framework has been created. Now it is time to see if the Bear Valley community and the area at large agrees that this is the best plan for a stable and prosperous future. With Bear Valley Mountain Resort and Village on the market the community will be competing with other resort and development companies that are suitors for the properties....   

 

Click the Pinetree.net image above to read more and hear community comments! 

Coop Launch Town Hall - 2/16

February 16, 2014

When: Saturday February 16 at 4:00

 

Where: Skyhigh Pizza and Pub. Come early for drinks and stay for dinner or the Crab Feed! 

 

What: We updated the community about the launch of the Bear Valley Mountain Cooperative which will look to use members and the orgainzation to purchase Bear Valley Mountian and Village. Details were presented about the initiative and how become a member once the organization is officially formed. Download the PDF of the presentation right here! 

Kick Off Town Hall - 12/28

December 28, 2013

 

When: December 28th at 4:00pm

 

Where: Skyhigh Pizza and Pub. Presented by Steve Troyer and Mike Wallenfels who are part of BV Community Ownership Exploratory team also including Paul Peterson, Martin Wegenstein, and Kimi Johnson. 

 

What: We discussed how Bear Valley has huge opportunities as a recreational desination, the potential steps to financing the village lift, update and concerns on the tatus of the mountain sale process, and outlined options available for the community taking ownership of the Mountain. About 100-125 people in attendance with several volunteering to help. Committed to follow up meeting to keep community informed. 

 

The BVRI board has was informed on the concept at the membership meeting in 

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Bear Valley Mountain Co-op

P.O. Box 5356

Bear Valley, CA 95223

Email Bear Valley Mountain Co-op: 

                  info@bvmcoop.org