AY to Oversee Sale of Major NC Master-Planned Community

The previous ownership had invested more than $100 million in improvements, including infrastructure such as roads, water, sewer, power, natural gas and fiber-optic service.

The sale listing of Bright’s Creek, a gated luxury golf and resort community of more than 4,600 acres in Mill Spring, N.C., has been awarded to Avison Young.

Set in the Blue Ridge Mountains between Asheville and Hendersonville, Bright’s Creek features a 19-hole Tom Fazio–designed golf course and clubhouse, a member’s lodge with 11 rentable suites, a boutique equestrian center with 30 acres of paddocks, more than 120 finished custom homes and six condominiums, as well as more than 3,000 acres available for future development under the master plan.

Bright’s Creek will be sold on behalf of Alianza Trinity Partners, the debtor in possession, through a Bankruptcy Section 363 process. Bids are due to the U.S. Bankruptcy Court, Southern Division of Florida, Miami Division, by Aug. 31…

AY to Oversee Sale of Major NC Master-Planned Community

Categories : Real Estate

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