Have you ever wondered who owns Homewood Resort? Located on the west shore of Lake Tahoe, Homewood Resort is a popular destination for skiing, snowboarding and other winter activities. In this article, we will explore the ownership of Homewood Resort and its history.
History of Homewood Resort
Homewood Resort was founded in 1961 by Bill Killebrew and his wife. It began as a small ski area with just two lifts and a handful of runs. Over the years, it has expanded into a full-service resort with over 1,260 acres of skiable terrain.
Ownership of Homewood Resort
Homewood Resort is currently owned by JMA Ventures, LLC. JMA Ventures is a San Francisco-based real estate investment firm that specializes in acquiring and developing properties in the hospitality industry.
JMA Ventures
JMA Ventures was founded in 1987 by John Atwood. The company has a diverse portfolio that includes hotels, restaurants, golf courses and other hospitality-related properties. They are also involved in the development of mixed-use projects that combine commercial, residential and retail units.
Purchase of Homewood Resort
JMA Ventures purchased Homewood Resort in 2006 from Booth Creek Ski Holdings. At the time of purchase, JMA Ventures announced plans to invest $500 million into the resort over a ten-year period to improve facilities and add new amenities.
Facilities at Homewood Resort
Homewood Resort boasts several facilities for visitors to enjoy including:
- 15 lifts including high-speed quads and surface lifts.
- 65 trails with varying difficulty levels for skiing and snowboarding.
- A terrain park for snowboarders.
- A ski school for beginners.
- A rental shop for skiing and snowboarding equipment.
- Several restaurants and cafes.
Conclusion
In conclusion, Homewood Resort is a popular destination for winter sports enthusiasts. It is currently owned by JMA Ventures, a San Francisco-based real estate investment firm with a diverse portfolio of hospitality-related properties. With its expansion plans and focus on improving facilities, Homewood Resort is sure to remain a top destination for years to come.
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