Promontory Club in Park City, UT Emerges from Bankruptcy

The Promontory Club in Park City, UT has come out of bankruptcy as ruled by Bankruptcy Judge Judith A. Boulden, based upon a reported $30.0 auction bid by an affiliate of the original developer, Pivotal Group.

Pivotal 7000, LLC will observe the key provisions of the court-approved plan and sales procedures. The new financing should provide the stability required to attract buyers in this uncertain market just as the golf season is getting started.

Promontory’s two golf courses designed by Jack Nicklaus and Pete Dye were recently ranked #2 and #3 in the state of Utah, by Golf Digest. There is a significant amount of home and lot inventory available currently available in Promontory with some great deals.

Please contact us regarding Park City real estate or Promontory real estate at

Related posts:

Take Control of Your Mortgage Situation - Get Back on Track!
New Video-Independent Real Estate Coalition Park City, Utah
Free Market Evaluations Now Available for All Park City, UT Neighborhoods

Leave a Comment

Your email address will not be published. Required fields are marked *