Northstar Lodge, a luxury private residence club in Truckee, California near Lake Tahoe has been acquired by Welk Resort Group. Ragatz Resort Realty (predecessor to Ragatz Sedgwick Realty) represented Welk Resort Group in the purchase.
The transaction included the remaining 22 whole- and fractional-interest residences in the first phase, as well as two adjacent parcels of land for future development by Welk. The sale was facilitated by Ragatz Resort Realty, in cooperation with Resort Equities Realty, Inc. The groups brought together their team of industry-leading finance, sales, marketing and legal professionals to both initiate and close the sale.