Centex sells Loon development.Centex Destination Properties has sold its South Peak development at Loon Mountain Loon Mountain is a mountain in Lincoln, New Hampshire, in Grafton County. It is in the White Mountain National Forest. The 3,065-foot mountain may be best known for Loon Mountain ski resort, which, like most New England mountain resorts, has attempted to expand into an in Lincoln to Macfarlan Capital Partners L.P., a Dallas, Texas-based private real estate investment firm. The announcement, which came without a disclosed price, was made along with the purchase of four other second home communities in Texas and North Carolina North Carolina, state in the SE United States. It is bordered by the Atlantic Ocean (E), South Carolina and Georgia (S), Tennessee (W), and Virginia (N). Facts and Figures Area, 52,586 sq mi (136,198 sq km). Pop. . All were being developed by Dallas-based Centex and will now be completed as part of the TerraMesa Resorts brand, a resort development and management company formed by Macfarlan. The other properties in the deal are The Hollows on Lake Travis Lake Travis is a reservoir on the Colorado River in central Texas in the United States. The reservoir was formed in 1942 by the construction of Mansfield Dam on the western edge of Austin, Texas by the Lower Colorado River Authority. and The Waters at Horseshoe Bay Resort on Lake Lyndon B. Johnson Lake Lyndon B. Johnson (or Lake LBJ) is a reservoir on the Colorado River in the Texas Hill Country in the United States. The reservoir was formed in 1950 by the construction of Granite Shoals Dam by the Lower Colorado River Authority. , both near Austin, Texas; Pointe West in Galveston, Texas; and Bear Lake Reserve in Tuckasegee, N.C. Most of the ski area at Loon loon, common name for migratory aquatic birds found in fresh- and saltwater in the colder parts of the Northern Hemisphere. Its strange, laughing call carries for great distances. Like the grebes, loons float low in the water and their legs are placed far back. is part of the White Mountain National Forest, which allowed for an expansion of the trail system to South Peak. Land at the base of the Lincoln resort and along the edge of the East Branch of the Pemigewasset River is private and had been being developed by Centex for single family homes and condominiums, some of which are slopeside. The build-out plan calls for a clubhouse and other resort amenities On the private land. Much of the sitework has been done, including roads and utilities. |
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