Learn the newest news about residential and commercial actual property within the Seattle area and Pacific Northwest. Attorneys from our Chapter & Restructuring, Real Property and Company & Securities practices collaborated to characterize Synata Bio, Inc., a bio-based mostly renewable energy firm, because the successful bidder in a bankruptcy public sale of a cellulosic ethanol plant and electrical energy cogeneration facility in Hugoton, Kansas. The seller, a subsidiary of Spanish company Abengoa S.A., is in Chapter 11 chapter.
The Zinkes stand to profit from the mission in one other method: They personal land on the opposite side of the event, and have long sparred with neighbors about their varied plans for it. If the new resort, retail stores and microbrewery go through, actual property brokers say, the Zinke-owned land subsequent door would stand to extend substantially in value.
In Whitefish, the plan to make use of land that was donated to the Zinkes’ foundation as a public park to additional a private improvement strikes residents as a shock. Information on licensing requirements for real estate brokers and sales brokers is accessible from most native actual property organizations and from the state real property commission or board.
Zinke proudly announced that the donated land can be used for what he dubbed the Great Northern Veterans Peace Park.â€ In asserting the gift, he touted his own profession in uniform and described the park as a gift to Whitefish. His intent was to mix the railway land and an adjoining city-owned hill into a kids’s winter sledding park in a setting that acknowledges the contributions of the veterans and the railroad to the area people,â€ based on the nonprofit’s publicly obtainable IRS forms.
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