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Arrowcreek Litigation update…

                                                                           
A mere 1.6 million has been agreed upon to settle the Developer lawsuit in Arrowcreek.  Hmm, I wonder how much the Attorney’s got of that?  Of over a 30 million dollar loss of value in the Arrowcreek homes and Arrowcreek lots and a near Buyer boycott of Arrowcreek homes

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OK, here is all of the golf course 411 in the Reno-Tahoe-Carson area…

Golf Courses in the Reno, Lake Tahoe, Carson City, and Carson Valley Areas                                         Address                                  Phone                          Web SiteRENO/SPARKS
Arrowcreek Country Club        2905 Arrowcreek Pkwy           775-850-4653             arrowcreekcc.com

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Arrowcreek 411…

What is ArrowCreek? ArrowCreek is a 3,200 acre gated master-planned residential golf community located in southwest Reno

Arrowcreek Golf Course handing over the keys to Golden Gate Golf…

For the last 48 hours, there has been unconfirmed rumors (about the Golden Gate transaction).  This is great news and should help restore confidence and values in Renos premier golf and view community.

From:
Norm Reeder (jross@eaglgolf.com)

Sent:
Wed 10/01/08 4:08 PM

To:
Ron Bell (ronbellrealtor@hotmail.com)

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Arrowcreek Golf Course Litigants agree in concept, Sale is pending again…

I have been checking my e mail by the hour for this:
The Litigants have agreed (in concept) to settle the lawsuits.  This will allow the new buyer to proceed.
Keep in mind that there is still a ton of diligence to be done and like all transactions, it is still in its infancy, this gets it […]

Arrowcreek Homeowners propose buying Arrowcreek golf course

In a valiant effort to save the Arrowcreek Golf Course/Arrowcreek home values, a group is proposing to have the Homeowners buy the Arrowcreek Golf Course.
For the sake of timeliness getting this on the net and my phone and e mails going crazy about this mess, I haven’t really digested this.arrowcreek-hoa-golf-purchase.pdf

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Arrowcreek golf course sale? Makes front page of Reno Gazzette (rgj.com)

ArrowCreek could close unless suit dropped

Arrowcreek golf sale hinges on the litigants dropping their suit

The greedy and white collar macho litigants who have clouded not only the golf course sale to the previous buyer and some even pushed for the frivolous lawsuit against Terrabrook regarding alleged reserve deficiencies are now holding the keys to Arrowcreek golf course and home value survival.

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Arrowcreek Golf Course finds another potential Buyer…


Arrowcreek Golf Course for sale, members discuss options…

With a standing room only crowd and a lot of the seats filled in the back nine tent, Norm Reeder (Member President) held court and did a superb job.