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What's happening at the St. George's Club in Bermuda?

Maple_Leaf

Tug Review Crew: Rookie
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Resorts Owned
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Hapimag
I understand the current owner of Bermuda's St. George's Club is looking to sell but now has amassed over $3 million in debt that the prospective buyer wants retired before he signs the deal. Interval owners apparently have been offered a deal...a special assessment or pay a fee and get out of the RTU. Are there any interval owners left on TUG who know what's going on there?
 

Maple_Leaf

Tug Review Crew: Rookie
TUG Member
Joined
Jun 24, 2009
Messages
888
Reaction score
269
Points
273
Location
Not Toronto
Resorts Owned
Royal Dunes
Hapimag
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