Chicago-based firm buys Utah’s Victory Ranch development

By Jim Barth
May 18, 2012

According to a recent article in the Salt Lake Tribune, the Victory Ranch Club, a luxury home development that spans almost 6,500 acres located near Park City has changed hands.  Sterling Bay Companies, a Chicago-based real estate investment and development firm founded in 1986, purchased Victory Ranch last week from an affiliate of Wells Fargo Bank for an undisclosed amount.

Victory Ranch stretches across Summit and Wasatch counties and affords panoramic mountain views of the Wasatch and Uinta Mountains, Deer Valley Resort, the Provo River and the Jordanelle Reservoir. The development has approvals for more than 650 units. The new owners, though, are considering building fewer.

The development is home to the private Rees Jones championship golf course, Victory Ranch Club, which opened for rounds last Saturday.

Having worked as an attorney on the assemblage of the various ranch properties that were to eventually become the Victory Ranch, and having travelled extensively over the entire property during those early years, I can attest to the stunning beauty of the Ranch, particularly the southeastern ridge area.  For further details, please give us a call.

To read more, please visit The Victory Ranch Club article.

Barron's Magazine picks Park City for second-home buyers

By Nancy Barth
Mar 11, 2012

Barron's Magazine, a subsidiary of The Wall Street Journal, recently named Park City and Deer Valley as one of the best places in the country to buy a second home. The article listed Park City for the its winter and summer attractions.

According to the article, “skiers love Park City and Deer Valley for its powdery winters, but homeowners relish the summers, too. The crowds thin out, life slows down and the tall aspens lining the nearby Wasatch Range shimmer in the breeze," the article read.

Among other top second home options, the article listed Maui, the Hamptons and Aspen. To read more, click here.