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Investment firm buys Snow King resort in Wyo. - Gillette News Record: Wyoming

Investment firm buys Snow King resort in Wyo.

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Posted: Friday, September 14, 2012 12:00 am

DENVER - The Snow King Resort Hotel and Conference Center in Jackson, Wyo., has been sold to a real estate investment firm owned by former San Diego Padres baseball team owner John Moores.

The sale of the 204-room, 158-condo resort to JMI Realty Partners IV was completed earlier this week.

The Denver Post reports that terms of the sale were not announced.

JMI Realty partnered with Texas-based Benchmark Hospitality to manage the resort's hotel, condos and conference center.

Snow King Resort President Manuel Lopez says in a statement that JMI and Benchmark are a perfect fit for the hotel.

The ski area will remain with its longtime operators - Lopez and local innkeeper Clarene Law.

© 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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