Jay Peak investors to incur “significant loss”

  • Posted on October 25, 2019 | Updated on February 21, 2020 | 5 min read

While the receiver for the scandal-plagued resort hopes to find a buyer by mid-2020, he is “fairly certain” that many of the investors will “incur a significant loss of their principal investment.” The resort would need a sale amount of more than $200 million to pay the EB5 green card investors back in full. The Securities and Exchange commission valued the resort at $42 million, or about 20% of that figure. 

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