Two local resorts sold as part of a six-part deal

Friday, May 31, 2019

Caribou Highlands in Lutsen and East Bay Suites in Grand Marais were two of six North Shore resorts owned by Odyssey Resorts that were sold to Blackburn Investment Managements private equity firm in Minneapolis, which is the primary owner, and Madison Hospitality Group (MHG), a management company based in Brainerd with experience managing hotels and resorts, and other investors who are minority owners.

The sale of the properties was announced on Tuesday, May 28.

Click here to view the original article from the Cook County News Herald

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