The foreclosure notice on Highmark was withdrawn last week. ‘Fifteen units at The Highmark, at the base of Steamboat Ski Area, went on sale as part of an auction March 12. Of those, eight units were sold. The remaining seven have been on the open market since that time.’ The units that were sold at the auction at likely to cover the outstanding debt Highmark possessed. The article in The Steamboat Pilot continues stating that ‘because the remaining seven properties are selling well, it does not appear that the lien holder will put the final three units back into foreclosure after the first foreclosure was withdrawn.’ A good step in the right direction for the future of Highmark.
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