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Sun Private Equities

General Properties and Waterville Valley Resort Invest in Workforce Housing

General Properties and Waterville Valley Resort Invest in Workforce Housing

Waterville Valley, NH (10/25/16) Waterville Valley Resort and General Properties, LLC of Plymouth, New Hampshire, a member of the Sun Private Equities group, are pleased to announce their investment in a local property that will provide workforce housing for Waterville Valley Resort employees. Conveniently located just 2.5 miles from Waterville Valley Resort Ski Area, the new Snow Star Inn will offer everything from bunk style to condo style units to meet employee needs.

“We are proud to announce our first partnership with Waterville Valley Resort” said Laura Pearlman of General Properties. “The Snow Star Inn will strengthen Waterville Valley’s status as a premiere employer by offering a range of affordable housing options. We are excited to work together to serve the employees of this four-season resort in the beautiful White Mountain National Forest.”

Workforce housing is a long-standing challenge for most resorts. Enhancing employee housing options reinforces Waterville Valley Resort’s commitment to helping its employees be an integral part of the community they serve.

Tim Smith, General Manager of Waterville Valley Resort said, “To live in the place that you work is very important for the resort, as it enhances the skiing lifestyle of the Waterville Valley community. It also strengthens an employee’s work life experience and provides the security necessary to pursue this lifestyle career. I’ve always said that it’s the people that make the resort, and the strongest asset in Waterville Valley is our people.”

Waterville Valley is a four-season resort set on 540 private acres surrounded by 360 degrees of pristine National Forest. Sitting atop 4,004 foot Mt. Tecumseh, “New Hampshire’s Family Resort” features 265 acres of skiable terrain, a vertical drop of 2,020 feet, 60 trails, 11 lifts, and 74km of groomed Nordic terrain nestled in the valley below. Shuttles provide easy access to year-round events, shopping, and dining in the Town Square as well as a variety of lodging options, including country inns, condominiums, and all-suite hotels. Learn more at waterville.com or by calling 1-800-GO-VALLEY.

General Properties, LLC of Plymouth, NH is a diversified real estate development and holding company with interests throughout the United States. It is a member of the Sun Private Equities group of Palm Beach, FL. Sun Private Equities is a closely held, quiet equities group with interests in the coatings application and manufacturing industries, industrial and commercial real estate, commercial lending, environmental technologies development, industrial tank services and composite fabrication. More details and updates can be found at www.spequities.com.

More details and updates about General Properties, LLC can be found at www.gen-prop.com.

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