North Shore Resort Company and Shores Resort Company Complete Condo Buybacks

Superior Shores Resort - Exterior
Superior Shores Resort

North Shore Resort Company and Shores Resort Company announced that as of February 19th, 2021 they have finalized the last transaction of planned condo buybacks completing the majority ownership acquisition of Superior Shores Resort.

North Shore Resort Company and Shores Resort Company announced that as of February 19th, 2021 they have finalized the last transaction of planned condo buybacks completing the majority ownership acquisition of Superior Shores Resort.

Superior Shores Resort consisted of several condotel buildings, the buyback program allowed the operator to gain the ownership of not only operations but now the super majority of the real estate of the resort as well.

The buyback program was seen as a strategic move to ensure the resorts can move forward with changes in it’s vision for operations in an effort to become one of the top properties on the North Shore of Lake Superior.

Superior Shores Resort is the largest resort by unit inventory on Lake Superior consisting of 3 different properties offering an array of lodging types complimented by full service restaurant and event facilities, 3 pool areas, and a multitude of amenities. Superior Shores iconic setting is attributed to it’s 10,000 feet of shoreline.

For more information, visit www.superiorshores.com.