Crotched Mountain Refinanced

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SAM Magazine--April 4, 2006--Crotched Mountain, N.H., was refinanced for $8 million with Entertainment Properties Trust, a real estate investment trust.

Crotched Mountain was resurrected in 2002 when Missouri-based Peak Resorts signed a lease to run the area. Peak made significant investments in snowmaking, lifts, a new base lodge and more, and the area has been up and running for three seasons, having last been operational in 1989.

Peak continues to own and operate Crotched.