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Donny Caccamise and Tom Spence
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Donny Caccamise and Tom Spence
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Local News


Three resorts in central and southern Oregon have new owners. A partnership of the Northview Hotel Group and Oaktree Capital Management has purchased Running Y, Ridgewater, Eagle Crest, and Brasada from Jeld Wen. Simon Hallgarten, a partner of Northview Hotel Group says it's a great opportunity: “The resorts are actually very well positions now. They are just a little tired. They haven’t had a lot of capital invested in them recently. They haven’t been marketed to the full extent. Because up until a few years ago, there was no need to market the resorts because the real estate was selling so well without marketing it; why take the time.” The team of managers and associates employed by Jeld Wen will continue working.   Northview plans a list of improvements including landscaping, meeting rooms, spas, and some of the infrastructure. Oaktree Capital Management is headquartered in Los Angeles and has $79-billion in assets under management.

 

Traffic & Weather

 

 

 

  • Lane closures and detours Mt. WA Dr at Shevlin Park Road North to Regency (7/11-11/30)

 

  • Road closures along Roosevelt Ave >< Silver Lake Blvd -Chamberlain St. 7a-5p (9/6-11/20)

 

  • Valhalla Sewer Relocation Project, Mt. Washington Drive at Shevlin Park Road intersection and North to Regency Street. Nighttime closures with detours marked during roundabout construction. Daytime closures for construction towards Regency Street.    7 p.m. – 7 a.m., July – November.
 
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