b'INDUSTRY NEWSFortius Capital Launches New Western Acquisition InitiativeAVON, Colo.Fortius Capital, a realMike Pearson, Fortius Capitals founderthe Eagle County Regional Airport in estate private equity and developmentand president.Gypsum, Colo. company, has launched a new propertyFortius Capital has a long and no- Our approach harmonizes the as-acquisition initiative in mountain andtable history of developing accessiblepirations of sellers with the broader resortmarkets,includingColorado,housingproductsacrossColoradosgoals of mountain communities, said Utah, Idaho and Oregon. The firm is ac- western slope, notes the release. AsRickCherry,FortiusCapitalsvice tively acquiring entry-level housing andEagle County residents, local investorspresident of marketing. Were in the outdoor hospitality assets that meet thecap.com) to inquire about a mutuallyandoutdoorenthusiasts,thefirmisbusiness of ensuring every asset is a following criteria: 50-plus site RV parks,beneficial transaction or submit a prop- closely connected with the real estatemosaic of mutual success and desir-40-plus site manufactured housing com- erty for review online.solutionsneededmostinmountainability for sellers, municipalities, in-munities, 10-plus unit multi-family op- We understand that in todays mar- and resort communities, like the Vailvestors and future end users. portunities or entitled land zoned forket environment, sellers may struggle toValley.RecentprojectsincludeRiverThereleasenotedthatFortiushas selective assets in mountain and resortmaximizethevalueoftheiroriginalDance, the Vail Valleys newest outdoordemonstratedanorganization-wide markets.Transactionsizestypicallyproperty investment, and our firm is wellhospitality destination; Two Rivers Vil- proficiency in creating hybrid RV/ex-range between $2 million and $25 mil- equipped to help. Our team endeavors tolage, a 130-acre lakefront single-familytendedstayfacilitieswiththeactive lion, according to a press release.forge partnerships that resonate with thebedroom community; Aspen Ridge, amanagement of the River Dance devel-Fortius Capital invites property own- diverse financial narratives of our clients,110-unitsingle-familysubdivisionopment. River Dances formal expansion ers to engage in discussions about po- whether amplifying investment returns,withinBuckhornValley;andRockywill begin this spring, significantly en-tential asset sales. Qualifying sellers maysecuringretirement,optimizingcashMountain Commerce Park, a 28-acrehancing lodging availability in the Vail contact Fortius team (invest@fortius- flow, or navigating tax intricacies, saidlight industrial subdivision adjacent toValley. WCMBeyonder Camp Unveils New Campground CatalystBeyonder Camp and Beyonder Hold- andonline Networking Opportunities: Connect ings are excited to announce the officialc o m m u n i t ywith like-minded professionals, share ex-launchoftheirCampgroundCatalystserveasanin- periences, and collaborate on overcom-podcastandonlinecommunity.De- valuablere- ingchallengesinasupportive signed as a valuable resource for camp- sourceforcommunity environment. ground owners and outdoor hospitalityprofessionals Exclusive Resources: Access bonus industry professionals, the platform aimslookingtoen- podcast content, behind-the-scenes up-to empower individuals in the industryhance their op- dates and discounts on courses and re-and those aspiring to join it with experterationsandsources to further enhance your skillsMichigan KOA insights, practical tips and a supportivenavigate the dynamic landscape of out- and knowledge. communitynetwork,accordingtoadoor hospitality, the release stated.Episodes are available on YouTube, in press release.Benefits for community members andvideo format and across all major pod- Unveils Multi-Year Campground Catalyst offers a uniquelisteners include:cast platforms. For a limited time, Beyon-blend of educational content and net-Expert Insights: Gain access to inter- ders online Patreon community will beImprovement Plan workingopportunitiestailoredtotheviews and discussions with industry ex- offering a free seven-day trial, to interactTheMonroeCounty/ToledoNorth needs of campground owners, operatorsperts, offering valuable insights and bestwith the team and other listeners and getKOA Holiday in Petersburg, Mich., is and real estate investors in the outdoorpractices to optimize campground oper- questions answered, according to the re- pleased to announce plans for major im-hospitality sector. With a focus on topicsations and investment strategies.lease.provementsthroughouttheproperty such as campground management, buy-Practical Tips: Learn actionable tipsFor more information and updates,over the next several years, according to ing and underwriting campgrounds, cre- and strategies to improve guest experi- visit campgroundcatalyst.com and fol- a press release. ating memory-making guest experiencesences, increase revenue, and stay aheadlow on all major social media platforms,New amenities are planned to include and tracking industry trends, the podcastof industry trends.including YouTube. WCMtwo pools, a splash pad, pool cabanas and a concessions area, a new mini golf course and upgrades to currently exist-ing activities. The plans also include six new cabins plus an additional RV and campingsites.Thecampgrounden-trance will feature a new staging/check-in area with parking. Planning remains in the early stages, with construction tentatively set to begin in fall 2024. These improvements will occur in phases during the offseason to minimize the impact on our guests. No construction will occur during the 2024 summer camping season or over any of our seven planned Halloween weekends. Campground management is excited to begin the construction of these im-provements this fall and looking forward to an amazing summer camping season with activities for the entire family, in-cluding themed weekends, new inflata-bles and fourth of July fireworks, notes the release. This summer, the campground will host more fun planned activities than ever before. The first themed weekend is planned for April 4-8 this year to offeranunforgettablesolareclipse viewingopportunityfromtheparks prime location. The themed weekends (including seven devoted to Halloween) andexcitingactivitieswillcontinue through October. WCM6 April 2024 Woodalls Campground Magazine'