Comprised of a $60 million mortgage portfolio, development of a new 26 unit project at the base of Heavenly ski resort, unsold inventory, and all corporate and administrative aspects of the business. Coordinated with seller, investment banker (NationsBanc Montgomery) and all legal counsel to ensure an expedited closing in 14 days from the negotiation date. Responsible for consolidating all administrative and corporate functions between HTD and our existing Lake Tahoe infrastructure and reduced overhead costs by $1.2 million within 30 days after acquisition, through efficiencies and economies of scale.