Granby Ranch has ‘nothing new’ seven months after owner reported sale was ‘back on track’
After almost seven months since announcing the sale of Granby Ranch was moving forward, ownership of the ski resort has not yet changed hands and no other information has been publicly shared.
At the March 26 Granby Town Board meeting, Granby Ranch owner Marise Cipriani told the board the sale had been delayed three months due to unrelated legal issues, but those issues had been resolved and the sale was “back on track.”
“I don’t have a date yet, but we are working pretty hard on it,” Cipriani said at the time.
Asked about the status of the sale on Oct. 9, Melissa Cipriani, the chief executive officer for Granby Ranch, said there was nothing new to report and declined to comment on the buyer and the timeline of the sale.
It is unclear whether the resort is still in conversations with the buyer that Marise Cipriani mentioned in March, whose identity has so far been kept confidential.
Cipriani also discussed matters related to the sale in an executive session with the town board at the March 26 meeting.
Granby Mayor Paul Chavoustie could not comment on what was discussed behind closed doors, but he explained that, while the town is not the buyer nor the seller, Granby has many agreements with Granby Ranch the town wants to ensure are honored.
Granby Ranch was put on the market in January 2018 with a real estate listing describing it as a 5,000 acre property with more than 400 acres devoted to skiing, 34 miles of mountain biking and hiking trails, an 18-hole golf course and more than three miles of private, gold-medal fly-fishing along the Fraser River.
The listing also says the Granby Ranch community includes more than 4,300 residential units, hundreds of which have already been developed and sold, with 1.3 million square feet of commercial space.
The Cipriani family bought Granby Ranch in 1995 when the property was known as Silver Creek. In the listing, Marise Cipriani cited her desire to be closer to family and her daughter wanting start a family of her own as the driving forces behind the family’s decision to sell.
“I feel that the Granby Ranch community is poised for great growth and opportunity,” Marise Cipriani is quoted saying in the listing. “I believe under new stewardship and guidance, the vision and full potential of Granby Ranch will be realized.”
A wrongful death lawsuit filed on behalf of a Texas woman who died after being thrown from a chairlift at Granby Ranch is still ongoing. Kelly Huber was killed when she and her two children fell from a chairlift that malfunctioned on Dec. 29, 2016.
It was the first fatal chairlift malfunction since two people died at Keystone Resort in 1985. A pre-trial conference for the case had been scheduled for 10 a.m. Oct. 15.
Support Local Journalism
Support Local Journalism
The Sky-Hi News strives to deliver powerful stories that spark emotion and focus on the place we live.
Over the past year, contributions from readers like you helped to fund some of our most important reporting, including coverage of the East Troublesome Fire.
If you value local journalism, consider making a contribution to our newsroom in support of the work we do.
Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.
User Legend: Moderator Trusted User
Grand County’s real estate transactions Feb. 21-27 were worth more than $11.3 million combined.