Schlitterbahn is selling its New Braunfels and Galveston properties to Ohio, primarily based Cedar Fair.
Schlitterbahn is preserving its South Padre assets. However, it is going to be rebranded.
News launch from Schlitterbahn’s website:
For the beyond 50 years, the Schlitterbahn circle of relatives has centered all its assets, talent, and energy into constructing Schlitterbahn Waterparks and Resorts into an iconic Texas logo.
It is now time for the organization to go into a new and brighter improvement stage.
We have entered into a settlement with Cedar Fair to purchase our interest in our New Braunfels and Galveston parks and our New Braunfels assets. Our South Padre waterpark and motel might be owned employing one of the Henry households and, in time, can be re-branded. Corpus Christi will remain a Diamond Beach property.
Cedar Fair is a dynamic, brand-oriented employer. Under Cedar Fair’s management, the Schlitterbahn emblem could have an opportunity to grow and extend like in the early days, while the sky changed into restriction. We agree with Cedar Fair that their method to embracing parks that have a unique footprint can be a phenomenal owner, and with the talented people who are the Schlitterbahn Family, will take Schlitterbahn Waterparks and Resorts to the next level of the worldwide-class circle of relatives leisure. While it’s a tough decision, after several difficult years, we believe that our crew, communities, guests, and lovers are going to enjoy what lies ahead.
Rest confident; the destiny of Schlitterbahn Waterparks and Resorts is as shiny as a July day in Texas. We will continually be your most up-to-date, coolest time in Texas!
Property auctions are extremely exciting! Whether you’re a purchaser or dealer, they without a doubt have an “edge of the seat” fine to them as dealer auctions provide you with the possibility to reach an entirely new set of certified residence buyers. Read directly to find out how to sell your home at a public property sale, or if you’re in a hurried study, our pinnacle suggestions for selling assets at auction.
Property auctions can give you a short sale. A few personal dealers like you are deciding to sell via the saleroom.
Reason? Well, two reasons. There is a set timetable for sale – 28 days or less. Ideal if you’re seeking to sell your house brief.
Also, if the advertising is executed correctly in a brand-new marketplace, you likely get an excellent price. This partly explains the growing number of houses being bought via the saleroom at ever better prices.
The common rate of a public sale lot rose a whopping 30% throughout 2007. What’s greater these days, around 50% of the humans attending residential auctions are coin buyers. The information is almost truly linked.
Here you will find out precisely the way to sell your property at auction:
– A quick history of belongings auctions
– Which houses can sell well and why?
– Why gain an awesome fee within the saleroom
– How to use it to your benefit to promote your private home fast
– The benefits of promoting through property auctions
– The risks of promoting at public sale
– How to govern the dangers
– How to pick an auction organization
– How to do property auctions for paintings
– How to draw a bid on your property
– The primary matters to don’t forget whilst selling belongings at auction
The first question to consider is whether a public property sale is the right venue to sell your private home. The residential public sale scene has changed pretty spectacularly in recent years. But earlier than we delve into that, it’s vital to have some background on property types and who has been buying at auctions.