Double JJ Ranch, Waterpark & Golf Resort, near Muskegon, Mich. suspended its daily operations “in anticipation of a sale of the resort this month,” the company announced in a release posted Wednesday on its Web site.
“The primary goal of the sale is to pay the resort’s creditors,” the notice said. Double JJ has been on the market for months; it filed for Chapter 11 reorganization earlier this summer.
While the resort recently secured a limited financing commitment that will allow it to prepare for an expected sale in October, “The level of available financing, together with the traditional off-peak seasonal downturn in the resort’s business, however, made continued fullscale operations impossible,” the notice said.
A small staff will remain to care for the horses and maintain the property.