Credit Suisse, the major creditor of the incomplete resort, applied a total of $80 million in credit to gain control of three properties at a series of sheriffs auctions on Monday.
It started with the biggest chunk of the resort, which includes the ski area, for $65 million in credit.
Credit Suisse also gained control of a chunk of platted but undeveloped land, as well as rights to the ski area and the lease agreement with the state for a $10 million credit bid. Last, the bank bought the property of the barely started Lake Wing addition to the Lodge at Osprey Meadows with a $5 million bid.
The bank had already gained control of 15 Trillium homes in a previous auction.
The largest piece the bank doesnt control is the undeveloped Tamarack shopping and residential plaza.