Bluefin Bay Family of Resorts

SVN | Northco was engaged as the seller’s representative for the sale of the Bluefin Bay Family of Resorts property located in Tofte, MN on the North Shore of Lake Superior (“Bluefin Bay”), and was able to successfully transact the 30+ year old resort to a buyer that grew up in the area.

Since its inception in 1984, Bluefin Bay has won numerous top accolades including “Minnesota’s Favorite Resort” and “Most Romantic Resort in Minnesota” in a number of notable publications including Minnesota Monthly Magazine and the Star Tribune. The property has 229 bedrooms and consists of three resorts – Bluefin Bay, Surfside, and Temperance Landing - numerous award-winning restaurants, pools, a spa, event facilities, numerous indoor and outdoor resort amenities, retail, significant employee housing, and more. The property has a capacity of 704 guests.

SVN | Northco was able to help advise on numerous matters including association management, business analysis and financing in order to help get the transaction closed.