"Thirty years ago, I had a dream to create an outdoor enthusiast resort to help our community. Heartland Lodge has not only made the dream a reality, it has surpassed all my original expectations. It has become one of the top hunting lodges in the world along with a leading resort in the Midwest. But Heartland Lodge is bigger than just one person and has truly become a family, and like families, they grow and evolve over time. I started consulting with Northco a few years ago as I knew I needed to start planning for short and long-term goals for the Lodge and for me, personally. As Heartland Lodge continued to grow, we began looking for investors to ensure continued success. Northco connected us with the Duoos family and our relationship grew to a point where I felt that it was the right time to pass the torch. A decision like this is never easy, but I feel confident in the base that has been built, and their ability to continue to expand upon the incredible experience and tradition that is Heartland Lodge for generations to come."

"We have owned and operated a variety of different businesses over the years and purchased our first resort property in Door County, WI through a deal brokered by Northco. With a very positive experience through our first couple years with that project and our previous experience in a hunting club in California, we thought Heartland Lodge would be a great fit for our family. Gary Harpole has spent his life building a world-class operation and we couldn't be more proud to honor his legacy and continue to build upon this premier experience for all of our staff and guests. We are very pleased to include Heartland Lodge in our family resort and experience businesses and are excited for what's to come."

"I want to thank you for your wonderful representation for the sale of my company, Odyssey Development & Resorts.

I know conclusively that this transaction would not have been consummated without your guidance and tutelage along the way.  As expected, there were many twists and turns along the way and your help in navigating those times was critical.  Very important to me, was the fact that you have developed a valuation method for resort properties that makes sense to both buyers and sellers.  Valuations of resort properties has long been very difficult given the uniqueness of resort properties and their ownership structures.  Your legal background was also useful in interpreting the many legal documents involved in the transaction.

Your access to qualified buyers and your management of the sales process was excellent in my opinion.  From the initial listing to transaction close, we were able to accomplish this in approximately 10 months.  This is remarkable given that I had seven different operating entities, each unique and with their varied ownership structures and individual financial statements.

I am most happy to talk with anybody that would like to inquire further about my experience with you and your team."

"We recently acquired a multi-property boutique resort portfolio in a privately negotiated transaction. With such a complex transaction, there are many moving pieces. SVN | Northco was an invaluable resource throughout the process – highly knowledgeable about the market, they did an excellent job maintaining the momentum needed to ultimately close the deal."

"It was great working with you on the Odyssey project albeit it was a complex one and it took a village to close the transaction and we got it done. Your firm was great to work with and your assistance in getting this very complex transaction closed is greatly appreciated. Between your experience with Legal, Buyer/Seller all of the Third Parties. We cannot thank you enough."

"We engaged SVN | Northco to assist us with hospitality valuation and some strategic development scenarios with our portfolio. Over the years, SVN | Northco has assisted us with our Lodge, Ranch, Camps, and Golf Courses. Our portfolio has many moving pieces and we have appreciated the knowledge and sophistication that SVN | Northco has brought to the table. We plan to continue working with them for years to come."

“When I decided to sell the Bluefin Bay Family of Resorts, with which I have been involved since its inception in 1984, I reached out to various industry contacts to seek recommendations on the best broker to use.

SVN Northco was recommended highly and repeatedly so I gave them a call. I met initially with Frank Jermusek and Cameron Peterson, a team soon joined by Edward Rupp. Frank and team proved to be very knowledgeable about the midwestern resort industry. They understand how properties like ours operate, how to value them, and how to best present them to prospective buyers. They provided excellent assistance to me in assembling the necessary information, and put together a very thorough and professional looking presentation on our resorts.

SVN had dozens of inquiries on our property and were very helpful in screening prospective buyers to make sure we spent time only with those with reasonable financial and operating capabilities. We ended up in serious discussions with several buying groups and were able to choose one that we believe will successfully carry on the traditions of quality, hospitality and customer service that have defined the Bluefin Bay Family of Resorts. I highly recommend the SVN Northco team to anyone considering buying or selling a resort property."

“SVN Northco was professional and knowledgeable surrounding selling the top tier Minnesota Resort property. They were aware of the complexity of a full service property with multiple key stakeholders in the Bluefin Bay family of Resorts community.

They had advised the seller surrounding the needed documentation for the process and that was also very helpful as the succession plan of Bluefin Bay came together. SVN was aware of what this property means to the seller, the guests and the owners at Bluefin Bay and were responsive with our questions as buyers."

We've been working with Frank & Cameron for a few years now. Frank put multiple properties in front of us to look at, took the time to do tours at various resorts within Wisconsin and Minnesota and eventually we found the right fit and are the proud new owners of Lutsen Resort. Frank and his team are knowledgeable and understand the industry they represent. We look forward to working with SVN Northco in the future to find us our next acquisition.

"In planning to sell our resort, after 30 years of ownership and operation, I spent significant time on due diligence to define which firm would best help us with that process. We subsequently engaged SVN | Northco. We were very pleased with their depth of experience with Midwest resorts, their professional skills and their marketing reach as they assisted us through a successful sale."

“Because our family owned this property for over 120 years, the idea of selling was hard to imagine. So when Frank Jermusek said interest in resorts was strong, and if there was ever a time, this was it, we didn’t give it much thought at first. But we talked more and eventually decided to work through the process, thinking at least we would learn something from the exercise. In time, with SVN’s guidance, we came to believe that the right buyer would be able to take our resort forward while honoring our tradition and culture.

The SVN team presented Ruttger’s to several buyers privately and came up with two good offers. We felt good about Navigator and signed an agreement. As we approached closing this spring, we had no idea the twists and turns that COVID-19 would create. At times it seemed unlikely we would be able to close at all, but Frank and team guided us through to a successful closing.

Emotions are bittersweet, but I am excited to see Ruttger’s carry on with the improvements and additions that we weren’t able to accomplish on our own. Thanks to SVN for guiding Ruttger’s forward for future generations of guests.”

"We recently purchased Four Season’s Island Resort, in Pembine, WI. Frank Jermusek, J.D., of SVN | Northco Real Estate Services, was the selling agent. Frank was responsive to our requests for the information we required to complete our due diligence. His knowledge of the property and expertise in facilitating a successful and timely closing was invaluable to us. We will surely use the services of SVN in the future."

"Based on the recommendations of people we respected, we engaged SVN | Northco to assist us with the sale of the Gainey Conference Center and Hotel. The Gainey Center was a very unique property with a limited potential market. The University of St. Thomas had used the off-campus center for events and classes over the years, but decided that it was time to sell. The SVN | Northco team was professional, engaging, optimistic and impressive. Thanks to the creativity and expertise of the SVN | Northco team, we ultimately closed a very complex asset sale with great results for all involved."

"We entered into an agreement with SVN | Northco to list our management company, the Blue Heron Restaurant and thirty-two condominium units we owned at the Wild Eagle Lodge.

SVN put together a wonderful Investment Memorandum that they sent to individuals and companies throughout the United States. They worked very hard, were quite imaginative, helped with business plans and even banking relationships. They did a spectacular job that ended up with a successful sale that benefited both buyer and seller. I cannot say enough good things about SVN | Northco, Frank Jermusek and his very professional and hard-working staff. I would be very happy to be associated with them again in the future."

"We were searching for a Resort with the potential to increase revenue through major restoration, modernization and marketing. Frank Jermusek of SVN | Northco Real Estate Services presented us with what turned out to be the perfect property for our objective. Additionally, The SVN | Northco team presented statistics and concepts that gave us the confidence to proceed to purchase Pine Mountain Resort and Timber®Stone Golf in Iron Mountain, MI."

"We engaged SVN | Northco to assist us with the sale of the Gunflint Lodge and Gunflint Outfitters. Our family has owned Gunflint for nearly 100 years, so it was a bittersweet decision to sell this asset. SVN | Northco was extremely responsive, professional, efficient, and effective throughout the entire process. We ultimately closed a very complex asset sale with great results for both the buyer and the seller."

"We engaged SVN | Northco to assist us with resort management consulting and valuation analysis on our resort, hotel, and development land on Lake Superior. Our asset has many moving pieces and we have appreciated the knowledge and sophistication that SVN | Northco has brought to the table. We plan to continue working with them for years to come."

"We hired SVN | Northco to assist us with the sale of the Timber Creek Golf Course. SVN | Northco's expertise in the golf business helped us greatly in finding the right buyer and working through a successful closing for all involved. The SVN | Northco team was engaged, professional, and ensured a smooth transaction."

“We had been searching for the perfect hospitality property to invest into and operate for over 5 years. We looked at many properties and were waiting to find the perfect gem to acquire. Frank Jermusek and the entire SVN Northco team supported us by acting as our guide and advisor throughout the journey.

Without a doubt, our acquisition would not have been as successful and coordinated without the SVN Northco team's dedication that was professional throughout the process and was there right by our side as one would expect from any great partner. Purchasing a property during the pandemic had its own challenges and the SVN Northco team helped us navigate through the uncharted waters providing brutally honest feedback, no matter the time of day or day of the week, to make the acquisition a reality. Spending this much time with the team made us feel a part of the family.

Thank you to Frank and the entire SVN Northco team for all your support!”