Thunder Spring

A 63 Unit, 350,000 square foot whole ownership condominium project located in Ketchum, Idaho, within easy walking distance to the Sun Valley Resort and including Zenergy at Thunder Spring health club and spa. Originally developed in the late 1990’s to early 2000’s, VP Companies was engaged in November of 2005 to be the local representation in all existing operating activities, including sales of their remaining units. In 2010 VP Companies negotiated the sale of Thunder Spring out of the Lehman bankruptcy estate to a European-based private equity fund. Since taking on management of the project, VP Companies has orchestrated a complete project turnaround, sellout of the remaining condominiums, and an operational resurgence at Zenergy. As part of the turnaround strategy, all amenities were consolidated and streamlined, management centralized and all operations re-marketed under one umbrella and brand. This created a unified resort experience for the end-use, while reducing expense redundancies throughout the project.

Team

VP Companies
Trimont Real Estate Advisors

Thunder Spring