sutter capital group

The Crossing in South Lake Tahoe sold for $14.8M

SOUTH LAKE TAHOE, Calif. - The Crossing at Tahoe Valley has been sold by the Sutter Capital Group, the Sacramento-based investment company that bought the struggling factory store property at the Y just over five years ago.

Renovations at The Crossing at Tahoe Valley completed

South Lake Tahoe, Calif. - Renovations on the former Factory Stores at the Y are now complete, unveiling a brand new shopping destination and contemporary lifestyle center in the heart of South Lake Tahoe named The Crossing at Tahoe Valley.

Letter to the Editor: City’s 4th of July Parade a huge success

The City of South Lake Tahoe hosted its first annual 4th of July parade on Monday, July 4, 2016. There were a total of 78 vehicles and approximately 200 people on foot either walking, biking, or dancing. American Legion Post 795 served as the parade marshals.

The City of South Lake Tahoe would like to say "Thank You" to all the parade participants, businesses and volunteers for making the 4th of July parade a fantastic community event!

The following current and former US armed forces members participated in the 4th of July parade;

The Crossing in South Lake Tahoe starts renovations

"The Factory Stores at the Y" are being transformed into "The Crossing at Tahoe Valley," with demolition crews on site dismantling parts of the building to accommodate a new design as they prepare for new tenants.

Plan unveiled for old Factory Stores at the Y location

"The Factory Stores at the Y" will soon be transformed into "The Crossing at Tahoe Valley" if the plan is approved by the City of South Lake Tahoe. In January, 2015, The Sutter Capital Group of Sacramento announced they had purchased the property after it fell into bankruptcy.

Factory Stores sold; New owner plans major improvements

Renovate, improve, contemporize and rebrand. That is what Burke Fathy says Sutter Capital Group plans to do with the former Factory Stores at the Y.

"The property needs to be repositioned," said Fathy, a partner with Sutter, told South Tahoe Now. "We are going to rebrand it from a factory store and make it more mixed tenant and give it new life."

The Sacramento investment group recently purchased the center after it fell into bankruptcy after years of mismanagement, Fathy said.

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