Tobiano Golf Resort in trouble!
The 18-hole, high-end troubled Tobiano Golf Resort, at Kamloops has been on the market since last September. Receiver Bowra Group said the developers owe the Bank of Montreal about $26 million, and there is also money owing to suppliers. Lot prices were slashed in half in 2010, but only three lots sold all of the last year.
Lake Okanagan Realty