Burke Mountain, VT, New Owners Aim to Triple Snowmaking Capacity in Time for 2025โ26 Ski Season After nearly a decade in federal receivership, Burke Mountain Resort in Vermont officially has new owners. On Friday, May 2, 2025, the Bear Den Partners ownership group closed on the purchase of the 72-year-old ski area in Vermontโs Northeast Kingdom, setting the stage for a new era of independent ownership and mountain investment. Related: Burke Mountain Resort, VT, Sells for […] Industry News Martin Kuprianowicz | May 6, 2025 0 Comments
Burke Mountain Resort, VT, Sells for $11.5 Million After Major Fraud Case Involving Former Owner Burke Mountain Resort, a staple of Vermont steep skiing and ski racing, is entering a new era. Nestled in the town of East Burke, the mountain is a favorite among locals and elite athletes alike and was recently sold for $11.5 million to Bear Den LLC, a consortium of entities with longstanding ties to the ski resort, the VTDigger reports. […] Industry News Martin Kuprianowicz | April 30, 2025 0 Comments
Top 9 Snowiest Resorts in the Eastern United States While Western ski resorts may dominate the headlines, some of the snowiest slopes in the East are legendary in their own right, offering reliable powder and winter experiences that draw enthusiasts season after season. These high-snowfall resorts, nestled in states like Vermont, New York, and New Hampshire, deliver heavy snow totals despite the East Coastโs unpredictable weather. Hereโs a look […] Brains SnowBrains | November 7, 2024 9 Comments
Another U.S. Alpine Athlete Will Miss the Upcoming FIS Season Due to Injury U.S. ski racer Ava Sunshine shared today that she too got injured during the race camp in New Zealand. The 21-year-old tore her right anterior cruciate knee ligament (โACLโ) just days after teammate Nina OโBrien suffered a broken leg, benching her for the 23/24 race season as well. Related: U.S. Ski Racer Nina OโBrien Re-Fractures Leg During Training in New […] Industry News Julia Schneemann | September 15, 2023 0 Comments
Burke Mountain, VT, Receives First Bid According to Ski Area Management, an unnamed bidder has made an offer of an undisclosed amount to buy Burke Mountain Resort, VT.ย Burke Mountain is being sold by the court appointed receiver, Michael Goldberg, after the previous owner, Ariel Quiros, was caught up in the โEB-5 fraud-scandalโ.ย Burke Mountain and Jay Peak ski resort were put into receivership in 2016 after the […] Industry News Julia Schneemann | June 23, 2023 0 Comments
Former Vermont Ski Resort Owner Sentenced to 5 Years in Jail for Fraud Ariel Quiros, the former owner of Vermont ski resorts Jay Peak and Burke Mountain Resort, has been sentenced to serve five years in jail, ending Vermontโs longest ever fraud-related case. After nearly seven years, and multiple accounts of money laundering, Quiros agreed to a plea deal and will serve time.ย Quiros is set to begin his sentence on July 26th. […] Industry News Aunika Skogen | May 2, 2022 0 Comments
Proposed Sale of Jay Peak Resort and Burke Mountain, VT on Hold Until Next Summer at Least Jay Peak is expected to be in the hands of a new owner next summer while the sale of Burke Mountain is now indefinitely on hold, according to Michael Goldberg, the court-appointed receiver overseeing the two Northeast Kingdom ski resorts at the center of a massive EB-5 scandal, reports VTDigger.ย Burke Mountainโs sale is on hold, Goldberg said, as it continues […] Industry News SnowBrains | August 16, 2018 0 Comments
Jay Peak and Burke Mountain, VT: Revived and Ready to Hit the Market Jay Peak and Burke Mountain are ready for the market. After being surrendered by Ponzi-scheme perpetrator and previous owner Ariel Quiros, both resorts have recovered and plan to hit the market this year.ย According to VTDigger, the court appointed receiver, Michael Goldberg, has been making large improvements to the resorts.ย After years of major development projects, the resort has transformed from […] Industry News Katy Shipley | June 9, 2018 1 Comment