Cypress Buys Into Mammoth Lakes Potential
MAMOUTH LAKES, CA, August 16, 2007. Cypress Equities has acquired the "Hillside" property at the intersection of Lake Mary Road and Canyon Boulevard in Mammoth Lakes, Calif.
Cypress Equities is currently working on a management agreement with a Five-star Hotel Operator for private, ultra-luxury residences featuring the finest in hotel amenities.
Chris Maguire, CEO of Cypress Equities, said, "We know Mammoth Lakes is not a secret - the mountain and the surrounding area makes for a phenomenal year-round resort. We also know that the real estate here in Mammoth is undervalued, so we plan on making this the ultimate destination for those who are seeking a luxurious and serene lifestyle with excellent skiing, biking, fishing and hiking."
Currently, the "Hillside" property floor plans, sizes, amenities and services are in the design and review phase and the complete project consultant team is being assembled. A marketing campaign is expected to launch later this fall.
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