SOURCE: Parkbridge Lifestyle Communities Inc.

Parkbridge Lifestyle Communities Inc.

November 05, 2015 10:42 ET

Parkbridge Lifestyle Communities Acquires Riverside Resort in Whistler, B.C.

Parkbridge Remains Leading Owner, Operator and Developer of Land Lease Communities with Continued National Growth and Expansion

WHISTLER, BC--(Marketwired - November 05, 2015) - Parkbridge Lifestyle Communities Inc. (Parkbridge), Canada's leading owner, operator and developer of residential and recreational land lease communities, is pleased to announce the recent acquisition of Riverside Resort in Whistler, B.C. Parkbridge officially acquired the property, a 181-site RV resort in Whistler British Columbia on November 3rd, 2015.

Riverside Resort (www.whistlercamping.com) is situated on 34 acres of spectacular land and offers a variety of accommodations for all four seasons featuring log cabins, full-service winterized RV sites, partial-service RV and multi-use camping sites, walk-in tent sites, and yurts. In addition, there are four commercial tenants including Scandinave Spa, a 24,000 square foot Nordic-inspired outdoor spa (www.scandinave.com/en/whistler/).

"We're excited about the acquisition of this remarkable property and we look forward to welcoming the Riverside Resort staff to the growing Parkbridge team," said Lachlan MacLean, Vice President, Property Operations, Parkbridge Lifestyle Communities. "Riverside Resort is a unique property, being the only RV resort within Whistler municipal boundaries, and is located only 1.2 kilometers from Whistler Village," he added.

British Columbia Expansion

Parkbridge continues to grow and expand across Canada. With the addition of Riverside Resort Parkbridge now owns a total of 17 properties (2,178 operational sites) in British Columbia which includes four RV resorts, 11 residential communities and two development projects.

National Expansion

Throughout Canada Parkbridge is the largest operator and developer of recreational and residential land leased communities with over 111 properties. This recent acquisition will be the company's 38th resort property in what is the largest and highest quality land lease portfolio in Canada.

For more information on Parkbridge and Riverside Resort please visit the website www.parkbridge.com or like us on Facebook www.facebook.com/ParkbridgeLifestyleCommunities.

About Parkbridge:

www.parkbridge.com

Parkbridge Lifestyle Communities Inc. ("Parkbridge") is Canada's leading owner, operator and developer of residential land lease communities, recreational resorts and marinas. Widely recognized as the industry leader in Canada, Parkbridge owns and operates the land, amenities and infrastructure while residents own the dwelling. It is a business model that results in solid investment fundamentals, offering a high quality, affordable and well-located product, geared toward Canada's changing demographics. Parkbridge's mandate is to make residential and recreational communities affordable, yet exceptional.

Image Available: http://www.marketwire.com/library/MwGo/2015/11/5/11G070707/Images/scandinave-spa-whistler-59d4f98c1341a082a6b5d196c77d9e72.jpg

Contact Information

  • For information and interview inquiries please contact:

    Jessica Moran
    Communications Lead
    C: 519-312-1365
    E: jmoran@parkbridge.com