Mt. Rose Ski stays family-owned
Fritz Buser, owner of Mt. Rose Ski Tahoe, has transferred the majority interest in the North Lake Tahoe/Reno ski area to his children and grandchildren.
Fritz became the company’s majority shareholder in 1971 and has controlled the growth and direction of Mt. Rose ever since, including the merger with Slide Mountain in 1987. Buser’s son, Kurt, has served as executive president of the company for the last 20 years, and Paul Senft has served as general manager since 1992.
The $4.586 million deal includes a low-interest SBA 504 loan facilitated by Nevada State Development Corporation. Heritage Bank of Nevada partnered in financing.