Okotoks Air Ranch Limited Partnership et al. - SISP

MNP Ltd. in its capacity as the Proposal Trustee of Okotoks Air Ranch Limited Partnership, Okotoks Air Ranch General Partner Inc., and Okotoks Air Ranch Limited Partner Inc. (collectively, the “OAR”) will conduct a stalking horse sales and investment solicitation process in respect of the operations, property, assets, and undertakings of OAR. OAR’s assets include four parcels of real property, two hangar buildings - one large 14,000 square foot hangar with office space, and a smaller 580 square foot hangar, and other assets and equipment related to general maintenance of the airport. The real property may also have redevelopment potential as an infill opportunity with surrounding amenities, existing housing, infrastructure, and utilities.  For interested buyers adjacent land parcels may also be available for purchase outside of these proceedings. All bids must be received by MNP Ltd. by no later than April 21, 2025.

Interested parties are to contact Steven Barlott at [email protected] for more information. Additional information on the proceedings can be found on MNP’s case website.