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Tackleberry

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Posts posted by Tackleberry

  1. Yes, if you look at that picture, all of those pieces are very straight. No roller coaster would have that many full straight pieces. It is a great thought, but anything that shows up on a satelite image has been at the park for a few years now.

     

    Google satellite images of the park are 2015. Also, they wouldn't put them inside the PAC, the greenness of the grass suggests its in season, etc.

  2. I'm not sure how switching from one REIT to another will help things.

     

    I think it could make a world of difference. CNL's REIT had matured and they were in the liquidation/exit phase, so it didn't really make sense for them to invest in the property so close to a sale.

     

    EPR just acquired the park, and will hopefully invest in marketable capital to increase the park's value.

     

    Solid point... when CNL first came in, we got Motocoaster, BlastOff, Boardwalk, Rowdy's Ridge, Splashtown, etc. and re-paints on Boomerang, Viper, Giant Wheel and The Waterslide Complex That Shall Not Be Named.

  3. http://buffalonews.com/2016/11/03/darien-lake-sold/

     

    Darien Lake changes hands

     

    By Samantha Christmann

    Published 4:47 p.m. November 3, 2016 Updated 2 hours ago

     

    Darien Lake theme park has been sold, but it's not yet clear what that means for park patrons.

     

    EPR Properties has entered into an agreement to buy a bundle of recreational properties from CNL Lifestyle Properties which includes the Genesee County theme park. EPR Properties is a publicly-traded, Missouri-based real estate investment trust. CNL Lifestyle Properties is a real estate investment fund based in Orlando.

     

    Just what changes might be in store for the theme park are anybody's guess because the company that bought the park is not yet talking.

     

    Papers filed with the Securities and Exchange Commission Wednesday show that EPR Properties bought Northstar California Ski Resort near Lake Tahoe, a portfolio of 15 waterparks and amusement parks and five small family entertainment centers from CNL Lifestyle Properties for $456 million.

     

    ADVERTISEMENT

     

     

    Last year, CNL Lifestyle Properties announced that it had lost nearly a quarter of its share value in 2014. In 2015, it specifically mentioned poor performance at Darien Lake in its letter to shareholders, citing "weather and operational challenges." Darien lake had reported a 33 percent drop in earnings, down to $3.7 million from $5.6 million the year before.

     

    At that time, CNL announced it had gotten rid of Herschend Family Entertainment and installed Premier Parks LLC to run the day-to-day operations at the park. The company also announced it would phase out the CNL Lifestyle fund, which holds theme parks and golf resorts among other facilities, and seek a buyer for any remaining assets.

     

    Gregory Silvers, president and CEO of EPR properties, said in a statement that he doesn't expect the acquisition to be immediately profitable, but said it will diversify the company's profile with "proven, durable assets" that allign with positive economic trends.

     

    Stephen H. Mauldin, CEO of CNL Lifestyle Properties, said he is proud of the unique, long-established properties he had built.

     

    "We believe this transaction is the best fit for selling the remaining properties in our portfolio as we complete our exit strategy to provide liquidity to our shareholders," he said.

     

    Darien Lake is CNL's largest theme park.

     

    Representatives for EPR Properties declined to comment on their plans for the park. Neither Darien Lake nor CNL Lifestyle Properties could be reached for comment.

     

    email: schristmann@buffnews.com

  4. That's odd. I've been a pass holder since I was young, and visited the park probably over 10 times this year, and received no survey. Are you a pass holder or just enrolled in any park email subscription?

     

    I know that my answers probably won't mean much to the park, but seeing that I am such a frequent visitor to the park, I would like to point some things out that I've noticed this year.

     

    I got it but addressed to my 4 yr old son. In the past Ive gotten them whenever we camp, so I figured it was that again.

  5. Does Premier have an official website? I've tried to search them, using multiple different names (Premier, Premier Parks, Premier Entertainment, Premier Rides, and all of those with an LLC attached to them too just in case). But nothing pops up except some godaddy pages saying the sites are available for purchase. The CNL Lifestyle properties page lists out their properties (as it should) but I was more interested in specifically what Premier runs instead. Also, any word on the Apex Group acquisition of MFI yet? I think I saw one post on their page thanking the family for all their hard work but I believe that's all I've seen. And if im not mistaken, that was in August.

     

    The acquisition has been done for a while now if thats what youre asking.

  6. First of all, it's very likely that the Giant Wheel will never receive new lights again because the main connector broke down years ago due to a bad power outage and the company that built it stopped making parts. Even if it was possible to invest in a new ferris wheel, I don't think that Darien Lake would be interested unless if a company like Cedar Fair or Six Flags designed a ferris wheel prototype for their parks (Cedar Fair added the WindSeeker and Six Flags added the SkyScreamer and the Giant Loop prototype). Personally, I love how Darien Lake has a huge ferris wheel and I would hate to see it go away. I'm hoping that the park can find a way to install LED lights on it at some point in the next decade. I also hope that all the LED lights on Rolling Thunder are working properly next season.

     

    They can find a way, they just have to spend the money. The "main connector" would be irrelevant if they added a new light system.

     

    I don't recall there being an issue with Rolling Thunder's lights?

     

    From my understanding, the Twister will not be back next year. They put all the restraints back on it so that way they could get ready to sell it.

     

    Not surprising.

     

    Also, it's very possible that the Grizzly Run and Thunder Rapids might be gone in a year or two. I think it makes sense since both of those water rides are pretty old and repairs probably cost a lot of money. From what my friend was saying, they could put a few rides back in that area that could go along with the Rowdy's Ridge. He also said that they might extend the parking lot to cover the area that Thunder Rapids currently occupies if they take it out.

     

    This is opinion. I don't see it happening without something wet replacing it. Removing Thunder Rapids would only add handicapped parking. Both are very popular and would not be a good look for the park. They are also pretty simple mechanically if you think about it, and both are made by Intamin so its not like there's no place to get parts from.

     

    It also costs a lot of money to paint the coasters, but they are supposed to finish paining Mind Eraser this Spring.

     

    I would say so... there's a lot involved, especially with Mind Eraser and ROS being over the water. That's probably why PARC only painted Boomerang and Viper.

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