It has a name far too similar to either a lewd and lascivious Alces alces or to loose stool. Neither is anything I want to think about when having a repast, thank you very much. In fact, the name reminds me very much of what the local papers always insisted on calling the Brass A at Newport, back in the day.

I have not read anything new about the Great Wolf Lodge. I surely hope that the corporation doesn't shut down our Mason location.

The corporation won't...but GE Capital might (more likely, they'd find a buyer who can finance the entire sum due or pay it in cash...).

The most recent news so far:

http://corp.greatwolfresorts.com/phoenix.z...&highlight=

The stock was up 33 cents today to $2.55...up 14.86 percent...so perhaps an agreement has been reached and will be announced soon?

http://corp.greatwolfresorts.com/phoenix.z...irol-stockQuote

In this shrinking economy, who can GE Capital find to buy the Great Wolf Lodge? It is in their best interest to extend the GWL's mortgage.

Well, GE Capital might be hurting as well, and looking for some cold hard cash. That might be one of the reasons why they haven`t reached terms with Great Wolf yet.

I can`t find a link to the article on Cincinnati.com right now. However, in today`s print edition, the Enquirer had an article updating the progress of the mortgage talks with GE Capital. The deadline has been extended to January 23, with interest rates retroactive to the previous deadline date of 6.5%. No update was provided on how close they are to reaching an agreement.

GE should not be so piggish. The economy is getting worse, not better. Should they foreclose on the Great Wolf Lodge, who do they expect to sell it to? Seriously! Nobody has money now, especially for investing in the entertainment industry. In tough times, people cut out luxuries first. Should GE not make a deal, it will be stuck with a property that it can't sell for quite some time.

Should GE not make a deal, it will be stuck with a property that it can't sell for quite some time.

Tough times don't last forever. GE usually has positive cash flows; sitting on a grand property like GWL shouldn't be too hard for a company of their economic size.

These are tough times, but sometimes there is nothing wrong with just waiting out a storm.

GE should not be so piggish. The economy is getting worse, not better. Should they foreclose on the Great Wolf Lodge, who do they expect to sell it to? Seriously! Nobody has money now, especially for investing in the entertainment industry. In tough times, people cut out luxuries first. Should GE not make a deal, it will be stuck with a property that it can't sell for quite some time.

No bank or mortgage ever wants to foreclose on any property.

Anyone that works in banking will tell you that it's more work for them than if the purchaser ..... actually pays what is owed.

GE should not be so piggish. The economy is getting worse, not better. Should they foreclose on the Great Wolf Lodge, who do they expect to sell it to? Seriously! Nobody has money now, especially for investing in the entertainment industry. In tough times, people cut out luxuries first. Should GE not make a deal, it will be stuck with a property that it can't sell for quite some time.

Despite the economic woes, if they were to put it up for sale this could be the perfect time for some company to take advantage and pick it up. Just because the economy is bad doesn't make it impossible, harder, but definitely not impossible.

Didn't work too well for Hard Rock Park so far...not even a $35 million minimum bid for a park that cost manyfold that to build.

As for the maturity extension:

http://www.bizjournals.com/milwaukee/stori...05/daily67.html

Just a bit of a side note on HRP, with the cafe complaining about how the park tarnished their image you'd think the cafe would be more willing to make it a success. IE: help promote the park, give a few years free of licensing to a new buyer, or since they think they are so great why don't they just operate the park themselves.

Now on topic, while it would be great for Cedar Fair or anyone to pick GWL at a bargain price it would be much better for GE to wade the storm out. The American people are very resilient and while we may not have hit the bottom yet, we will come back and we will see growth like never before. I suggest positive thinking in this economic enviroment, if everyone had a positive view and acted as such, we can get ourselves out of this hole much quicker.

Hard Rock Cafes very much have their own financial problems. They know they are not in the park business. I will at least give them that. In addition, the Seminole Tribe will probably not be interested in granting concessions.

http://www.hotelinteractive.com/article.aspx?articleID=6721

The local media on the story:

http://www.western-star.com/n/content/oh/s...eatwolfweb.html

The market has not been kind to WOLF after this last extension was announced. Yesterday, WOLF was down more than 25 percent (62 cents). Today, it closed down another seven cents:

http://finance.yahoo.com/news/Great-Wolf-s...f-14040929.html