Taos Ridge 2Our trusted Dallas Addison, lawyer and vacation/recreation home consultant extraordinaire, returned recently from a ski trip to Taos, New Mexico, where the once family-owned resort has been sold to conservation billionaire Louis Bacon. Bacon, the 55 year old founder and Chief Executive Officer of Moore Capital, is estimated by Forbes to be worth $1.4 billion. Late last year, he inked a deal to acquire the sleepy but STEEP New Mexico ski resort many of us know too well, Taos. Bacon graduated from Middlebury in Vermont, and was in my brother-in-law’s class for his Columbia’s M.B.A. Forbes says he has a history of land conservation efforts and “has personally set aside 200,000 acres of land in New York, North Carolina, and his home state of Colorado.” Sounds like we need to meet this guy!

Well, let’s see what Dallas Addison and his daughter say about the place under the sleek new management.

Taos Ridge 2Our trusted Dallas Addison, lawyer and vacation/recreation home consultant extraordinaire, returned recently from a ski trip to Taos, New Mexico, where the once family-owned resort has been sold to conservation billionaire Louis Bacon. Bacon, the 55 year old founder and Chief Executive Officer of Moore Capital, is estimated by Forbes to be worth $1.4 billion. Late last year, he inked a deal to acquire the sleepy but STEEP New Mexico ski resort many of us know too well, Taos. Bacon graduated from Middlebury in Vermont, and was in my brother-in-law’s class for his Columbia’s M.B.A. Forbes says he has a history of land conservation efforts and “has personally set aside 200,000 acres of land in New York, North Carolina, and his home state of Colorado.” Sounds like we need to meet this guy!

Well, let’s see what Dallas Addison and his daughter say about the place under the sleek new management.

mineola-small-23Ola — wanted to introduce you to one of our shining new expert contributors on SecondShelters.com… 

As a quick intro, my name is Dallas Addison, and my passion is real estate.  I’m trained as a lawyer and have helped many clients throughout the country buy, sell, develop and manage all types of  real estate over the years, with a  particular focus on recreational and hospitality-based real estate,  such as golf courses, resorts, ranches, second homes, etc.  I’m also a founding principal of Preservation Land Company, which has created several incredible (if I may say so) conservation-based recreational ranches near Dallas and worked on projects in Montana,  Hawaii and New Mexico.  On the educational side, I’m a long-time member of the Recreation Development Council  of the Urban Land Institute, a  global organization of leaders in the  real estate industry  whose mission is to provide leadership in the responsible use of land and in creating and sustaining thriving communities worldwide.

So  why am I boring you with a bio?  Because I want to share with you interesting things that are going on in recreational real estate (which we’ll broadly define) and we think it’s important to know that your source is not only reliable but actually 100% involved in the industry.

I also have a personal interest in how sustainability concepts are applied in recreational real estate.   While completely overused, the concept of sustainability still has merit.   Locally, it’s darn hot here and by the looks of our rapidly dropping lakes, we’re using lots of water.  Plus, our area is quickly growing, one way or the other, putting even more stress on our resources.  We should be looking to make choices that create better and more livable communities.  So, where I see interesting and innovative sustainability practices being applied, I want to share those as well.

Finally, how  did I connect with Candy?  Well, interestingly, her husband unexpectedly delivered our first daughter, but that’s not actually how we met.  We bumped into each other years ago as we share a passion for real estate. She came out to visit one of our projects, Cross Pines Ranch near Mineola.  We’ve had many interesting conversations about what’s going on in this space and we thought others might want to listen in on the conversation.

Stick around,  and I think you’ll  enjoy the ride. I’ll be posting on SecondShelters.com, the sister site for vacation properties, but we will be sure and let you know when we post by including a teaser here on CandysDirt.

Next up—the Aspen report (just in time for ski season) and Cross Pines Ranch... over on SecondShelters.com.