BIG SKY, Mont., Nov. 27, 2013 -- Lone Mountain Ranch, one of the Top 20 Ranch and Nordic Destinations in the America, announced today it has been acquired by Makar Properties, LLC, an innovative real estate development company committed to creating and preserving cherished experiences in resort travel. The All-Inclusive Montana guest ranch, listed on the National Register of Historic Places, will continue to feature its dual season family adventure experiences hosted by passionate local staff – with one of the most extensive Nordic trail systems to be found in the United States.

Makar Properties holds a unique position in its efforts to preserve the heritage and magic of its various resort destinations. The innovative real estate development group is known for enhancing its unique boutique destinations through, luxury amenities, unique experiences and by preserving and enhancing both local and hand-crafted beauty.

"We are simply honored for the opportunity to add Lone Mountain Ranch to our portfolio of properties," said Paul Makarechian CEO of Makar Properties. "The Ranch is rich with heritage, shared experiences and stunning natural beauty -- and we are committed to continuing this tradition of creating cherished memories with impeccable and personal service for our guests."

Lone Mountain Ranch has an enviable location only 20 miles from Yellowstone National Park and offers a wide range of Winter and Summer family activities including, winter sleigh ride dinners, Nordic and down hill skiing, snow shoeing, fly-fishing, horse back riding, various excursions into Yellowstone, mountain biking, outdoor youth adventure programs, yoga, BBQ's and so much more.

In addition to Lone Mountain Ranch, Makar Properties currently owns and operates Mediterranean inspired Palm Springs retreat, Korakia Pensione. Korakia is recognized by the Sunday London Times as "one of the top small hotels in the world" and by The New York Times as "one of the sexiest hotels in America," and remains one of the best-kept secrets for celebrities and travelers seeking a unique travel experience. The unique and diversified development group is also currently re-inventing Hotel Goleta, a fashion forward surf lodge destination in Santa Barbara scheduled to be re-launched in 2014.

About Makar Properties

Headquartered in Newport Beach, California, Makar Properties, LLC is an innovative diversified real estate development company that specializes in the acquisition, development, and management of master-planned communities and mixed-use, resort, retail, golf, office and residential properties in premier locations and high barrier to enter markets. Makar is best recognized for developing lifestyle communities that combine luxurious, uniquely located hotel properties with upscale residential collections to create destination resort living.

Contact: Fallon Buckelew - Swift

fallon.buckelew@swift.co / 310.935.3887

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