The California Town Owned by a New York Investment Firm
Scotia was created, a century and a half ago, so that lumberjacks could live near the trees they cut down. Its current owners have been trying for more than a decade to bring new residents to town.
Michael Waters writes about Scotia, a town created by Pacific Lumber that is now owned by the a Manhattan investment firm Marathon Asset Management.
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The California Town Owned by a New York Investment Firm
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Michael Waters on X: now, Scotia's creditor is trying to cash out in any way it can the result is that a pretty wild set of people and businesses (ketamine retreats! expensive
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