Sports Icons Andre Agassi and Steffi Graf Partner With Bayview Financial to Bring Luxury Hotel to Tamarack Resort

DONNELLY, Idaho, Aug. 25 /PRNewswire/ — Tennis superstars Andre Agassi and Stefanie Graf — the only two players in the world to win all four Grand Slam titles and Olympic gold — announced today that their company, Agassi Enterprises of Las Vegas, Nevada, together with Bayview Financial, a full- service real estate investment and mortgage finance company based in Coral Gables, Florida, have entered into an agreement with Tamarack Resort in Idaho to develop a luxury hotel.

Tamarack, which opened in December 2004 as the nation’s first all-season resort in more than 23 years, has gained global recognition for having the rare combination of ski, golf, village, and lake amenities, as well as world- class mountain biking trails, in a unique luxury boutique setting.

The Agassi Enterprises-Bayview Agreement with Tamarack follows a feasibility study conducted by third-party hospitality expert PKF Consulting, San Francisco, which concluded that Tamarack Resort represents an excellent location for a mixed-use lodging development combining a majestic alpine location on a lake with the same compliment of world class facilities and amenities as other premier North American resorts such as Sun Valley, ID; Deer Valley, UT; Vail, Beaver Creek and Aspen, CO; Jackson Hole, WY; and Whistler, British Columbia.

“We are delighted to be partnering with Andre and Steffi in this project,” said David Ertel, CEO of Bayview. “The all-season recreational opportunities available at the resort and the surrounding wilderness truly make Tamarack a unique and exciting opportunity for Bayview and our partners.”

“Andre and Steffi’s decision to partner with Bayview in Tamarack is indicative of their interest in developing exceptional lifestyle experiences,” said Perry Rogers, president of Agassi Enterprises, Inc. “Tamarack’s majestic surroundings provide the ultimate year-round escape for outdoor enthusiasts and families alike. Their investment in a luxury hotel property here creates an opportunity for others to share in the exclusive Tamarack experience.”

The venture has not yet announced an operator for the hotel at Tamarack, but the company is in talks with several of the world’s most highly recognized luxury hotel brands.

“Our agreement with the Agassi-Bayview venture to develop this hotel further substantiates the standing of Tamarack as a premier luxury destination,” said Jean-Pierre Boespflug, Tamarack Resort CEO.

About Bayview Financial

Bayview Financial is a $9 billion finance and real estate investment company headquartered in Coral Gables, Florida. The firm has 1,420 employees, operating through 32 offices in 13 states and 4 offices in Canada.

About Agassi Enterprises, Inc.

Agassi Enterprises provides business management, sports marketing, and financial investment strategies to superstar athletes Andre Agassi and Stefanie Graf, with an eye toward achieving their clients’ long-term goals. The company, established in 1993, is headquartered in Las Vegas, Nevada.

About Tamarack Resort

Tamarack Resort, the first all-season resort to be permitted in the U.S. in 23 years, has received national attention for having not one, but three spectacular crown jewels: a world-class ski mountain, a Robert Trent Jones II signature golf course and beautiful Lake Cascade, suitable for swimming, sailing, fishing, sea kayaking, and boating. A key element of the Tamarack community is The Club at Tamarack for homeowners, their families and guests. The Club at Tamarack plans social activities and family events, organizes discovery adventures such as whitewater rafting and fly fishing, and provides an unparalleled level of guest services to its members and guests. For more information about Tamarack Resort, call 877-TAM-RESORT or visit www.tamarackidaho.com.

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