Auction Period Extended for Bidding on Property Once Owned by Rabbit Ridge Winery

According to auction house Hilco,

“The qualified bid deadline has been extended to February 15, 2022, to allow for the completion of due diligence including independent third-party water well drilling and reports. To the extent possible, third-party reports will be made available to qualified bidders

See official site at this link:

Two Other Properties May Be Sold

The property being auctioned is the most valuable of three and is expected to bring the largest part of any real estate recovery. Great disagreement over property values makes valuation uncertain. For details, see: Deadlines and dueling appraisals

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Previous Wine Industry Insight Articles on Rabbit Ridge

• Rabbit Ridge Winery Properties Set for Over-Bid Auction
• Riboli drilling test water wells for possible Rabbit Ridge Winery Purchase
• Simultaneously evicted and not. Is Rabbit Ridge the Schrödinger’s Cat of Wineries?
• Rabbit Ridge Winery Bankruptcy Trustee Hires Farm Operator for 2021 Harvest; Most Grapes Still Unsold
• Deadlines and dueling appraisals set up Rabbit Ridge Winery property for an existential turning point in mid-June
• Unusual court proceedings mark bankruptcy auction for Rabbit Ridge Winery property scheduled for June 10 auction