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2 Calistoga Wine Properties Face Foreclosure
Calistoga Vintner Services “is working through a capital restructuring involving” two Calistoga wine properties which face foreclosure Oct. 16, founder Jorge H. Anguiano told the Napa Valley Register. He attributed the financial squeeze to broader macroeconomic and industry pressures.”
Notices for the foreclosures show a total of $46.25 million.
Judd's Hill Winery Another Victim of Continued Downturn in Wine Consumption
Judd's Hill Winery is winding down its winery operations and will not longer produce custom wines or operate a winery facility.
"The continued downturn in wine consumption and sales has made it no longer pssible for us to continue operating," the winery said in a letter
Signorello Estate Faces Foreclosure
It took seven years for Signorello Estate Winery to recover from the 2017 Atlas Fire. Now, it could be sold at a public auction after American AgCredit filed foreclosure papers to foreclose on two loans – one with a balance of about $30.9 million, the second with a balance of