Schlitterbahn park on North Padre sold at auction to IBC

Posted Sunday, May 6, 2018 11:19 AM | Contributed by slithernoggin

IBC Bank, holding roughly $32 million in debt by the Schlitterbahn Riverpark & Resort in Texas’ North Padre Island has taken ownership of the park at a foreclosure auction.

Read more from KSAT/San Antonio.

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