Intrawest is a developer and operator of destination resorts and a luxury adventure travel company. The company was founded in 1976 as a privately funded real estate development company. In 2006, Intrawest was purchased by Fortress Investment Group, a private equity investment company, which resulted in the company being delisted from the Toronto Stock Exchange and New York Stock Exchange. Fortress was under financial pressure related to the Intrawest debt, but a new loan with a single lender was completed in April 2010 and all prior lenders were repaid in full. Intrawest ULC announced that it has picked a site for its new headquarters in Denver. Intrawest said it has leased office space at 1621 18th St. in Lower Downtown. Lease terms and the amount of space leased were not disclosed. The building, known as the 18th Street Atrium, was built in 1919. Intrawest's plans to move its headquarters from Vancouver, Canada, to Denver were first reported in January. Intrawest doesn't mind peaks and valleys in its business, as long as they're covered with snow. The company owns or has interests in a six ski resorts in North America, including Steamboat Ski & Resort in Colorado and Stratton Mountain Ski Resort in Vermont. It also owns Canadian Mountain Holidays, a provider of helicopter access to ski and hiking trails, and operates Club Intrawest, a portfolio of membership resort properties. Intrawest is also active in real estate, selling and developing properties near its resorts and at other locations in North America and Europe. The company is owned by private equity firm Fortress Investment Group.