The Pointe Hilton Tapatio Cliffs Resort and its adjacent golf club are scheduled to be sold to the highest bidder at a foreclosure auction in November.
The 584-suite resort and its golf club, the Pointe Golf Club on Lookout Mountain, received a notice of trustee's sale from lender Bank of America on Aug. 23.
The compound financial pressure from a difficult tourism year and plummeting real-estate value forced several resorts into bankruptcy or foreclosure, including the Wigwam Resort in Litchfield Park; the former Mondrian Scottsdale Hotel in Scottsdale (reopened in May as Hotel Theodore); the Arizona Golf Resort in Mesa, and the Club at Seven Canyons in Sedona.
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