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Nick Schorsch is back and heading up a SPAC The former nontraded REIT czar is looking for a next act in the securities industry, and this time it s a family affair. February 25, 2021 3 MINS Nicholas Schorsch, the former nontraded REIT czar who is both loved and hated by financial advisers who sold his products, is reentering the securities business after several years on the sidelines and is heading up a brand new SPAC, or special purpose acquisition company, that will buy leisure-focused businesses. This month, G&P Acquisition Corp. registered a $200 million securities offering with the Securities and Exchange Commission, with the intention of selling 20 million shares at $10 each. Schorsch is the chairman of the G&P SPAC, which intends to invest in leisure-oriented businesses and the craft brewing automotive and distribution sectors. ....
Laney Griffo | Special to The Union The various Search and Rescue teams around the Lake Tahoe Basin are preparing for what they expect to be a busy season. Washoe County Search and Rescue president Brian Block said despite COVID-19, they’ve been able to prepare as normal with the exception of the avalanche classroom training being held online. They have about 30 volunteers with two full-time workers. They are assisted by the special vehicle unit, the WOOF team and Hasty Team, which is a highly trained unit specializing in backcountry, dive, swiftwater, helicopter hoist and technical rope rescue. They have started the field portion of the training at Galena, where they’ve been following COVID guidelines. ....
Washoe County Search and Rescue trains for the season. This week is Backcountry Awareness Week and with snow on the ground, the different Search and Rescue teams around the Lake Tahoe Basin are preparing for what they expect to be a busy season. Washoe County Search and Rescue president Brian Block said despite COVID, they’ve been able to prepare as normal with the exception of the avalanche classroom training being held online. They have about 30 volunteers with two full-timers. They are assisted by the special vehicle unit, the WOOF team and Hasty Team, which is a highly trained unit specializing in backcountry, dive, swiftwater, helicopter hoist and technical rope rescue. ....