Empire Ranch loan executed; GSR paid

An Empire Ranch Golf Course loan went through in a bankruptcy case and GSR Investments, LLC, has received more than $1.2 million, according to Garth Richards of GSR.“I was paid late yesterday afternoon,” Richards, who also has the Silver Oak Golf Course and Conference Center, said Friday.His GSR limited liability company had the first priority lien position in the case with the U.S. Bankruptcy Court of Nevada in Reno, but the loan moves him out of that position, apparently forestalli