CHESTERTON – Lake Erie Land Co., a subsidiary of NiSource Inc., has taken over ownership of Sand Creek Country Club.
Lake Erie has promised to continue business as usual at the country club.
Sand Creek Country Club Real Estate, which is owned by James Gierczyk of Illinois, took over ownership of Sand Creek in 2006 from Lake Erie after obtaining an $11.5 million mortgage. In 2009, he failed to make a payment on the loan and NiSource, the parent company for NIPSCO, started foreclosure proceedings.
