NewECMlogo

Top-Flight Foursome

By

The 2015 winners for the Excellence in Club Management Awards co-sponsored by McMahon Group and Club & Resort Business.


ClubCorp Acquires Marsh Creek CC

By | February 3, 2016

The private St. Augustine, Fla., property features an 18-hole golf course, a clubhouse with upscale and casual dining, tennis center, fitness and aerobics rooms, and private event space. ClubCorp is planning a capital project to upgrade the facility and add new amenities.


ClubCorp Expects Record Full-Year and Fourth-Quarter Results

By | January 29, 2016

The management firm announced preliminary and unaudited fiscal-year 2015 financial results that showed total revenue up 19.1% from 2014. Despite a 100-year rain event in Texas during 2015 and the current volatility in the oil market, same-store combined clubs revenue in that state, where ClubCorp has 42 properties, was up 2% from 2014 with accelerated growth in the fourth quarter, and President/CEO Eric Affeldt expressed “confidence in the resiliency of our business.”


Bernardo Heights CC Acquired by ClubCorp

By | December 18, 2015

The private, previously member-owned club in San Diego will undergo a multimillion-dollar reinvention project that will create a new outdoor patio, expanded grill, new golf cart fleet, and completion of a greenside bunkers renovation. The deal marks the ninth acquisition for ClubCorp in 2015.


New Owners Take Over Minnesota, Florida, New York Golf Properties

By | November 19, 2015

All Pro Holdings LLC has paid $3.8 million for Hastings (Minn.) Country Club, with plans to reopen in spring as a semi-private club. Legacy Golf Club in Lakewood Ranch, Fla., which was part of a ClubCorp acquisition earlier this year, was purchased by Jon Whittemore for $3.4 million. Carol McLean-Wright placed the winning bid of $1.4 million for 1000 Acres Ranch Resort in Stony Creek, N.Y., at bankruptcy auction.


Redwood Six Launched as New Management Firm

By | November 4, 2015

The Houston- and Atlanta-based company is comprised of former partners and executives from Sequoia Golf, which was acquired by ClubCorp in 2014. The new firm is looking to build a portfolio of private club and destination golf resort properties.