The all-cash acquisition of the private Roswell, Ga., club includes the property’s 18-hole golf course and golf training center, 10 tennis courts, a fitness facility and an Olympic swimming pool. The Williamsburg, Va.-based firm plans to enhance the club through additional capital investment and professional management.
Accord Golf Capital has acquired the Brookfield Country Club in Roswell, Ga., in an all-cash transaction.
Brookfield is a well-established private country club with an 18-hole golf course, a state-of-the-art golf training center, 10 tennis courts, a fitness facility, and an Olympic swimming pool. Accord plans to enhance the club through additional capital investment and professional management.
“We are extremely proud to be associated with one of North Atlanta’s finest private clubs and we look forward to building upon its strong reputation and traditions,” said Paul Mauk, Managing Partner, Accord Golf. “Over the next twelve months, we will implement a capital improvement plan that will include upgrades to the golf course and clubhouse in order to build on Brookfield’s standing as one of the finest family-oriented clubs in the North Atlanta market. We believe the members will appreciate the enhancements we’re planning.”
Based in Williamsburg, Va., Accord Golf Capital is an active buyer of high-quality golf properties and golf-related debt instruments. The company also provides senior and mezzanine financing to experienced golf owner/operators.
“The Brookfield acquisition presented several challenges that allowed us to leverage the unique capabilities of our management team,” said Chris Crovatto, Managing Partner, Accord Golf Capital. “As an all-cash buyer that is deep in transactional experience and knowledge of the golf asset class, we are comfortable in situations where speed and certainty of execution are at a premium.”
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