The private Roanoke, Va., club and its neighboring residential development have been purchased by Kula Golf, LLC, which has engaged Landscapes Management Company to provide management services. The club features a 190-acre Lester George-designed 18-hole championship course.
Eight years after initial development, the ownership of Ballyhack Golf Club in Roanoke, Va., has changed hands.
The club and the neighboring residential development has been sold to Kula Golf, LLC, a Nebraska-based golf real estate investment company that focuses on the ownership of premium and exclusive private clubs. Kula’s majority owner is an entity owned by the Peed family from Lincoln, Nebraska.
“After visiting Ballyhack late last year, we knew it was a special place,” said Zach Peed, Manager of Kula Golf, LLC. “Our goal is to enhance and improve the already great golf experience at Ballyhack for our members and their guests. We are excited about the opportunity and look forward to being a part of the Roanoke community for many years to come.”
The sale transaction also included 40 unsold residential lots in “The Estates at Ballyhack” and “The Clubhouse Villas,” two residential neighborhoods that border the golf club property. Kula expects to continue the private club concept for Ballyhack and to focus on unparalleled service, outstanding course conditions and the ultimate guest experience.
Landscapes Management Company, a division of Landscapes Unlimited, has been engaged by Kula to provide ongoing management services, assistance and club oversight. The current management staff, led by General Manager Joe Zaleski, will stay intact and will work diligently to continue club operations seamlessly.
Nestled in the Blue Ridge Mountains, Ballyhack’s 190-acre Lester George-designed 18-hole championship course is a classic Scottish highland-type design incorporating the dramatic topography of the property. Featuring 50 to 70 foot elevation changes, fairways as wide as 150 yards, and old-style, gouged-out, roughed-out bunkers, the course set new benchmarks in modern golf course design.
The Peed family has invested significant proceeds from their publishing and livestock operations into land holdings, included among those, other notable destination private clubs such as Sutton Bay in South Dakota and ArborLinks in Nebraska.
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