Stone Harbor Golf Club in Cape May, N.J. was acquired by Heritage Golf Group in an off-market transaction. In addition to a championship golf course, Stone Harbor features a driving range, short game area, and a large putting green. The clubhouse offers multiple dining options, event space, and an outdoor bar and patio. Capital projects are planned for improvements to both the golf course and the clubhouse.
Heritage Golf Group has acquired Stone Harbor Golf Club in Cape May, N.J. from the Fishman family in an off-market transaction. Terms were not disclosed.
Heritage Golf Group’s portfolio now numbers 31 private country clubs, high-end daily-fee, and resort courses in the eastern, central, and Rocky Mountain regions of the United States. With the addition of Stone Harbor, Heritage now has a unique and diverse cluster of four high-quality private clubs throughout the New Jersey market that also includes Stanton Ridge Golf and Country Club, Basking Ridge Country Club and Shackamaxon Country Club.
In 2015, Club + Resort Business wrote about a tent upgrade at Basking Ridge that revitalized event business by providing a new venue for outdoor gatherings.
“We are excited for the opportunity to expand our footprint in New Jersey, entering the renowned Cape May market to serve not only year-round residents but a large number of seasonal members spending time on the Jersey coast during the warmer months of the year,” said Jim Oliver, Chief Operating Officer of Heritage Golf Group. “Over the course of his ownership, Lee Fishman has profoundly and positively transformed Stone Harbor Golf Club with improvements and additions, setting the stage for Heritage to take the club to the next level. We look forward to continuing to enhance the member and guest experiences to complement our growing network of clubs.”
Set on more than 350 acres in the seaside community of Cape May, Stone Harbor Golf Club is in close proximity to Atlantic City and Philadelphia. The course was initially designed by Desmond Muirhead in 1987 and has continued to evolve to offer members an unparalleled private golf club experience. The par 72 course features five sets of tees, 58 bunkers, and water hazards on 11 of 18 holes, including an island green.
In addition to the championship golf course, Stone Harbor features well-maintained practice facilities with a driving range, short game area, and a large putting green. The clubhouse offers multiple dining options, event space, and an outdoor bar and patio. Capital projects are planned for improvements to both the golf course and the clubhouse.
“I am very pleased to turn over stewardship of Stone Harbor Golf Club to Heritage Golf Group,” said Lee Fishman. “The team has demonstrated its ability to invest in and transform high-quality golf clubs to the next level. I believe it is the right fit for our membership to have Heritage to take Stone Harbor forward and continue its legacy as a leading private club.”