Coral Investment Group, along with its long-term partner, ITG Group, has acquired Calusa Lakes Golf Club, Waterford Golf Club and Capri Isles Golf Club. The golf clubs will be managed through Coral Hospitality, which now runs 12 courses and country clubs. “We are delighted to add the Golf In Venice properties to our growing portfolio, and look forward to welcoming new members and guests to the Coral family,” says Lee Weeks, Chief Executive Officer of Coral Hospitality.

A Naples, Fla.-based investment company recently purchased three Venice golf clubs, increasing the portfolio of courses it owns to eight and the number of courses and country clubs managed by Coral Hospitality to 12, the Herald-Tribune reported.

Coral Investment Group, along with its long-term partner, ITG Group, have acquired the three golf clubs, which will be managed through Coral Hospitality – Calusa Lakes Golf Club, Waterford Golf Club and Capri Isles Golf Club, the Herald-Tribune reported.

The purchase price was not disclosed.

Together, the courses, marketed as Golf in Venice, include 63 holes of championship golf, the Herald-Tribune reported.

The clubs provide members and the public a variety of course options in a market dominated by private clubs.

Known for its hotel and resort management, Coral’s other golf properties in Florida and Georgia include Arrowhead Golf Club, Eagle Ridge Golf Club, Misty Creek Country Club, Jacaranda West Country Club, Riverwood Golf Club, Rosedale Golf and Country Club, Brasstown Valley Golf Course, Georgia Veteran’s Golf Course and Wallace Adams Golf Course, the Herald-Tribune reported.

“We are delighted to add the Golf In Venice properties to our growing portfolio, and look forward to welcoming new members and guests to the Coral family,” Lee Weeks, Chief Executive Officer of Coral Hospitality said in a prepared statement. “We have successfully managed over 40 clubs over a span of 25-years, as well as owning and developing hotels, resorts and community associations.”

Coral Hospitality is also offering an opportunity for golfers to join all three courses with a single membership, the Herald-Tribune reported.

Calusa Lakes Golf Club is situated in wooded terrain, with wooded fairways and Paspalum Grass greens over 18 holes.

Capri Isles Golf Club is a par 72 layout offering challenges for both serious and casual players, with strategic water features, fairway and greenside bunkers, and four sets of tees.

Waterford Golf Club is a semi-private course situated within two upscale home developments.

Coral Hospitality says it has tailored its management approach to each individual club to highlight the distinct characteristics of each, allowing members and guests to always have a spectacular and memorable experience, the Herald-Tribune reported.