Concert Golf Chairman Peter Nanula informed members of the 16 clubs that would have been sold to ClubCorp that “the fit just wasn’t right.” Nanula added that his firm would now refocus on “adding more fine clubs to our boutique portfolio.” Clubs owned by Newport Beach, Calif.-based Concert Golf Partners have been informed by Concert’s…
New England Properties Focus on Youth, Women to Grow the Game
Properties like Cold Spring Country Club in Belchertown, Mass., and Crestview Country Club in Agawam, Mass., are zeroing in on the growing youth and female demographics. Tom Hantke, Executive Director of the Connecticut PGA, feels the industry focuses its efforts too much on its core group, rather than the other 86 million who report some interest in the game if given “some encouragement and attention.”
Springfield CC Sold to Hannoush Family
Members of the West Springfield, Mass., club agreed to sell the golf courses and clubhouse for an undisclosed sum. The Hannoush family operates a chain of jewelry stores and boutiques, and says they do not have “concrete plans” on what to do with the club, other than “improve the looks” of the dining room and update the property.
Crestview CC Completes Recapitalization with Concert Golf
The membership of the 95-year-old private club in Wichita, Kansas overwhelmingly approved the arrangement that will pay off all club debt, lower annual member dues, start $1 million of immediate capital projects and bar all future assessments on the membership.
Concert Golf Partners Could Buy Crestview CC
The Wichita, Kan., club has a letter of intent to sell to the Newport Beach, Calif.-based owner/operator. Under the agreement, Concert Golf would pay the club’s debt, freeze dues, eliminate assessments, pay for capital projects, and take over operations.
Elmcrest CC Sold for $1M at Foreclosure Auction
The new ownership group plans to have the East Longmeadow, Mass., golf course open by this spring, even though partner David Fleury notes “there is a lot of work to be done.” The same group also owns Crestview Country Club in Agawam, Mass., and hopes to implement economies of scale in managing both properties.
Crestview CC Takes on Thanksgiving Dinner
At-home Thanksgiving dinners are becoming things of the past, as more Americans are relying on restaurants for all or part of their holiday dinners. The Agawam, Mass., club offers a grand buffet and to-go packages. A National Restaurant Association 2013 report estimated that 33 million Americans planned to rely on restaurants for all or part of their…
Crestview CC to Showcase Renovations During Wichita Open
Crestview Country Club in Wichita, Kan. is ready to display its recently renovated north golf course when the four-day Preferred Health Systems Wichita Open tees off on August 6. According to the Wichita Business Journal, club members financed nearly $1 million to install new zoysia fairways and to lengthen the first and ninth holes. The…