The management company has been a longtime partner to the Southport, N.C. community, managing its 81 holes of golf and four distinct club facilities for the past 12 years. The ownership transition is scheduled to take effect February 1.
Chinese Investors Buy Classic Golf Group Properties
The management company’s three remaining golf courses in the Myrtle Beach, S.C., area—Burning Ridge GC, Indian Wells GC, and Founders Club—are being purchased for approximately $11 million.