The university purchased the Pensacola, Fla., property in 2012 for $2.2 million, but has decided to shift its focus to student performance and retention. RNL Investment Group is expected to close on the sale by August 31, with plans to enhance the golf course and install a new food-and-beverage operator. The University of West Florida…
New Owner of The Moors GC Outlines “Grand Vision” for Property
The club on Florida’s panhandle was closed for four years before it was purchased by developer Brian DeMaria for $1.5 million. He now plans “a destination retail and entertainment resort” that may or may not include golf.