edition-184-golf-business-weekly.pdf
Many clubs, especially those built with high-interest debt and a real-estate component, claim a developer as owner number 1 and a banker as owner number 2 after the place goes belly-up
As seen in Golf Business January/February 2024 By Scott Kauffman, Contributor, Golf Business Four years after the coronavirus pandemic sparked a rejuvenation in the golf industry, the 2024 golf season is shaping up to be another strong business year for course owners...
It is against Amex’s contractual regulations to levy a surcharge on an Amex transaction other than for a utility, government agencies, educational institutions, and rental establishments (i.e., real estate rentals). A Visa from a MasterCard or Discover card because the surcharge limit on Visa is 3%, and 4% on the others
By Larry Hirsh, President, Golf Property Analysts Robert Dedman, Sr., founder of ClubCorp (now Invited) was once quoted as saying: “Clubs are run like nobody’s business because they are nobody’s business.” That philosophy was the foundation of what is now a much...
As seen in Golf Business January/February 2024 By Scott Kauffman, Contributor, Golf Business When Blue Ridge Golf & River Club was being conceived 20 years ago in Mineral Bluff, Ga. as a new upscale residential golf community, the developers had ambitious plans to create one of the top new resort-style real estate developments in the picturesque Blue Ridge Mountains. / However, like so many other established and not-so established real estate projects in the mid-2000s, Blue Ridge Golf & River Club fell victim to the 2008 financial crisis and the unfinished course was left abandoned in 2009 and sat fallow for nearly four years as it went through foreclosure
As seen in Golf Business November/December 2023 By Scott Kauffman, Contributor, Golf Business Every golf owner and operator in the business knows full well how their golf properties are used as influential vehicles for good in a variety of ways. Not the least of which...
As seen in Golf Business November/December 2023 By Scott Kauffman, Contributor, Golf Business - During a Dearborn Heights, Mich., city council meeting last October, after nearly 5 hours of serious and sometimes contentious public discussion ranging from policing to...
The symbiotic relationship between golf and real estate that sparked the boom in courses in the latter decades of the 20th century was led by the highly-publicized Sea Pines Plantation development on South Carolina’s Hilton Head Island that began in 1960