By Harvey Silverman, Contributor, Golf Business | Silverback Golf Marketing Bop bop bop bop… Okay, now that I have Joni Mitchell’s classic song stuck in your head, the following story tells you why she must have been singing about golf courses. Duarte, CA, is a...
SPONSORED CONTENT Provided by: Hilco Real Estate Sales Having collected your due diligence items in preparation for a potential sale, most owners begin the broker selection process. That process takes many forms, from a sophisticated RFP to asking friends for referrals. ...
By Larry Hirsh, President, Golf Property Analysts Back in January, I raised the same question. Six months later, the world has experienced some changes. The war in Ukraine has inflated gas prices and impacted the supply chain for all products and...
By Larry Hirsh, President, Golf Property Analysts Just the other day, an old friend and active buyer of golf and club properties called to ask about how we’re estimating value in light of the surge in golf participation, rounds and membership...
As seen in Golf Business January/February 2022 By Scott Kauffman: The so-called ‘smart money’ was back teeing up more golf course-related investments at year-end 2021. For everyone in the golf industry, it’s another sign the overall business seems to be on solid ground heading into the new...
By Larry Hirsh, President, Golf Property Analysts Over my many years as a consultant, appraiser and broker in the golf course industry, we’ve been privileged to assist numerous sellers in the disposition of a variety of golf and club properties....
By Larry Hirsh, President, Golf Property Analysts A challenge we often encounter is the valuation or analysis of a club considering or planning capital improvements. If debt financing is needed it can be a complex undertaking when one considers...
By Larry Hirsh, President, Golf Property Analysts For several years we’ve been tracking the cost of golf course maintenance on a per round and per member basis. Last week, while on an assignment in California I ran across a course manager who...
By Larry Hirsh, President, Golf Property Analysts Recently, we’ve encountered several situations where the existence of deferred maintenance, capital improvement plans, or both have impacted value at private clubs. To clarify, there is a distinct difference...
By Larry Hirsh, President, Golf Property Analysts I seem to get about a call per week (if not more) from participants in the golf course industry seeking insight on the state of the market. 2021 promises to be a most interesting year for the buying and...