http://golfcoursebusiness.com Fri, 11 May 2012 12:58:52 +0000 http://backend.userland.com/rss092 en Asheville, N.C. - KSL Capital Partners, LLC, which acquired ClubCorp several years ago, recently announced it entered into an agreement to acquire the historic Grove Park Inn Resort & Spa from an affiliate of Sammons Enterprises, Inc. One of the most iconic resorts in the United States, the 512-room Grove Park Inn sits between the majestic Blue Ridge and Great Smoky Mountains and features an 18-hole Donald Ross-designed course. The agreement is subject to customary closing ... ]]> http://golfcoursebusiness.com/golf/real-estate/863/ksl-capital-partners-to-acquire-grove-park-inn Kingwood, Tex. -  Kingwood Country Club at The Clubs of Kingwood, a member of the ClubCorp family of clubs and the heart of the Kingwood community, recently  held a groundbreaking ceremony  to mark the beginning of a multimillion-dollar renovation project. When completed, the newly transformed clubhouse will feature two contemporary and casual dining facilities, a bar and grill featuring food inspired by Texas flavors, a new outdoor patio complete with fire tables for relaxing or celebrating ... ]]> http://golfcoursebusiness.com/golf/real-estate/849/kingwood-cc-undergoes-major-clubhouse-reinvention Snoqualmie, Wash. – Salish Lodge & Spa, one of the top resorts in the Pacific Northwest, now has golf to offer its guests courtesy a new partnership recently struck with nearby Tournament Players Course at Snoqualmie Ridge. Through its exclusive partnership with TPC at Snoqualmie Ridge, a private residential community just a short drive from Salish Lodge, Salish Lodge guests can now enjoy a variety of “stay and play” packages, according to Salish Lodge. TPC at Snoqualmie ... ]]> http://golfcoursebusiness.com/golf/real-estate/845/tpc-snoqualmie-partners-with-salish-lodge Orlando, Fla. - Imagine waking up today and seeing Tiger Woods and numerous other top professional golfers playing a private two-day tournament on your backyard golf course.  For resident members of Lake Nona Golf and Country Club, that’s precisely the plan as the Tavistock Cup tees up for the ninth consecutive year in Orlando. The opening matchup is a foursome to follow with Woods and Team Albany partner Justin Rose going against Charles Howell III and ... ]]> http://golfcoursebusiness.com/golf/real-estate/831/tiger-woods-headlines-2012-tavistock-cup By Scott Kauffman Spring Island, S.C. – Old Tabby Links golf course in the South Carolina lowcountry community of Spring Island will closed March 12 for restoration. The restoration project will be headed up by the course’s original design firm, Arnold Palmer Design Company, with construction by MacCurrach Golf Construction. The restoration will include a new state-of-the-art irrigation system, re-grassing greens, and enhancements to restore the natural character of ... ]]> http://golfcoursebusiness.com/golf/real-estate/828/spring-island-closes-for-old-tabby-restoration Mashpee, Mass. - Southworth Development LLC recently announced it was acquiring acclaimed Willowbend Country Club and its remaining residential real estate from Reebok International founder Paul Fireman. Southworth, based in Newton, Mass., is a leading developer of residential resort-styled communities, with properties in the U.S., Scotland and The Bahamas. Southworth is a privately held firm owned by David Southworth of Boston and Joseph Deitch of West Palm Beach, Fla. David Southworth began his residential development career as ... ]]> http://golfcoursebusiness.com/golf/real-estate/824/southworth-development-acquires-willowbend Travelers Rest, S.C. – Golfer Tiger Woods can’t seem to catch a break. In a week when a tell-all book by his former golf instructor Hank Haney caused a lot of consternation, Woods’ only golf course design project in the United States is now in Chapter 11 bankruptcy protection. The Asheville, N.C.-area golf course real estate development, Cliffs at High Carolina, was projected to be the newest private club community in the sprawling Cliffs Communities network. ... ]]> http://golfcoursebusiness.com/golf/real-estate/818/cliffs-communities-tiger-woods-course-file-bankruptcy By Scott Kauffman By most accounts, America's housing markets are finally beginning to show clear signs of stability. Heck, Warren Buffett himself, one of the most admired and respected investors of our time, said the other day he would buy thousands of homes right now because of the industry's bullish upside. For hundreds of thousands of homeowners, however, this real estate recovery is still not soon enough as they continue to drown in negative homeowner equity with ... ]]> http://golfcoursebusiness.com/golf/real-estate/811/optimism-at-08-national-assoc-of-realtors-convention Miami, Fla. - The Trump Organization announced Feb. 27 that it will purchase Miami's famed Doral Hotel & Country Club for $150 million. Doral is known for its four championship golf courses, including the world-renowned Blue Monster; 700-room resort; vast ballrooms and meeting facilities; sprawling Pritikin spa; and the highly regarded Jim McLean Golf School and teaching facilities. The Trump Organization plans to make a major investment in the resort and golf courses with the intention of restoring ... ]]> http://golfcoursebusiness.com/golf/real-estate/807/trump-organization-to-purchase-doral-resort Shenzhen, China – Dye Designs Group  was selected to create a new18-hole championship golf course as the centerpiece of a multi-use residential resort development, Guilin Sports, Tourism & Leisure Center, located in Guilin, China. Due to the recent government restrictions on golf course developments, the project's owner, Guilin XinChang Investment Group, an experienced real estate developer in the GuangXi province, took their time and dedicated substantial resources toward selecting the architect to design their first golf ... ]]> http://golfcoursebusiness.com/golf/real-estate/803/dye-designs-gets-new-china-project