“One of the reasons things are looking better:  Lenders that were saddled with loads of distressed debt in golf courses when the housing market plummeted have unloaded much of the debt, in part by selling courses.  The pace of sales of 18-hole championship-length golf courses slowed from 86 in the first half of 2012 to

“A trend we’ve noticed lately is courses being acquired by somebody who has never been in the industry and is making their first golf course acquisition” ~ Christopher Karamitsos, PGA, Senior Investment Adviser of the National Golf & Resort Properties Group Golf Business Magazine.July 2013.Trophy Hunting

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