Bloomberg (July 2013): The Economy is Out of the Rough

by / Wednesday, 17 July 2013 / Published in Quotes In The News, Quotes in the News, Quotes in the News

“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 55 in the first half of this year.” ~ Steven Ekovich, Managing National Director, Vice President Investments of the National Golf & Resort Properties Group

Bloomberg.July 2013.According to Golf, The Economy is out of the Rough

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