Wednesday, 12 September 2018 by

LESS THAN 2 WEEKS UNTIL THE GOLF INDUSTRIES HIGHEST-RATED EVENT BEGINS! Bringing owners, operators and industry leaders together for 3 days of collaboration, insight and networking. Steve Ekovich, National Managing Director of the Leisure Investment Properties Group of Marcus & Millichap, will be one of the Key Note Speakers.     Opening Keynote Three Macro

Continuing to build momentum since the beginning of the New Year

The team at Leisure Investment Properties Group continues to build momentum since the beginning of the New Year.  New listings, new proposals, great new business contacts, fresh marketing strategies and a positive outlook by the entire team will make this year one of the best, if not the best ever, for the LIPG of Marcus

TOP SALES OF THE YEAR

Thursday, 15 February 2018 by

ClubCorp went for a staggering amount in 2017, overshadowing what was a relatively lackluster period for course transactions. The biggest sale of the year in golf? Hmm . . . That’s a tough one. Let’s see, let’s see, let’s see …Oh, how about this one? Apollo Global Management paid $1.1 billion for ClubCorp, meaning that

Preparing Your Golf Course for Sale

Tuesday, 01 November 2016 by

A golf course owner’s options of holding or selling their golf course must be a pro-active decision. As Golf Course Brokers we advise our clients to consider several factors, including estate planning, tax implications, long and short term investment strategies and the current market conditions. Once the decision to sell is made, owners must be

At the start of 2016, the US stock market had erased over $1 trillion in value as falling oil prices, volatility in China, shrinking world trade, rising debt and deflation had most all talking heads telling clients to sell everything in face of a “cataclysmic year.” Midway through 2016, all three major US stock markets

When Golfsmith filed bankruptcy and Nike declared it would stop selling golf equipment the media decried this is more evidence the golf industry is in trouble. Well, is this true and are we in trouble? First, anyone watching the presidential debates knows the media for the most part, has become a dishonest perpetrator of creating

Who is Buying, How and Why?

Monday, 03 October 2016 by

The LIPG recently published the results of its 2016 Golf Investor Sentiment Survey. While the overall index fell by over 6 points (see article by Raymond Demby for more detail), this has not dissuaded investors from deploying capital into the golf market. Velocity in the transaction market remains healthy. Compared to 2015, the LIPG transaction

Commercial real estate investors have not been dissuaded by the economic and political turmoil that has dominated headlines in recent months. The same can be true for GOLF COURSE AND RESORT INVESTORS.  The last 12 months (10/2010-9/2011) showed year over year sales golf course sales are up by 11%.  FL Golf Central.Jan 2012 Golf &

Foreclosure and bankruptcy are ugly up options for struggling owners.  But there are other options when a bank calls your loan or you simply can’t make the payments any longer. Remember the old joke, “why do they call golf, golf?”  Answer:  “All the other four-letter words were taken!”   Today, banks seem to be the

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