American Golf sells two more courses

Tuesday, 12 February 2019 by

Posted on 1/15/2019, by Jack Crittenden , GOLF Inc. American Golf sold its 13th and 14th golf courses in the last year, selling The Crossing Golf Club in Franklin, Tenn. to Golf Franklin Bridge LLC, and The Trophy Club of Apalachee, in Dacula, Ga. to Golf Apalachee LLC. Steven Ekovich, First Vice President, National Managing Director and Director of the

Biggest Sales of 2018

Tuesday, 12 February 2019 by

Stressed private clubs and public courses made up most of the sales in 2018, along with some large resort deals. By Jack Crittenden, GOLF Inc. (January/February 2019) American Golf made big news last year when it announced it would sell the 27 golf courses it owned. The income would fund a rapid expansion of Drive

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

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