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 & Millichap. The entire team is dedicated, motivated, driven and work together (and occasionally, play together) to make things happen.
The LIPG completed their semi-annual golf & resort investment report for the second half of 2017. Golf course Brokers and owners normally can’t wait to get their hands on this read. From the State of the Union by National Managing Director, Steve Ekovich, to the annual sales activity summary this edition provides an enormous amount of information for industry stake holders, owners, buyers, sellers, lenders, appraisers, non- profit foundations, or those with golf courses for sale or contemplating selling. Steve speaks to the effects of the weather & rounds, income, median & average golf course price, net golf course closings, taxes, stock market and interest rates on golf course owners during the year. Partner, Chris Karamitsos, contributes an article entitled Buyer Sentiment: 2017 Year In Review. Rob Waldron, Associate and Golf Advisor keeps it humorous with his piece informing readers that not all golf courses are facing doom and gloom. LIPG’s, Golf Financial Analyst, Kody Tibbetts, touches on capital markets and course financing and provides a wealth of information on recent sales and golf courses for sale in which the team was involved in 2017.
At the Leisure Investment Properties Group, we are not only the top golf course brokers in the country, but the top marina sales group in the country. We are happy to report that our Marina Division closed seven marinas in the last part of 2017. Steven Ekovich, Terence Vanek, Junior Partner and Chris Karamitsos, Partner are dedicated to growing the division and have gotten off to a great start. Brett Murphy, Financial Analyst, for the division is motivated and driven to assist in the underwriting, marketing and overall support to have this division excel in the coming year. His work on marinas for sale and with our marina brokers has helped elevate the underwriting and Offering Memorandums.
If you or someone you know is entertaining the thought of investing or selling a golf course or selling a marina, look no further than the LIPG team. With over a combined, 100 years of experience, the team gives expert advice, honest direction and assists each and every step of the way through the process.