Golf Division of the Leisure Investment Properties Group Sells Firethorne Country Club
Marvin, NC – The National Golf & Resort Properties Group of Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has announced the sale of Firethorne Country Club, an 18-hole championship golf course located in Marvin, according to Steven Ekovich, Managing Director of the firm’s National Golf & Resort Properties Group based in Tampa, Florida.
Steven Ekovich and Chris Karamitsos, represented the seller, a wholly owned company of Textron Financial. The property was acquired in a portfolio purchase by a new entity to the golf industry however the buyer is a veteran of the hospitality industry.
Firethorne Country Club is located in the Village of Marvin. It is a member-only club featuring the Tom Jackson designed course which first opened in 1998 to rave reviews, and is currently rated one of the most challenging golf venues in the Charlotte metro area. The sale included the breathtaking stone country manor clubhouse as well as ten tennis courts, a water park consisting of four pools and a children’s slide, fitness and fine dining facility.
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With more than 1,000 investment professionals in offices nationwide, Marcus & Millichap Real Estate Investment Services is the largest firm specializing in commercial real estate investment services in the nation. Marcus & Millichap closed 5,085 transactions in 2011, the highest of any commercial real estate brokerage firm. Founded in 1971, the firm has perfected a powerful system for marketing properties that combines product specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology and relationships with the largest pool of qualified investors nationally.
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