The Pellucid Perspective - June 2013 - (Page 16)

HEARD ON THE STREET Omni Hotels buys La Costa, Barton Creek, 2 others for a reported $900M Omni Hotels buys La Costa, Barton Creek, 2 others for a reported $900M http://www.utsandiego.com/news/2013/Jun/12/la-costa-new-owner-omni/ ClubCorp buys Oak Tree CC in Oklahoma http://www.clubandresortbusiness.com/2013/05/30/clubcorp-buys-oak-tree-cc/ Arizona’s Crowne Plaza San Marcos Resort property sold to California investors http://www.clubandresortbusiness.com/2013/05/07/crowne-plaza-san-marcos-golf-resort-sold-to-california-investor/ Landscapes Unlimited guides its Drumm Farm club to private status http://www.clubandresortbusiness.com/2013/05/07/drumm-farm-gc-transitions-to-private-facility/ CC of Vermont takes equity route to solvency http://www.clubandresortbusiness.com/2013/05/10/members-form-joint-ownership-of-cc-of-vermont/ Real Capital Solutions, Robert Trent Jones II celebrate relaunch of Winchester CC in California http://www.clubandresortbusiness.com/2013/05/14/winchester-cc-relaunches-under-new-ownership-group/ State weighs shutdown of New Mexico course for non-payment of taxes http://www.clubandresortbusiness.com/2013/05/14/state-looks-to-shut-down-santa-teresa-n-m-cc/ Buyers of Woodcrest CC in New Jersey plan to reopen it as public course http://www.clubandresortbusiness.com/2013/05/22/woodcrest-cc-buyers-plan-to-reopen-public-golf-course/ Northlight Financial, Enchantment Group team to revitalize Seven Canyons in Sedona http://www.clubandresortbusiness.com/2013/06/04/northlight-financial-llc-acquires-seven-canyons/ New manager Troon Golf announces plans to reopen all 3 Club at Cordillera courses http://www.clubandresortbusiness.com/2013/06/04/the-club-at-cordillera-plans-to-reopen-all-three-golf-courses/ River’s Bend course in Virginia could be forced into tax sale http://www.richmondbizsense.com/2013/05/30/golf-course-could-be-headed-to-tax-sale/ Group buys historic Tuscallosa CC, plans to add housing, perhaps reduce holes http://www.tuscaloosanews.com/article/20130605/NEWS/130609915/1007/news?Title=The-Country-Club-of-Tuscaloosasale-finalized Dallas’ Cienda Partners bids to acquire Sea Trail Resort in Myrtle Beach http://www.myrtlebeachonline.com/2013/05/29/3511500/dallas-investment-company-makes.html Detroit closing 99 year-old course http://detroit.cbslocal.com/2013/05/29/detroit-golf-course-to-close-after-nearly-a-century/ Local residents seek to resurrect defunct South Carolina course as a non-profit http://www.scnow.com/news/local/article_ad279cda-c7d0-11e2-bab6-0019bb30f31a.html Sarasota course facing closure to make room for housing market upswing http://www.mysuncoast.com/news/local/homeowners-upset-at-plan-to-convert-golf-course-into-homes/article_07f3333ac27d-11e2-8ae7-0019bb30f31a.html Member rescues Super Storm Sandy-damaged course http://www.newsday.com/sports/columnists/mark-herrmann/one-man-s-passion-rescues-a-golf-course-1.5340788 CrossHarbor bids to acquire Spanish Peaks in Montana to its nearby Yellowstone Club property http://www.bozemandailychronicle.com/news/economy/article_d51029f0-cd58-11e2-b015-0019bb2963f4.html 16 The Pellucid Perspective June 2013 http://www.utsandiego.com/news/2013/Jun/12/la-costa-new-owner-omni/ http://www.clubandresortbusiness.com/2013/05/30/clubcorp-buys-oak-tree-cc/ http://www.clubandresortbusiness.com/2013/05/07/crowne-plaza-san-marcos-golf-resort-sold-to-california-investor/ http://www.clubandresortbusiness.com/2013/05/07/drumm-farm-gc-transitions-to-private-facility/ http://www.clubandresortbusiness.com/2013/05/10/members-form-joint-ownership-of-cc-of-vermont/ http://www.clubandresortbusiness.com/2013/05/14/winchester-cc-relaunches-under-new-ownership-group/ http://www.clubandresortbusiness.com/2013/05/14/state-looks-to-shut-down-santa-teresa-n-m-cc/ http://www.clubandresortbusiness.com/2013/05/22/woodcrest-cc-buyers-plan-to-reopen-public-golf-course/ http://www.clubandresortbusiness.com/2013/06/04/northlight-financial-llc-acquires-seven-canyons/ http://www.clubandresortbusiness.com/2013/06/04/the-club-at-cordillera-plans-to-reopen-all-three-golf-courses/ http://www.richmondbizsense.com/2013/05/30/golf-course-could-be-headed-to-tax-sale/ http://www.tuscaloosanews.com/article/20130605/NEWS/130609915/1007/news?Title=Te-Country-Club-of-Tuscaloosa-sale-finalized http://www.myrtlebeachonline.com/2013/05/29/3511500/dallas-investment-company-makes.html http://detroit.cbslocal.com/2013/05/29/detroit-golf-course-to-close-after-nearly-a-century/ http://www.scnow.com/news/local/article_ad279cda-c7d0-11e2-bab6-0019bb30f31a.html http://www.mysuncoast.com/news/local/homeowners-upset-at-plan-to-convert-golf-course-into-homes/article_07f3333a http://www.newsday.com/sports/columnists/mark-herrmann/one-man-s-passion-rescues-a-golf-course-1.5340788 http://www.bozemandailychronicle.com/news/economy/article_d51029f0-cd58-11e2-b015-0019bb2963f4.html

Table of Contents for the Digital Edition of The Pellucid Perspective - June 2013

The Pellucid Perspective - June 2013
Contents
Golf ’s Consumer “Leaky Bucket” Challenge
So you want to buy a golf course?
Are you on the clock?
IRI, R.I.P.
May golf weather impact: Down, but pace of decline slowed
In theory, operators sing “I Love LA”
ClubCorp buys Oak Tree CC in Oklahoma
Shock waves from the home of the Magic Kingdom

The Pellucid Perspective - June 2013