The Pellucid Perspective - May 2022 - 11

Golf's landscape changes
Course
Event
Old Barnwell
DMA
Augusta GA
Type/Holes Summary
Pub/36
2, 18 hole courses planned (Old Barnwell, The
Gilroy), founder Nick Schreiber has strategic
vision and mission to give back and be a private/
community type club. Want to sponsor four
aspiring female golfers annually and partner
with at least one HBCU in some way as part of
" creating a golf club that is inclusive "
Gene Torres Golf
Course
AlbuquerqueSanta
Fe NM
Pub/9
Open/Re-open
Omni Amelia
Island Resort
Jacksonville FL Priv/10
Owned by NMex Highlands Univ. closed in '19,
trying to figure out a way to make it work. Is
$2M in debt and was losing $150-$200K/yr when
closed. San Miguel County will chip in $70K/yr to
try and resurrect it. University deciding to make
another go at it, believes it will generate $500K
annual before expenses; doesn't say how that
compares to previous topline that lost money...
Adding Little Sandy short course, 10 hole, Par 3
course + 18 hole putting course; adds to the '21'22
trend of adding these short/putting courses
to existing destinations for an add'l activity around
golf. Beau Welling designs (also working on Omni
Frisco masterpiece for PGA of America)
Otter Creek Golf
Park
Jackson MS
Pub/10
Planned '24 opening, Nathan Crace/Robert Trent
Jones Jr. production, 10 hole facility, preserves
150 acres of green space, will be home to First
Tee Cent. Mississippi (philanthropy/environment
two-fer)
Closed
Sea Oaks
Country Club
Naples Grande
Golf Club
Comanche Trace
Ranch
Transacted/
Under Contract/
For Sale
Shamrock Golf
Course
Ontario Country
Club
Dannebrog Golf
Course
New York NY
Pub/18
200+ acre property includes golf course, 31 room
hotel, clubhouse and restaurant; purchased by
Accountable Equity (owners of Renault Winery
Resort), looking for add'l golf/resort niche
properties in regional market
Ft. Myers-Naples
FL
Priv/18
UK-based Henderson Park buys the whole shebang
for $248M (resort, golf, tennis), previous owner
was Northwood Hospitality which purchased for
$149M in '13 (not a bad return, ~45% over 9 yrs
but only 5% per annum)
San Antonio TX Priv/27
Chicago IL
Pub/18
Sold in mid-development for the surrounding real
estate community, new buyer has experience and
vision for build-out, brokered by LIPG & JDS Real
Estate Svcs, no price disclosed
New local owners (Kaufman family, 2 generations)
bought from local legacy owners (Matt & Tricia
Surprenant); son Kamden Kaufman will run daily
ops, he'll get to put his ISU degree in recreation
management to work for fun and profit!
Rochester NY
Pub/18
Local entrepreneur, Sean Fico, buys course with
vision and ambition to resurrect neglected asset,
locals showing up and volunteering labor; turning
into a community project, we wish him luck and
success
Lincoln & Hastings-Kearney
NE
Pub/9
9 hole " local legend " course w/sand greens and
payment honor system sits on larger parcel of
land being auctioned. Buyer emerged for 3-yr
lease option which seller accepted. Having to
raise annual memberships ($100/yr) and fees $8/
rd (previously $4) but locals seem to be receptive
and willing to pay to save it
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The Pellucid Perspective - May 2022

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