The Pellucid Perspective - January 2025 - 11
Event
Course
The Georgia
Club - Chancellors
Course
Compass Pointe
Golf Club
DMA
Atlanta GA
Type/Holes Summary
PUB/27
Wilmington NC PRIV/18
Purchased by Concert Golf as part of 4
acquisitions " haul " in CY '24, near Univ. of GA in
Athens (ATL mkt area)
Bought by Heritage Golf Group in Wilmington,
NC 2-course transaction w/Magnolia Greens,
previously owned by Renaissance Golf Group who
previously purchased in '18. Brings count to 41
and 3 in Wilmington mkt
Magnolia Greens
Golf Course
Wilmington NC PUB/27
Bought by Heritage Golf Group in Wilmington,
NC 2-course transaction w/Compass Pointe,
previously owned by Renaissance Golf Group who
previously purchased in '18 (for $2.3M, recent
sale price not disclosed). Brings count to 41 and
3 in Wilmington mkt
Transacted/For
Sale/Auction
Blackthorn Club
at the Ridges
The Club at Cordillera
- Mountain/Summit/
Valley
Reading
Country
Club
Tri-Cities TN-VA PRIV/18
Sold by member group to Evergreen Partners
by co-Owners/members Duke Ingram and Rab
Summers; " time to take the chips off the table
and let someone else manage "
Denver CO
PRIV/54
Troon purchases fm Wind Rose Holdings (Dr.
Jeffrey Rush), has been previously managed
by Prive group, becomes 6th owned property
by Troon in addition to their 900+ global
management contracts
Philadelphia PA PUB/18
Purchased fm Exeter Township which has been
trying to engineer a sale since '20. It bought
property in '06 for $11.9M and sold to the sole
bidder, DCM Investments for $4.8M in Oct.
(youch!). On Nat'l Register of Historic Places but
cold comfort for county taking the $7M investment
loss (your tax dollars hard at work, PA residents)
Crimson Reserve in Birmingham, AL opens
a state-of-the-art Golf Training Facility.
www.PellucidcorP.com
The Pellucid PersPecTive
11
HTTPS://ROLLTIDE.COM/SPORTS/2024/10/3/CRIMSON-RESERVE
HTTPS://ROLLTIDE.COM/SPORTS/2024/10/3/CRIMSON-RESERVE
http://www.PellucidcorP.com
The Pellucid Perspective - January 2025
Table of Contents for the Digital Edition of The Pellucid Perspective - January 2025
TOC
’24 Will Finish with Record Rounds, “Sneaky Long”
Will Golf Have Good or Bad Karma in ’25?
21 Activities; Transactions dominate with 13
December GPH meltdown -23%, ‘24 finishes in neutral zone (-2%)
Nov Utilization declines despite rounds gain, Year-to-Date still up countering down weather
Minneapolis “represents” at #8 in current ranking; top non-12 month season market in US
The Pellucid Perspective - January 2025 - TOC
The Pellucid Perspective - January 2025 - ’24 Will Finish with Record Rounds, “Sneaky Long”
The Pellucid Perspective - January 2025 - 3
The Pellucid Perspective - January 2025 - 4
The Pellucid Perspective - January 2025 - 5
The Pellucid Perspective - January 2025 - Will Golf Have Good or Bad Karma in ’25?
The Pellucid Perspective - January 2025 - 7
The Pellucid Perspective - January 2025 - 8
The Pellucid Perspective - January 2025 - 9
The Pellucid Perspective - January 2025 - 21 Activities; Transactions dominate with 13
The Pellucid Perspective - January 2025 - 11
The Pellucid Perspective - January 2025 - 12
The Pellucid Perspective - January 2025 - 13
The Pellucid Perspective - January 2025 - December GPH meltdown -23%, ‘24 finishes in neutral zone (-2%)
The Pellucid Perspective - January 2025 - 15
The Pellucid Perspective - January 2025 - Nov Utilization declines despite rounds gain, Year-to-Date still up countering down weather
The Pellucid Perspective - January 2025 - 17
The Pellucid Perspective - January 2025 - Minneapolis “represents” at #8 in current ranking; top non-12 month season market in US
The Pellucid Perspective - January 2025 - 19
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