The Pellucid Perspective - April 2011 - (Page 12)

COURSE TRANSACTIONS Comings & goings Workout saves Peacock Gap group buys Rotonda course Wentworth Hills files for bankruptcy protection Members save Rhode Island private club Bonita Bay shrunken, but surviving Shelby, N.C. course closes Approvals near for New Orleans course Former employees may buy Wisconsin club Georgia course goes semi-private Closed Gainesville, FL course considers options Black Bull, Copperhead sold The Golf Group of CB Richard Ellis recently announced the sale of two properties, Black Bull Golf Club & Community in Bozeman, Mont., and Copperhead Golf & Country Club in Lehigh Acres, Fla. Black Bull, a private community including 314 unoccupied home sites, a temporary clubhouse and a Tom Weiskopf-designed golf course, was sold in a bankruptcy auction to investor Robert Schumacher for $8.5 million. Copperhead, located in a planned community near Fort Myers in Lee County, Fla., was sold through the FDIC to an investment group operating under the LLC of A Fortune Teller’s Dream for $1.5 million. (Insert joke here – you can’t make this stuff up, folks). Shocking – “Millionaires Club” fights taxes h t t p : / / w w w. s e ac o a s t on l i n e. c om / a r t i c l e s / 2 0 1 1 0 4 0 4 NEWS-110409927 Bankruptcy #2 for San Antonio golf resort Tapatio land group back in bankruptcy San Antonio Express Montana course back to life Hickory Swing golf course ready for business Rarity Mountain, Dye course set for foreclosure sale Rarity Mountain set for foreclosure sale 12 The Pellucid PersPecTive APril 2011

Table of Contents for the Digital Edition of The Pellucid Perspective - April 2011

The Pellucid Perspective
Cover Your Asset
NGCOA Ponders Becoming Southwest Airlines?
Is E-Mail Dead?
Foreclosures Opening New Avenues for Managers
Mar 2011 YtD Weather Impact, Feb 2011 YtD Utilization
An App a Day Takes Your Money Away
Comings & Goings
Golf Deals to Forget
Phoenix, AZ Core Business Statistical Area (CBSA)
Can’t Sell Your Home? Call Tullymore Resort

The Pellucid Perspective - April 2011