The Pellucid Perspective - June 2021 - 17
Event
Course
Kingsboro Golf
Club
DMA
Albany-Schenectady-Troy
NY
Type/Holes Summary
L&P/9
Micropolis Dev. Group assumes control Global
Properties; unusual financials that GP still holds
mortgage due to buyer not being able to acquire
financing, price somewhere north of appraised
value of $250K. We might see this one again
(soon)
Grand Harbor
Golf & Beach
Club
Transacted/
For Sale
Towhee Club
[fmr King's
Creek GC]
Royal
Ka'anapali
Nashville TN
Honolulu HI
West Palm
Beach-Fort
Pierce FL
Priv/36 Members assume responsibility in a " negotiated
turnover " , prior owner (Icahn Enterprises) was
seeking bankruptcy protection to avoid obligations
to the club/members. Icahn wanted out,
members wanted to control their destiny; problem
solved (but members still going to court)
Pub/18 New name as part of new ownership under
brothers Nathan & Joel Lyons, named after
regional bird species; renovations underway,
managed by reg'l player Bobby Jones Links
Pub/36
Sold by HI Employees Retierement System to Host
Hotels & Resorts which operates the adjacent Hyatt
Regency Maui. ERS had plans to downsize to 27 holes,
add'l commercial development pre-COVID but decided
" out " to hospitality partner a better option
Redevelopment
Status Change/
Other
On-the-bubble
The Baths of Blackwolf Run,
Milwaukee, WI
www.PellucidcorP.com
The Pellucid PersPecTive
17
WWW.GOLFWISCONSIN.COM/GOLFCOURSES/THE-BATHS-BLACKWOLF-RUN
https://www.golfwisconsin.com/GOLFCOURSES/THE-BATHS-BLACKWOLF-RUN
http://www.PellucidcorP.com
The Pellucid Perspective - June 2021
Table of Contents for the Digital Edition of The Pellucid Perspective - June 2021
TOC
Is “prosperity party” nearing end?
Marketers’ cookie jar being taken away
May GPH up modestly (but still...an up)
April Rounds and Utilization; high and higher
#15 Houston, a balance of upsides/downsides
11 Activities; Transactions lead again, Private clubs prominent
The Pellucid Perspective - June 2021 - TOC
The Pellucid Perspective - June 2021 - Is “prosperity party” nearing end?
The Pellucid Perspective - June 2021 - 3
The Pellucid Perspective - June 2021 - 4
The Pellucid Perspective - June 2021 - 5
The Pellucid Perspective - June 2021 - Marketers’ cookie jar being taken away
The Pellucid Perspective - June 2021 - 7
The Pellucid Perspective - June 2021 - May GPH up modestly (but still...an up)
The Pellucid Perspective - June 2021 - 9
The Pellucid Perspective - June 2021 - April Rounds and Utilization; high and higher
The Pellucid Perspective - June 2021 - 11 Activities; Transactions lead again, Private clubs prominent
The Pellucid Perspective - June 2021 - 12
The Pellucid Perspective - June 2021 - 13
The Pellucid Perspective - June 2021 - #15 Houston, a balance of upsides/downsides
The Pellucid Perspective - June 2021 - 15
The Pellucid Perspective - June 2021 - 16
The Pellucid Perspective - June 2021 - 17
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