The Pellucid Perspective - October 2022 - 14

Event
Course
Jay Peak Golf
Course
Transacted/
Under Contract/
For Sale
DMA
Burlington VTPlattsburgh
NY
Type/Holes Summary
Pub/18
Really ugly, protracted financial fraud, receivership
situation finally being resolved for ~$76M (about
$.40 on the dollar for initial investors) but a path
forward for the ski mountain, resort and golf
course. Clean sweep of jail time for former owner,
President and key advisor, 3-for-3!
Waverly Golf &
Country Club
Cedar RapidsWaterloo-Iowa
City
& Dubuque
IA
Redevelopment
Timacuan Golf
Club
Conversion/
Other
La Porte City
Golf Club
OrlandoDaytona
BeachMelbourne
FL
Cedar RapidsWaterloo-Iowa
City
& Dubuque
IA
On-the-bubble
Pub/18
L&P
Resort Dev. Partners signing 50-yr lease to
operate, will transition to Private, be included in
the RDP reciprocal play program; big plans to
improve facility and expand benefits
Stay-of-execution after Sep auction/closure
announcement, community rallies to keep course
operational into '23, beyond that is unknown
Pub/18
Purchased by Waverly City, not many details, city
Administrator says, " really no different than any
other golf course run by an IA city " . I guess that
pretty much sums it up (but doesn't mention
" profitably run " )
Resort Development Partners signed a 50-yr lease
to operate Timacuan Golf Club, Lake Mary, FL.
14 The Pellucid PersPecTive
OctOber 2022
HTTPS://GOLFTIMACUAN.COM/
https://golftimacuan.com/

The Pellucid Perspective - October 2022

Table of Contents for the Digital Edition of The Pellucid Perspective - October 2022

TOC
Fewer markets are “underwater”; (good) analysis coming back in vogue
Fewer markets are “underwater”; (good) analysis coming back in vogue
19 Activities; Transactions continue domination at 15
September GPH flat at -2%, Year-to-Date continues improvement (-5%)
Aug Utilization flat as rounds gain, Year-to-Date remains up against weather headwind
St. Louis squeaks into Top 25 at #25, market health is improving
The Pellucid Perspective - October 2022 - TOC
The Pellucid Perspective - October 2022 - Fewer markets are “underwater”; (good) analysis coming back in vogue
The Pellucid Perspective - October 2022 - 3
The Pellucid Perspective - October 2022 - 4
The Pellucid Perspective - October 2022 - 5
The Pellucid Perspective - October 2022 - 6
The Pellucid Perspective - October 2022 - 7
The Pellucid Perspective - October 2022 - Fewer markets are “underwater”; (good) analysis coming back in vogue
The Pellucid Perspective - October 2022 - 9
The Pellucid Perspective - October 2022 - 10
The Pellucid Perspective - October 2022 - 11
The Pellucid Perspective - October 2022 - 19 Activities; Transactions continue domination at 15
The Pellucid Perspective - October 2022 - 13
The Pellucid Perspective - October 2022 - 14
The Pellucid Perspective - October 2022 - 15
The Pellucid Perspective - October 2022 - September GPH flat at -2%, Year-to-Date continues improvement (-5%)
The Pellucid Perspective - October 2022 - 17
The Pellucid Perspective - October 2022 - Aug Utilization flat as rounds gain, Year-to-Date remains up against weather headwind
The Pellucid Perspective - October 2022 - 19
The Pellucid Perspective - October 2022 - St. Louis squeaks into Top 25 at #25, market health is improving
The Pellucid Perspective - October 2022 - 21
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