The Pellucid Perspective - May 2024 - 11

Event
Course
New Seabury
Country Club
DMA
Boston MA (Manchester
NH)
Type/Holes Summary
PRIV/36
LIPG represents on property owned by Carl Icahn
conglomerate since '98 acquisition, prestige
property with desired " Diamond Memberships " ;
some historical dust-ups with members trying
to modify those back in '16 blocked by those
members
Transacted/For
Sale/Auction
Bear's Best Las
Vegas
Legacy Golf
Club at Lakewood
Ranch
Country Club of
New Hampshire
Redevelopment
Other
Las Vegas NV
Tampa-St.Petersburg
(Sarasota) FL
Boston MA (Manchester
NH)
PUB/18
PUB/18
PUB/18
Purchased by Mulligan Holdings, Inc. for $30.5M,
potentially a new benchmark for desirable resort/
location properties
Last transacted in '15 for $3.4M (curr. terms not
disclosed), Heritage Golf Group purchases and adds
to their reciprocal network and is one of several
developments & transactions in Sarasota in '24
Fairway Advisers listing for offers by May deadline,
course + ~900 acres of land; positioned as a golfing
destination development oppty in rustic Sutton, NH
at the base of Mt Kearsarge
The Clutch, Captiva Island, Fla. 12-hole short course
to complement existing resort; built to compete with
leading resort short-course experiences.
www.PellucidcorP.com
The Pellucid PersPecTive
11
WWW.SOUTHSEAS.COM/BLOG/THE-CLUTCH-SOUTH-SEAS-12-HOLE-COURSE-BY-BEAU-WELLING/
https://www.southseas.com/blog/the-clutch-south-seas-12-hole-course-by-beau-welling/ http://www.PellucidcorP.com

The Pellucid Perspective - May 2024

Table of Contents for the Digital Edition of The Pellucid Perspective - May 2024

TOC
US & golf economy; flashing early warning signs?
AI golf business application challenge: Classify 14K golf courses 210 unique ways
“Shallow” activity skews to Private and higher end properties
April’s a yawner with GPH +1%, Year-to-Date still up at +4%
Mar Utilization declines 4 pts (rounds up, weather up more), Year-to-Date now neutral at -1 pt
PGA Championship host city Louisville KY, could use more, affordable “on-ramps” for golf
The Pellucid Perspective - May 2024 - TOC
The Pellucid Perspective - May 2024 - US & golf economy; flashing early warning signs?
The Pellucid Perspective - May 2024 - 3
The Pellucid Perspective - May 2024 - 4
The Pellucid Perspective - May 2024 - 5
The Pellucid Perspective - May 2024 - AI golf business application challenge: Classify 14K golf courses 210 unique ways
The Pellucid Perspective - May 2024 - 7
The Pellucid Perspective - May 2024 - 8
The Pellucid Perspective - May 2024 - 9
The Pellucid Perspective - May 2024 - “Shallow” activity skews to Private and higher end properties
The Pellucid Perspective - May 2024 - 11
The Pellucid Perspective - May 2024 - April’s a yawner with GPH +1%, Year-to-Date still up at +4%
The Pellucid Perspective - May 2024 - 13
The Pellucid Perspective - May 2024 - Mar Utilization declines 4 pts (rounds up, weather up more), Year-to-Date now neutral at -1 pt
The Pellucid Perspective - May 2024 - 15
The Pellucid Perspective - May 2024 - PGA Championship host city Louisville KY, could use more, affordable “on-ramps” for golf
The Pellucid Perspective - May 2024 - 17
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