| Recent Transactions |
|
Bear Creek Golf Club
www.bearcreekgc.com
Murrieta, California
Private Golf Club
Developable Land |
 Bear Creek Golf Club features one of Southern California’s best golf courses, a Jack Nicklaus signature design that has hosted US Open and US Amateur qualifier events. The golf club anchors the private, gated Bear Creek community, a 620-home development located just north of San Diego. The golf course opened in 1983 and is complemented by a 26,000 square foot clubhouse. The sale of Bear Creek also included 38 acres of developable land. CBRE’s Golf & Resort Group represented the buyer in this transaction, which closed in August 2009. |
|
The Yellowstone Club
www.yellowstone.com
Big Sky, Montana
Master-Planned Community
Private Ski Mountain
Private Golf Club
Developable Land |
The Yellowstone Club is one of the most exclusive destination residential developments in the world. The club and community occupy approximately 13,400 acres, representing the world’s only private ski and golf community. The transaction included the developer’s and club’s portion of the 143,000 SF Warren Miller Lodge, Rainbow Lodge, 20 guest cabins, the on-mountain Timberline Café, 60 ski runs and 15 ski lifts, a Tom Weiskopf-designed championship golf course, plus future commercial, retail and residential development opportunities. The transaction also included Chateau de Farcheville, a 13th century castle situated on 1,125 acres outside of Paris, France. CBRE’s Golf & Resort Group teamed with CBRE’s Land Services Group to market the Yellowstone Club for sale through an exclusive listing agreement. The property sold at an auction directed by the United States Bankruptcy Court in June 2009. |
|
Morgan Creek
Golf & Country Club
www.morgancreekclub.com
Roseville, California
Semi-Private Golf Club |
 Morgan Creek Golf & Country Club is a distinctive club that anchors a master-planned community in beautiful Placer County. The featured amenity is a championship golf course designed by Kyle Phillips, a local golf architect who has gained world-wide prominence for his outstanding design work. Located approximately 15 miles north of downtown Sacramento, Morgan Creek offers a challenging, links-style course, along with an efficient clubhouse and attractive Lakeside Pavilion overlooking a large pond that guards the 18th green. CBRE’s Golf & Resort Group sold Morgan Creek through an exclusive listing in June 2009. |
|
New South Ocean Development
www.bluesharkgolf.com
New Providence, Bahamas
Master-Planned Golf & Resort Communiity
Consulting Assignment
|
 CBRE’s Golf & Resort Group was engaged, along with CBRE’s Hotel Group to analyze various hold/sell alternatives for New South Ocean, a 380-acre, master-planned golf and resort community outside of Nassau on the island of New Providence in the Bahamas. The oceanfront property features a completely renovated “Blue Shark” golf club (designed by Greg Norman), with planned amenities that include a 5-star hotel, a 4-star hotel, casino, marina, racquet club and retail development. In addition, a residential component is planned consisting of canal villas, estates and golf course homes, as well as fractional units. This assignment was completed in May 2009. |
|
Country Club of the North
www.countryclubofthenorth.com
Beavercreek, Ohio
Master-Planned Community
Private Country Club
Developable Land |
 Country Club of the North anchors an affluent residential community in Beavercreek, a suburb of Dayton, Ohio. The championship golf course is a Jack Nicklaus Signature Design that opened in 1993 and is the only Nicklaus-designed course in the greater Dayton area. An impressive clubhouse measures approximately 44,000 square feet, with additional amenities that include a stand-alone fitness center, tennis and swimming facilities. The transaction also included 84 finished residential lots in the beautiful community surrounding the club, which is planned for a total of 289 homes at build-out. CBRE’s Golf & Resort Group marketed Country Club of the North for sale through an exclusive listing agreement and sold the property in April 2009. |
|
Coyote Creek Golf Club
www.coyotecreekgolf.com
San Jose, California
Daily Fee Golf Course
(36 Holes)
Developable Land
|
 Coyote Creek is the premier, 36-hole daily fee facility in the greater San Francisco Bay Area. With two Jack Nicklaus Signature Design golf courses situated on approximately 380 acres along Highway 101, the property enjoys excellent exposure. In addition to the golf courses, this transaction included a nearly 20-acre parcel for future development. CBRE’s Golf & Resort Group represented Castle & Cooke through an exclusive listing and sold Coyote Creek in September 2008. |
|
Steele Canyon Golf Club
www.steelecanyon.com
Jamul, California
Semi-Private Golf Club
(27 Holes) |
 Steele Canyon Golf Club is one of the premier golf courses in San Diego, featuring 27 holes of championship golf designed by World Golf Hall of Fame member Gary Player. Complementing this scenic and challenging golf course is a generous practice facility with a 320-yard driving range, two putting greens, two chipping greens and two sand bunkers. The clubhouse measures approximately 10,000 square feet with the beautiful Canyon Club restaurant, banquet facilities and heated, outdoor pavilion. CBRE’s Golf & Resort Group sold Steele Canyon through an exclusive listing in September 2008. |
|
Raven Golf Club
at Three Peaks
www.ravenatthreepeaks.com
Silverthorne, Colorado
Daily Fee Golf Course
|
 Raven Golf Club at Three Peaks is a high-end, daily fee facility located less than 90 minutes west of Denver and within 45 minutes of five major ski resorts (Copper Mountain, Keystone, Breckenridge, Vail and Arapahoe Basin). The championship golf course at Three Peaks was designed by Dr. Michael Hurdzan and Dana Fry with assistance from PGA Tour player Tom Lehman. Accolades include: "Best Public Mountain Golf Course"; "Top 3 Best Places for a Corporate Event" and “Most Scenic Public or Resort Course." The Golf & Resort Group at CBRE represented Intrawest through an exclusive listing agreement and sold the Raven in July 2008. |
|
Indian Springs
Golf & Country Club
www.indianspringsgc.com
Indio, California
Daily Fee Golf Course
|
 Indian Springs Golf & Country Club is one of the Coachella Valley’s most popular daily fee golf courses. The well-manicured, championship golf course was completely rebuilt in 2000 and is complemented by a modern clubhouse that accommodates members and daily fee players with a full-service restaurant and fully-stocked pro shop. Indian Springs Golf & Country Club has been rated “Top 5 Public Access Course” by Desert Golf Magazine and “Best Golf Course for Under $100” by the Desert Sun. CBRE’s Golf & Resort Group sold Indian Springs through an exclusive listing in July 2008. |
|
East Valley Golf Club
www.eastvalleygolfclub.com
Beaumont, California
Daily Fee Golf Course
(36 Holes) |
 East Valley Golf Club (formerly known as the PGA of Southern California Golf Club) is the premier 36-hole daily fee facility in the greater Inland Empire. With two challenging golf courses designed by Lee Schmidt and Brian Curley, plus a 33,000 square foot clubhouse and state-of-the-art golf academy, this facility has served as the home of the PGA’s Southern California Section since 2000. CBRE’s Golf & Resort Group marketed the property through an exclusive listing and sold it in December 2007. |
|
Woods Valley Golf Club
www.woodsvalleygolfclub.com
Valley Center, California
Daily Fee Golf Course |
 Woods Valley is one of the newest public golf courses in San Diego County. The scenic north county course opened in 2003 and was designed by David Ginkel. Woods Valley anchors an upscale residential community with challenging golf holes, numerous rock outcroppings and beautiful, mature oak trees. CBRE’s Golf & Resort Group represented the seller, Newland Communities through an exclusive listing. Woods Valley sold in November 2007. |
|
Tiger Woods Dubai
www.tigerwoodsdubai.com
Dubai, United Arab Emirates
Consulting Assignment |
 CBRE’s Golf & Resort Group was engaged, along with CBRE Hamptons in London on this assignment for the purpose of analyzing the marketing strategies for exclusive homes in premier, master-planned golf communities in the United States and around the world. The Al Ruwaya Golf Club is one of Tiger Woods’ first architectural assignments and will serve as the centerpiece of Tiger Woods Dubai, an exclusive, 55 million square foot golf development encompassing 2 palaces, 75 mansions and 100 luxury villas in Dubailand, the world’s most ambitious leisure, tourism and entertainment destination. This assignment was completed in November 2007. |
|
Skybrook Golf Club
www.skybrookgolf.com
Huntersville, North Carolina
Semi-Private Golf Club |
 Skybrook is a highly-rated golf course and the centerpiece of an award-winning residential community. Located 20 minutes north of Charlotte, the course opened in 2000 and was designed by Carolina-based John LaFoy. The golf course offers unique elevation changes seldom found at golf courses in this region, which together with thousands of mature trees provide a mountain golf feel. A spacious and modern clubhouse complements the course. The Golf & Resort Group sold Skybrook in October 2007. |
|
Riverfront Golf Club
www.riverfrontgolf.com
Suffolk, Virginia
Semi-Private Golf Club |
 Riverfront is a Tom Doak masterpiece that serves as the featured amenity of an upscale residential community situated at the base of the Chesapeake Bay, along the Nansemond River. An expansive clubhouse and practice facility complement this beautiful club. CBRE’s Golf & Resort Group marketed the property for sale through an exclusive listing and Riverfront closed escrow in September 2007. |
|
Turner Hill
www.turnerhill.com
Ipswich, Massachusetts
Private Golf Club
Developable Land |
 CBRE’s Golf & Resort Group represented the seller of this highly acclaimed golf course community and country club, which included an award-winning course (designed by Dr. Michael Hurdzan and Dana Fry), historic mansion and well-appointed clubhouse, as well as land for approximately 158 residential units. Located 35 minutes north of Boston, Turner Hill sold in June 2007. |
|
The Hodges
Golf Learning Center
www.thehodgesgolf.com
Escondido, California
Golf Practice Facility |
 The Hodges Golf Learning Center is widely regarded as the region’s premier golf instruction and golf practice center, with a massive grass teeing area, which is 400 yards long and 100 yards deep. The lighted facility includes an indoor hitting studio with video tape instruction, a generous matted hitting surface, a complete short-game practice area and a pro shop stocked with a full line of merchandise. The Hodges was selected as one of the Top 100 Golf Ranges in America by Golf Range Magazine and sold in June 2007. |
|
Redlands Mesa
Golf Community
www.redlandsmesa.com
Grand Junction, Colorado
Daily Fee Golf Course
Developable Land
Residential Units |
 Redlands Mesa is one of the most exceptional golf communities in the western United States. CBRE’s Golf & Resort Group exclusively represented the Seller of Redlands Mesa in the sale to BrightStar Golf. The transaction included a championship golf course (designed by Jim Engh and ranked #17 in Golf Digest’s list of 100 greatest public golf courses for 2006-07), two spec homes, 48 platted residential lots and 55 acres of land for approximately 172 additional lots. Redlands Mesa sold in May 2007. |
|
Arrowood Golf Course
www.arrowoodgolf.com
Oceanside, California
Daily Fee Golf Course |
 CBRE’s Golf & Resort Group, in an exclusive listing, represented the seller in this transaction, homebuilder Richland Communities. Arrowood Golf Course was designed by Ted Robinson, Jr. and generated over 60,000 rounds in its first year of operation. While Mr. Robinson has teamed with his famous father on numerous occasions, Arrowood represents his first solo design effort. The key component of a successful master-planned community, Arrowood sold in January 2007. |
| Prior Years Transactions |
|
Siena Golf Club
www.sienagolfclub.com
Las Vegas, Nevada
Daily Fee Golf Course |
 Siena Golf Club is situated in the western Las Vegas community of Summerlin and features a quality golf course designed by Lee Schmidt and Brian Curley. Tasked with expediting the transaction, CBRE’s Golf & Resort Group successfully accomplished a year-end close in less than six weeks, exceeding the Seller’s expectations in both timing and price. Siena sold in December 2006. |
|
Talega Golf Club
www.talegagolfclub.com
San Clemente, California
Daily Fee Golf Course |
 CBRE’s Golf & Resort Group sold Talega for the second time in 2006, marketing the club for Heritage Golf Group, who sold to CNL as part of a portfolio deal (along with Valencia Country Club and Weston Hills Golf Club for a total of $92 million) and leased back the property on a long-term basis. Talega features a challenging golf course designed by Lee Schmidt and Brian Curley, along with PGA Tour player Fred Couples. Talega sold in October 2006. |
|
Bear Creek Golf Club
www.bearcreek-golf.com
Dallas, Texas
Daily Fee Golf Course (36 Holes) |
 Located on-site at the Dallas-Fort Worth International Airport, this legendary facility features two golf courses designed by Ted Robinson. CBRE’s Golf & Resort Group, through an exclusive listing represented the Seller, Woodbine Development. Woodbine sold the leasehold to CNL, who in turn reached an agreement with Billy Casper Golf Management to operate the facility on a long-term lease. Bear Creek sold in August 2006. |
|
Hell’s Point Golf Club
www.hellspoint.com
Virginia Beach, Virginia
Semi-Private Golf Club |
 CBRE’s Golf & Resort Group represented the Seller, Carl Freeman Golf in the sale of Hell’s Point. Located near the oceanfront at Sandbridge Beach, the strategic Hell’s Point golf course was designed by Rees Jones. Golf Digest awarded the facility four stars, deeming it one of the “100 Best Courses in the USA.” Hell’s Point sold in August 2006. |
|
Malibu Country Club
www.malibucountryclub.net
Malibu, California
Daily Fee Golf Course
Developable Land |
 CBRE’s Golf & Resort Group represented the Seller, Tokyo Leisure of Japan through an exclusive listing of this popular club with approximately 487 acres of excess land. The golf course was designed by renowned architect William F. Bell in the late 1970s. The property is situated within an environmentally sensitive region that involved oversight by governmental agencies such as the California Coastal Commission, Santa Monica Mountain Conservancy and the National Park Service. Malibu Country Club sold in April 2006. |
|
Salt Creek Golf Club
www.saltcreekgc.com
San Diego, California
Daily Fee Golf Course |
 CBRE’s Golf & Resort Group represented the Seller, a lender in the sale of this Scottish links-style course, formerly known as The Auld Course. The golf course is bordered by natural wetlands in a protected habitat reserve. Designed by Cary Bickler and PGA Tour player John Cook, the course operates on a ground lease, opened in early 2001, is situated on 230 acres of rolling terrain and is surrounded by upscale residential housing. Salt Creek sold in March 2006. |
|
Shanty Creek Resort & Club
www.shantycreek.com
Bellaire, Michigan
Resort Golf Courses (72 Holes)
Hotel & Resort Amenities
Developable Land
Residential Units |
 CBRE’s Golf & Resort Group teamed with the CBRE Lodging Group to represent the Seller (a lender) in the sale of this 4,500-acre, full service golf & ski resort located 30 miles north of Traverse City in northern Michigan. The transaction included four championship golf courses (two were designed by Arnold Palmer and Tom Weiskopf), 246 condos, 185 hotel rooms, a rental pool of 84 additional rooms, meeting facilities and 26 lots. The facility was deemed one of the “Top 75 Golf Resorts in America” by Golf Digest and “Top 100 Golf Courses” by Golf Magazine. Shanty Creek sold in March 2006. |
|
Deer Ridge Golf Club
www.golfinbrentwood.com
Brentwood, California
Semi-Private Golf Club |
 Deer Ridge Golf Club is a mid-tier daily fee facility in San Francisco’s east bay area, situated at the foot of Mt. Diablo. The golf course was designed by former Nicklaus associate Andy Raugust, who is based in nearby Stockton and has completed several quality designs in the southwestern United States and Mexico. CBRE’s Golf & Resort Group marketed Deer Ridge through an exclusive listing and sold the club in December 2005. |
|
Whitney Oaks Golf Club
www.whitneyoaksgolf.com
Rocklin, California
Daily Fee Golf Course |
 Whitney Oaks is situated in the Sierra Nevada foothills north of Sacramento, operating initially as a private club when it opened in 1997. The golf course at Whitney Oaks was designed by Johnny Miller and Fred Bliss, with mature oak trees and rock outcroppings providng beautiful aesthetics. CBRE’s Golf & Resort Group exclusively represented Newland Communities in the sale, which closed in September 2005. |
|
Hamilton Mill Golf Club
www.canongategolf.com
Dacula, Georgia
Private Golf Club |
 Hamilton Mill is a high-end, private club located 30 miles northeast of downtown Atlanta. The golf course at Hamilton Mill was designed by Gene Bates and PGA Tour player Fred Couples. Built in 1995, it is consistently recognized as one of the top 10 golf courses in the Atlanta area and is complemented by a beautiful plantation-style clubhouse. CBRE’s Golf & Resort Group represented Heritage Golf Group through an exclusive listing and sold Hamilton Mill in April 2005. |
|
Wedgewood Golf Club
www.wedgewoodgolfclub.com
Conroe, Texas
Daily Fee Golf Course |
 This was the second time the CBRE Golf & Resort Group sold Wedgewood, which is located north of Houston. Opened in 1988, the golf course was originally designed by Robert von Hagge and Bruce Devlin, then later renovated by Peter Jacobsen and Jim Hardy. Wedgewood was voted by the Dallas Morning News as one of the “Top 25 Public Courses in Texas.” Wedgewood sold in July 2005. |
|
D’Andrea Golf Club
www.dandreagolf.com
Sparks, Nevada
Daily Fee Golf Course |
 D’Andrea is a hidden jewel in the Reno suburbs, located seven miles northeast of the Reno-Tahoe International Airport. Opened in 2000 and designed by Keith Foster, the golf course is situated high on a hill overlooking downtown Reno, complemented by a 20,000 square foot, Tuscan-style clubhouse. CBRE’s Golf & Resort Group sold D’Andrea through an exclusive listing in August 2004. |
|
Celebration Golf Club
www.celebrationgolf.com
Orlando, Florida
Daily Fee Golf Course |
 Celebration Golf Club represents one of the final collaborations of the famous father-son design team of Robert Trent Jones Jr. and Sr. The golf course serves as the centerpiece of the Celebration community, developed by the Celebration Company, a wholly owned subsidiary of the Walt Disney Company. Exclusively listed by the CBRE Golf & Resort Group, Celebration Golf Club sold in September 2003. |
|
Sunroad Resort Marina
www.sdmarina.com
San Diego, California
Marina Resort Property |
 Sunroad is the the premier resort marina in the San Diego Harbor. Located very close to the San Diego International Airport at the east end of Harbor Island, the 610-slip marina includes resort amenities and beautiful views of downtown San Diego. CBRE’s Golf & Resort Group sold Sunroad in May 2003. |
|
Country Club of the North
www.countryclubofthenorth.com
Beavercreek, Ohio
Private Golf Club
Developable Land |
 This high-end golf community features a Jack Nicklaus signature course, as well as tennis, swimming and fitness facilities. Situated along the Little Miami River southeast of Dayton, CCN sold through bankruptcy. In addition to the championship golf course and country club, the transaction included 28 finished lots plus land for an additional 64 residential lots. Country Club of the North sold in August 2003. |
|
NorthShore Country Club
www.northshore.cc
Portland, Texas
Private Golf Club
Developable Land
Residential Units |
 NorthShore is a private golf community situated along Corpus Christi Bay, with amenities that include championship golf, tennis, swimming and fitness. The Golf & Resort Group marketed the property through an exclusive listing with Credit Suisse that included the golf course (designed by Robert von Hagge and Bruce Devlin), as well as 440 residential units, approximately 44 finished lots and excess land. NorthShore sold in July 2003. |
|
Pacific Golf & Country Club
www.pacificgc.com
San Clemente, California
Private Golf Club |
 This private club is situated in affluent south Orange County and features a 27-hole links-style golf course, which is complemented by a 30,000 square foot clubhouse. The Carnoustie, Muirfield and Royal Lytham nines pay tribute to (course designer) Gary Player’s three British Open championships. Pacific Golf & Country Club sold in April 2003. |
|
Oak Quarry Golf Club
www.oakquarry.com
Riverside, California
Daily Fee Golf Course |
 Oak Quarry is one of the most unique and scenic public courses in Southern California. Built on the site of the historic Jensen Quarry, the golf course was designed by Lee Schmidt and Brian Curley, along with Dr. Gil Morgan. CBRE’s Golf & Resort Group represented the Buyer of Oak Quarry, which closed in May 2003. |
|
Wedgewood Golf Club
www.wedgewoodgolfclub.com
Conroe, Texas
Daily Fee Golf Course |
 Wedgewood is located north of Houston, near Lake Conroe. Opened in 1988, the golf course was originally designed by Robert von Hagge and Bruce Devlin, then later renovated by Peter Jacobsen and Jim Hardy. Wedgewood has been listed in Golf Digest’s “Places to Play” and was voted by the Dallas Morning News as one of the “Top 25 Public Courses in Texas.” Wedgewood sold in December 2002. |
|
Club de Golf Playacar
www.enjoyplayadelcarmen.com
Cancun, Mexico
Resort Golf Course |
 Playacar is situated a gated community in an area known for its high-end resorts, affluent shopping and upscale residential developments. The championship golf course opened in 1994 and was designed by Robert von Hagge. CBRE’s Golf & Resort Group marketed the property through an exclusive listing and the transaction closed in December 2000. |
|
Castle Creek Country Club
www.castlecreekcc.com
Escondido, California
Semi-Private Golf Club |
 Castle Creek is situated in north San Diego County and features a golf course that originally opened with nine holes in 1949, adding nine more under the direction of Jack Daray in 1956. The friendly layout crosses Moosa Creek several times and the 14,000 square foot clubhouse offers beautiful views of the golf course. CBRE’s Golf & Resort Group sold Castle Creek in April 2000. |
|
Talega Golf Club
www.talegagolfclub.com
San Clemente, California
Daily Fee Golf Course |
 Talega is an award-winning master-planned community in south Orange County. The golf course at Talega was designed by Lee Schmidt and Brian Curley, along with PGA Tour star Fred Couples and is considered one of the best in Southern California. CBRE’s Golf & Resort Group sold Talega through an exlusive listing with the developer, Talega Associates (a joint venture between Standard Pacific, Starwood Development and Catellus) in September 2000. |
|
The International Golf Club
www.theinternational.com
Bolton, Massachusetts
Private Golf Club (18 Holes)
Daily Fee Golf Course (9 Holes)
Lodge & Conference Center
Developable Land |
 The International is a well-known New England golf destination located west of Boston which has historically consisted of 9, then 18, 27 and now 36 holes; a 50-room lodge, full-service spa and conference center. The Pines course, the world’s longest (at more than 8,300 yards from the Tiger tees) and consistently rated one of the country’s most difficult, was originally designed by the legendary Geoffrey Cornish and later renovated by Robert Trent Jones. The Oaks course was added in 2001 and was designed by Tom Fazio. CBRE’s Golf & Resort Group exclusively listed and sold The International in January 1999. The transaction included an 18-hole private course and formal clubhouse, 9-hole public course, 53-unit lodge and conference center, as well as excess residential land. |
|
Sycamore Canyon Golf Course
www.sycamorecanyongc.com
Arvin, California
Daily Fee Golf Course |
 Sycamore Canyon is a public course located in the heart of California’s agricultural belt, 25 miles southeast of Bakersfield. The championship golf course was designed by Bob Putnam and facilities include a beautiful 10,000 square foot clubhouse. CBRE’s Golf & Resort Group sold Sycamore Canyon in March 1999. |
|
U.S. Golf Properties
www.clubcorp.com
Philadelphia, Pennsylvania
Municipal Golf Portfolio |
 CBRE’s Golf & Resort Group was exclusively engaged by ClubCorp to market a portfolio of municipal golf courses for sale throughout the Philadelphia and Wilmington metrolopolitan areas. The transaction consisted of leasehold interests in seven municipal golf courses and one practice center. The portfolio sold in April 1999. |
|
PGA West Residential Lots
www.pgawest.com
La Quinta, California
Developable Land |
 This transaction consisted of approximately 7.24 acres of finished residential lots at PGA West, situated on the famous Arnold Palmer course and Jack Nicklaus tournament course. The deal closed in March 1999. |
|
Binks Forest Golf Club
www.binksforestgc.com
Wellington, Florida
Semi-Private Golf Club |
 Binks Forest is an upper-tier private club with a championship golf course and 28,000 square foot clubhouse in the West Palm Beach area. The golf course was deigned by Gene Bates, along with Johnny Miller. CBRE’s Golf & Resort Group exclusively marketed Binks Forest (as a semi-private club) for sale and the transaction closed in November 1999. |
|
Palm Desert Country Club
www.pdccgolf.com
Palm Desert, California
Daily Fee Golf Course (27 Holes)
Developable Land |
 Palm Desert Country Club includes an 18-hole regulation course and a 9-hole executive course, both designed by William P. Bell. Selling PDCC for the second time, CBRE’s Golf & Resort Group exclusively listed and sold the property, which included six tennis courts and residential land for 34 single-family homes. Palm Desert Country Club sold in December 1998. |
|
Grand Traverse Resort
www.grandtraverseresort.com
Acme, Michigan
Resort
Resort Golf Courses (54 Holes)
Developable Land |
 Grand Traverse is one of the premier golf resort destinations in America. The 1,400-acre master-planned resort community is located in northern Michigan, just outside Traverse City. CBRE’s Golf & Resort Group represented KSL Resorts in their acquisition of Grand Traverse, which included a 750-room resort, three golf courses (including “The Bear,” one the finest public golf courses in Michigan) and excess residential land. The transaction closed in August 1997. |
|
Oak Valley Development
www.oakvalleygolf.com
Beaumont, California
Developable Land
Daily Fee Golf Course |
 Oak Valley is a rapidly growing part of Riverside County and this transaction totaled 6,741 acres, including the original golf course (a Schmidt-Curley design). The property is entitled for 13,000 units, 4 golf courses (three of which are now open and operating), a business park and commercial retail center. The Golf & Resort Group exclusively marketed this property for the FDIC and exceeded the asking price by 15%. The Oak Valley property closed in July 1997. |
|
Meadow Lake Golf Club
www.meadowlakegolfclub.com
Escondido, California
Daily Fee Golf Course |
 Meadow Lake is a playable public course in north San Diego County. The golf course opened in 1965 and was designed by Tom Sanderson. Facilities include a 6,000 square foot, fourlevel clubhouse and driving range. Meadow Lake sold in March 1997. |
|
Andalusia at Coral Mountain
www.andalusiaatcoralmountain.com
La Quinta, California
Developable Land |
 This transaction involved 1,290 acres in the Coachella Valley, entitled for three 18-hole golf courses (one opened in 2005, designed by Rees Jones), over 4,000 single-family homes and commercial development. The Golf & Resort Group represented the buyer in a “best and final” bid process conducted by the RTC in 1995 and the property closed in July 1996. |
|
Walden on Lake Houston
www.waldencc.com
Humble, Texas
Private Golf Club
Developable Land |
 This private club is situated northeast of Houston on beautiful Lake Houston and anchors a master-planned community with a highly-rated championship golf course that was designed by Robert von Hagge and Bruce Devlin. The Golf & Resort Group was selected by the FDIC to exclusively market and administer a “sealed-bid” auction, which included 1,100 residential lots. Walden on Lake Houston sold in November 1996. |
|
Eagle Crest Golf Club
www.eaglecrestgc.com
Escondido, California
Daily Fee Golf Course |
 Eagle Crest is a scenic and challenging public course in a gated, master-planned community in north San Diego County. Originally developed by the Koll Company in 1993, the golf course was designed by David Rainville. CBRE’s Golf & Resort Group exclusively represented the Seller in this transaction, which closed in June 1996. |
|
The Crosby Estate
www.thecrosbyclub.com
Rancho Santa Fe, California
Developable Land |
 Located in San Diego County’s covenant of Rancho Santa Fe , The Crosby Estate is a 560-acre master-planned, gated community that is being developed as a 443-unit residential community. A gorgeous golf course designed by Lee Schmidt and Brian Curley, along with PGA Tour player Fred Couples opened in 2001 and the club added a 34,000 square foot clubhouse in August 2005. CBRE’s Golf & Resort Group was successful in marketing the property for a joint venture opportunity and the property was transferred to the new entity in March 1996. |
|
Palm Desert Country Club
www.pdccgolf.com
Palm Desert, California
Daily Fee Golf Course
Developable Land |
 Palm Desert Country Club is a Coachella Valley favorite, featuring an 18-hole regulation course and a 9-hole executive course, as well as six tennis courts. CBRE’s Golf & Resort Group represented the buyer in this transaction, which included excess residential land for 34 single-family homes. The deal closed in March 1996. |
|
Bedford Springs Resort
www.bedfordspringsresort.com
Bedford, Pennsylvania
Resort
Resort Golf Course
Developable Land |
 Originally developed around seven natural mineral springs, this 2,300-acre property in southern Pennsylvania includes a 240-room hotel and championship golf course, built in 1923 and designed by Donald Ross, with input from AW Tillinghast and Spencer Oldham. Bedford Springs was designated a national historic landmark in 1984, entitling the new owner to potential investment tax credits and special loans or grants. CBRE’s Golf & Resort Group marketed Beford Springs through an exclusive listing and the property sold to the County of Bedford in December 1995. |
|
DeerCreek Golf Club
Crossville, Tennessee
Daily Fee Golf Course
Developable Land |
 DeerCreek is located one hour west of Knoxville in a wooded portion of Cumberland County. The Golf & Resort Group was awarded a listing on this 427+ acre development by a European lender, which included an 18-hole golf course, developed and undeveloped residential lots, plus additional land. The deal closed in December 1995. |
|
PGA West Residential Land
www.pgawest.com
La Quinta, California
Developable Land |
 This transaction included approximately 28 acres of finished residential lots at PGA West on the Nicklaus private, Nicklaus resort and Palmer private golf courses. The Golf & Resort Group represented the buyer in this sealed bid transaction from the Resolution Trust Corporation. The property sold in October 1995. |
|
The Cascades Golf Club
www.cascadesoftexas.com
Tyler, Texas
Semi-Private Golf Club |
 The Cascades is a private club situated on 500 lakefront acres, approximately 90 miles east of Dallas. The Golf & Resort Group represented the Seller in an exclusive listing in this transaction. The property, which was a semi-private club known as Briarwood Country Club at the time, sold in May 1995. |
|
Doral Desert Princess Resort
Cathedral City, California
Resort
Semi-Private / Resort Course |
 The 285-room Doral Desert Princess Resort (formerly known as the Doubletree Hotel), along with nine holes of The Desert Princess Country Club sold in March 1995, completing the second part of a two-part transaction for the Golf & Resort Group, who represented the Resolution Trust Corporation as Seller. The resort was part of the RTC Premier Commercial Auction in November 1995. |
|
Killearn Country Club
www.killearncc.com
Tallahassee, Florida
Private Golf Club
Resort Component |
 Killearn is a private country club with golf, tennis, swimming and fitness facilities, as well as a 39-room inn. Located just north of Tallahassee, Killearn has hosted a number of PGA and LPGA Tour events. CBRE’s Golf & Resort Group represented the Buyer in this transaction, a 25-year lease in January 1995. |
|
Golf Club of Illinois
www.golfclubofil.com
Algonquin, Illinois
Daily Fee Golf Course |
 Located just outside Chicago, this championship golf course was designed by Dick Nugent and Bruce Borland. The Golf & Resort Group represented the Buyer in this transaction, which closed in November 1994. |
|
Palm-Aire Country Club
www.wyndhampalmaire.com
www.palmairegolf.com
Pompano Beach, Florida
Resort & Spa
Conference Center
Resort Golf Courses (54 Holes) |
 Located north of Fort Lauderdale, this world-class facility is now a 63-hole private club. In 1994, the Golf & Resort Group was awarded an exclusive listing by the RTC that included three golf courses, a resort with 191 deluxe rooms and suites, conference facilities and a 39,000 square foot spa. The property was sold in a sealed bid/outcry auction, along with The Oaks Golf & Racquet Club in October 1994. |
|
The Oaks Golf & Racquet Club
www.palmairegolf.com
Pompano Beach, Florida
Semi-Private Golf Club (36 Holes) |
 The Oaks includes two 18-hole championship golf courses, extensive tennis (31 courts) and swimming facilities. The Oaks closed along with the Palm-Aire Spa Resort Country Club in October 1994. |
|
Bent Tree Golf Club
www.benttreegc.com
Sunbury, Ohio
Daily Fee Golf Course |
 Bent Tree is considered one of the finest public golf courses in central Ohio. Located north of Columbus, the golf course at Bent Tree was designed by Denis Griffiths. The Golf & Resort Group represented the Buyer, a publicly traded company and nationwide golf course owner in this transaction, which closed in October 1994. |
|
Weston Lakes Country Club
www.wlakes.com
Fulshear, Texas
Private Golf Club
Developable Land |
 Weston Lakes is a private club, situated in a 1,400-acre, master-planned community west of Houston. The championship golf course at Weston Lakes was designed by Hale Irwin. In addition to the golf course, this transaction included estate, golf course and waterfront homesites. Weston Lakes sold in March 1994. |
|
King’s Crossing Golf & Country Club
www.kingscrossingcc.com
Corpus Christi, TX
Private Golf Club
Developable Land |
 The RTC awarded the listing of this 880-acre golf community to the Golf & Resort Group for immediate marketing. The master-planned community features a championship golf course designed by Bill Coore, as well as a beautiful 47,000 square foot clubhouse. The transaction included 380 developed residential lots and closed in September 1993. |
|
Carmel Mountain Ranch CC
www.clubcmr.com
San Diego, CA
Daily Fee Golf Course |
 The golf course at Carmel Mountain Ranch is the centerpiece of a 1,500-acre masterplanned community in central San Diego County. In addition to the Ron Fream-designed championship golf course, the semi-private club features a 21,000 square foot, three-story clubhouse. Carmel Mountain Ranch sold in June 1993. |
|
Picacho Hills Country Club
www.picachohillscc.com
Las Cruces, NM
Private Golf Club |
 Picacho Hills is a full-facility private club located in southern New Mexico. Joe Lee designed the golf course, which at one time was ranked by Golf Digest as the number one private golf course in New Mexico. Through an exclusive listing, CBRE’s Golf & Resort Group was able to complete the sales process in less than four weeks from the start of negotiations to the close of escrow. Picacho Hills sold in April 1993. |
|
Desert Princess Country Club
www.desertprincesscc.com
Palm Springs, CA
Semi-Private Golf Club |
 Desert Princess, along with the Doubletree Resort was priced at a minimum bid of $9,090,000 and was auctioned off for $18,100,000 at the RTC Premier Auction in November 1991. Subsequently in January 1993, the Homeowners closed on 18 of the 27 holes at the country club for $4.98 million as a result of their first right of refusal. The hotel component closed in March 1993. |