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My Golf Club Closed Without Warning =(

CarlSpackler

By CarlSpackler,
in Golf Talk

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Note: This thread is 2489 days old. We appreciate that you found this thread instead of starting a new one, but if you plan to post here please make sure it's still relevant. If not, please start a new topic. Thank you!

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CarlSpackler Incredible Member

CarlSpackler

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There's an update on this. The course was apparently purchased and they have been maintaining / restoring it to its former glory. 

- Shane

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Grndslmhttr3
Grndslmhttr3

Why do I keep posting shit in the wrong threads, Christ

Hardspoon
Hardspoon

Did anyone else see this thread title and think "That would result in a pull-draw, right?"

Jeremie Boop Super Member

Jeremie Boop

6 minutes ago, CarlSpackler said:

There's an update on this. The course was apparently purchased and they have been maintaining / restoring it to its former glory. 

Good to hear, always nice to know someone is restoring golf courses for play. No new news on the one here that closed. Last I heard they were asking 3x more than it was even remotely worth.

KICK THE FLIP!!

In the bag:
:srixon: Z355

:callaway: XR16 3 Wood
:tmade: Aeroburner 19* 3 hybrid
:ping: I e1 irons 4-PW
:vokey: SM5 50, 60
:wilsonstaff: Harmonized Sole Grind 56 and Windy City Putter

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mcanadiens Super Member

mcanadiens

8 hours ago, CarlSpackler said:

There's an update on this. The course was apparently purchased and they have been maintaining / restoring it to its former glory. 

Really? Haven't heard a thing about that.

Who? Is the plan private or public?

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CarlSpackler Incredible Member

CarlSpackler

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38 minutes ago, mcanadiens said:

Really? Haven't heard a thing about that.

Who? Is the plan private or public?

I had heard that someone started mowing and maintaining. It's private, but rumor is that a wealthy individual bought it. 

- Shane

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David in FL Incredible Member

David in FL

10 hours ago, CarlSpackler said:

There's an update on this. The course was apparently purchased and they have been maintaining / restoring it to its former glory. 

All it took was for you to leave town! ;-) 

In David's bag....

Driver: Titleist 910 D-3;  9.5* Diamana Kai'li
3-Wood: Titleist 910F;  15* Diamana Kai'li
Hybrids: Titleist 910H 19* and 21* Diamana Kai'li
Irons: Titleist 695cb 5-Pw
Wedges: Scratch 51-11 TNC grind, Vokey SM-5's;  56-14 F grind and 60-11 K grind
Putter: Scotty Cameron Kombi S
Ball: ProV1

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CarlSpackler Incredible Member

CarlSpackler

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19 minutes ago, David in FL said:

All it took was for you to leave town! ;-) 

I guess. I doubt previous members will be allowed back without paying. It remains to be seen if it will be private or public. 

- Shane

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WUTiger Incredible Member

WUTiger

(edited)
On 7/18/2014 at 4:32 AM, CarlSpackler said:

If I had the money, I would buy it. It's a tough business, but they haven't been beating down doors in the community either. The new "non-owner" ran an advertising campaign in the spring, but that was it.

Back here in St. Louis area, the golf courses with the best capital position seem to be those emerging from foreclosure. These courses went bankrupt under owner X, and then got bought cheaply by owner Y because the foreclosing bank didn't need the headache.

Owner Y then has a lower capital acquisition cost than competitors, and hence a lower mortgage payment: it's easier to turn the corner financially.

On the update: if the wealthy person can just buy it outright for cash, partly as a labor of love, it can be a go. A banker I know says people who buy golf courses or wineries have similar mindsets.

Edited by WUTiger

Focus, connect and follow through!

  • Completed KBS Education Seminar (online, 2015)
  • GolfWorks Clubmaking Academy: Fitting, Assembly & Repair School (2012)

Driver:  :touredge: EXS 10.5°, weights neutral   ||  FWs:  :callaway: Rogue 4W + 7W
Hybrid:  :callaway: Big Bertha OS 4H at 22°  ||  Irons:  :callaway: Mavrik MAX 5i-PW
Wedges:  :callaway: MD3: 48°, 54°... MD4: 58° ||  Putter:image.png.b6c3447dddf0df25e482bf21abf775ae.pngInertial NM SL-583F, 34"  
Ball:  image.png.f0ca9194546a61407ba38502672e5ecf.png QStar Tour - Divide  ||  Bag: :sunmountain: Three 5 stand bag

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