Golf Club Atlas
GolfClubAtlas.com => Golf Course Architecture => Topic started by: Steve_ Shaffer on August 12, 2020, 10:18:27 AM
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WESTMINSTER, Colo. (BusinessDen) — The Ranch Country Club in Westminster was sold last week by its members to a company that owns and operates private clubs around the country.
Newport Beach, California-based Concert Golf Partners paid around $7 million for the club, according to members familiar with the deal, for the 150-acre course, clubhouse, tennis courts and pool.
That price tag was equal to the existing debt on the course, according to members, taken on in part to renovate the clubhouse in 2016 (https://coloradoavidgolfer.com/ranch-country-club-5-million-renovation-photos/).
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https://kdvr.com/news/money/members-sell-the-ranch-country-club-in-westminster-for-7m/ (https://kdvr.com/news/money/members-sell-the-ranch-country-club-in-westminster-for-7m/)
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https://www.theranchcc.com/Default.aspx?p=DynamicModule&pageid=10&ssid=100028&vnf=1 (https://www.theranchcc.com/Default.aspx?p=DynamicModule&pageid=10&ssid=100028&vnf=1)