Golf

Larry Ellison Expands Lake Tahoe Holdings

Larry Ellison, a man who “views prime real estate as scare commodity that can’t easily be replicated,” is expanding his holdings in the Lake Tahoe area, a region well known for its pristine waters and world-class skiing. Regarded as one

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Posted in California, Feature, Golf, Nevada, Recreation, Residential Property, Southwest, West

Sold! Montana’s Yellowstone Club Goes for $115 Million

CrossHarbor Capital Partners LLC paid $115 million to buy Montana’s Yellowstone Club out of bankruptcy court yesterday. The Boston-based private-equity firm agreed to pay $35 million in cash and assume $80 million in debt owed to Credit Suisse. CrossHarbor will also infuse up

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Posted in Bankruptcy, Developers, Eric OKeefe, Feature, Golf, News Desk, Recreation, Regional News, Residential Property, Timber, West

Sold! Utah’s Promontory Club

Yet another twist to a story we’ve been covering out of Park City, Utah. Last year, the Pivotal Group, developers of the 7,200-acre Promontory Club, threw in the towel and sought bankruptcy protection. At stake was more than $350 million

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Posted in Developers, Eric OKeefe, Feature, Golf, Recreation, Residential Property, West

Jeff Gordon to Sell Aspen Ranch?

The Aspen Times is reporting that four-time NASCAR champion Jeff Gordon is under contract to sell his 2,000-acre Aspen ranch. The buyer? John MacDonald, a Dallas developer who created the Dallas National Golf Club. According to the report in the

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Posted in Conservation, Eric OKeefe, Feature, Golf, News Desk, Recreation, Regional News, Residential Property, Topics, West

More Details Emerge on the Crested Butte Mountain Resort Sale

Last Friday’s sale of Colorado’s Crested Butte Ski Resort, part of a three-ski-area package acquired by CNL Lifestyle Properties from Triple Peaks LLC for $132 million, marks the second change in ownership for the Gunnison County landmark in less than five years.

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Posted in Eric OKeefe, Feature, Golf, News Desk, Public Land, Recreation, Regional News, Residential Property, Topics, West

CNL Lifestyle Properties to Pay $132 Million for Crested Butte, Okemo, and Mount Sunapee

CNL Lifestyle Properties, an Orlando-based real-estate investment trust (REIT) will announce today that it is acquiring Crested Butte Ski Resort in Colorado (pictured), Okemo Mountain Resort in Vermont, and Mount Sunapee Ski Resport in New Hampshire from Triple Peaks LLC

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Posted in Feature, Golf, News Desk, Northeast, Recreation, Regional News, South, Topics, West

More Coverage on the Yellowstone Club Bankruptcy Case

It wasn’t two years ago that every media outlet known to man was clamoring over one another to give more column inches to the biggest, gawdiest monstrosity in the West: the Yellowstone Club’s record-breaking $155-million home. Though we’ve banged the drum

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Posted in Feature, Golf, News Desk, Recreation, Regional News, Residential Property, Timber, Topics, West

Tiger Woods Debuts First U.S. Course in North Carolina

When it comes to golf course design, the Big Three has now become the Big Four. Developers looking to entice buyers with courses designed by Jack Nicklaus, Tom Fazio, and Robert Trent Jones can now add Tiger Woods to the list

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Posted in Feature, Golf, Recreation, Regional News, Residential Property, South, Topics

Developer’s Diary: Ute Lake Ranch

A couple of weeks ago my fearless editor and I hitched a ride on a single-engine prop from Denver’s Centennial Airport to Tucumcari, the heart of northeast New Mexico, for a visit to a great new resort development we had been hearing about.

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Posted in Developers, Eddie Lee Rider, Equestrian, Feature, Golf, Hunting, News Desk, Recreation, Regional News, Residential Property, Southwest, Water

Park City Tops Hot Markets Out West

Open range, snow capped peaks, and beautiful views embody what many seek when searching for their first piece of property. One need look no further than the scenic American West when searching for this ideal piece of land. The Rocky Mountain area

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Posted in Golf, News Desk, Public Land, Recreation, Regional News, Residential Property, Topics, West
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