Case Study

Situation: 

• Recessionary pressure, declining membership and recurring operating losses caused the owner to close the golf course

• The golf course and dining facilities were operated from modular buildings  

• The members and residents were very concerned about the future of their club and property values

 

Solution:

• Century Golf Partners created a joint-venture partnership with the Prescott Lakes HOA to acquire the Club from the prior owner

• Arnold Palmer Golf Management began operating the Club

• Repositioned the Club as an integral part of the community lifestyle and restructured HOA fees and membership dues to support club operations

• Added 300+ Golf Members to achieve a full membership roster

• Built a new clubhouse, upgraded facilities and improved golf course conditions

• Positioned the Club for long-term success and sustainability