Tee boxes - above average Fairways - excellent Greens - below average Played the course more times than I can count in the last 5 years. The greens were the best the crew can make them, but more than half of them have dead spots. They put the flags in the best spots,...
A Canadian lender has taken ownership of four Charlotte-area golf courses that were part of the troubled Carolina Trail group, according to letters from the company.
After the foreclosure process, Toronto-based Romspen is the new owner of the Birkdale, Highland Creek, The Divide and The Tradition golf clubs, the letters say. The new ownership is effective as of Tuesday.
Would be nice for the new owner to give something to Gift of Golf coupon-holders. Like give them the greens fee and have them pay for the cart. Builds good will as they try to bring golfers back to those decrepit courses. Those coupons will be gone soon enough and they’ll have kept the players’ loyalty.
It seems like ‘occupying’ the Tradition’s driveway won’t generate a large amount of sympathy amongst the non-golfing public. Fact is that these guys made a contractual agreement with an entity that no longer legally exists. No doubt it sucks but what is happening here is nothing new when a bankruptcy occurs. Legally… I believe the technical term is S.O.L.
Hopefully, the new owners are smart & savvy businesspeople who will figure out some way to lessen the pain but they are not obligated to do so. As always, Caveat Emptor…