"Our goal remains the same to continue growing our portfolio of private clubs and to provide an enjoyable experience for our members. Another PGA Show is in the books: gone, but certainly not forgotten. Fr nhere Informationen zur Nutzung Ihrer Daten lesen Sie bitte unsere Datenschutzerklrung und Cookie-Richtlinie. That's fine with the hosts, Your California Privacy Rights/Privacy Policy. This new influx of capital will allow our team to keep doing what we do best investing in upscale golf and country clubs.. For more information about Concert Golf Partners, please visit concertgolfpartners.com. When Concert Golf approached us, a great opportunity for Glen Oaks found us. The owners elected to sell rather The investment group included Mark and Jill Oman, Ron and Ruth Pearson, and Robert and Deb Pulver, all of whom lived in Glen Oaks, a gated West Des Moines community that was developed in the early 1990s. Stewardship of Glen Oaks Country Club in West Des Moines, Iowa has been transferred to Concert Golf Partners. They never assessed the members, and they never took any money out of the club. The clubs annual dues had risen to $26,000 per year, creating a barrier to membership growth. We are a welcoming private club located in Lake Worth on 865 beautiful acres with 36 holes of top-notch golf designed to test the game's best players. Co-Founder, Chairman & Chief Executive Officer, Youre viewing 4 of 10 executive team members. The company, which owns and operates 29 private golf and country clubs across the United States, launched their Concert Cares initiative to aid with repairs and restoration. All Rights Reserved. Concert Golf is a boutique operator of private golf and country clubs focused . "People are enjoying the club, enjoying the experience knowing that it is being professionally managed, knowing that there is never going be another assessment, knowing that they will never have to worry about capital and all the things they worried about before. Aside from the most exclusive clubs in America, many private clubs have at some point encountered challenges with either taking on too much bank debt, battling with a golf management company, or trying to self-fund and self-govern as a member-owned club. Married with three children, Rob enjoys golf when not participating in activities with his family. Press Esc to cancel. YouTube sets this cookie to store the video preferences of the user using embedded YouTube video. The Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities. 300 International Parkway Suite 150 Lake Mary, FL 32746 For inquiries, please reach out to a member of our team. The owners poured millions of dollars into the club, creating a new swimming pool complex, renovating the entire golf course, rebuilding a dam, and laying new cart paths on the course. Our management team remains the same, and so does our goalto continue growing our boutique portfolio of high-end private clubs and to provide the best possible member experience. Tour Talk General Golf Talk Classic Golf And Golfers Courses, Memberships and Travel Groups, Tourneys, and Partners Matching WRX Academy . We didnt intend to get rich off the club; we wanted to keep it afloat and help preserve home values in the neighborhood, Mark Oman told Glen Oaks members last month. He's a member of the Golf Writers Association of America and a long-time golf course rater. Gaillarda CC is the premier private club in Oklahoma City, with an 18-hole Tom Kite-redesign thats the centerpiece of a luxurious 600-acre residential community. In a press release, Concert Golf vice president said the group intends to invest $7 million into the club "in the coming years.". A decade later, the situation is still . More information is available at www.clearlake.com and on Twitter @Clearlake. Nick Oxford for The New York Times. Concert Golf Partners currently owns and operates 23 golf clubs around the United States and is always Shared by Emily Adams View Emily's full profile Concert Golf Partners burst onto the scene in 2011, with Peter Nanula, CEO, announcing the company would invest more than $50 million into acquisitions of private clubs. As humans, we see our primary care physician on a regular basis to proactively evaluate our vital signs. Concert Golf offers a personalized and curated approach to partnership and operates 25 private golf and country clubs nationally, including former developer-owned clubs and longtime member-owned . The club is the centerpiece amenity at the 912-acre 12 Oaks community in fast-growing Holly Springs, North Carolina, featuring 1,700 homes. Concert Golf Partners | 843 abonns sur LinkedIn. C+RB wrote about Concert Golfs involvement with MacGregor Downs CC in Cary, N.C. as its April 2016 cover story (https://clubandresortbusiness.com/getting-back-track-macgregor-downs-cc/). These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Chief Editor, Rob Thomas is based in Cleveland, Ohio. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. Concert Golf's co-founders, Peter Nanula and Susan Dunnavant, began their golf industry careers running Arnold Palmer Golf Management. The Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities. The members soon learned that their partner with no skin in the game was not aligned with their interests, allowed too many non-members to play their golf course, and did not adequately reinvest in the club. ft. clubhouse, new swimming pool complex, golf course renovation, new cart paths, and more. We are excited about working with our new investor partners and we look forward to growing the club portfolio with our existing team, said Susan Dunnavant, COO of Concert Golf Partners. The cookie is used to store the user consent for the cookies in the category "Performance". In each course they have added to their portfolio, Concert Golf Partners has been able to gradually increase membership rosters, invest in new capital improvements, and improve levels of service and course conditions. Of equal note, all facilities are operating profitably and generating significant cash each year to fund additional capital projects in the future. Bob Pulver was involved in the original developer group and was the clubs first Chairman of the Board in 1994. But opting out of some of these cookies may affect your browsing experience. It does not store any personal data. Chairman and CEO Peter Nanula and. Up to $200,000 a year. For more information about Concert Golf Partners, visit www.concertgolfpartners.com. YSC cookie is set by Youtube and is used to track the views of embedded videos on Youtube pages. GreatLIFE Golf added five management deals in North Carolina to its portfolio in January. Concert Golf Partners revenue is $325.6 M, Concert Golf Partners has 2,500 employees, Concert Golf Partners headquarters are located in 300 International Pkwy Ste 150, Lake Mary, Florida, 32746, United States, Concert Golf Partnerss main industries are: Amusement Parks, Arcades & Attractions, Hospitality, Concert Golf Partnerss CEO is Peter Nanula, Concert Golf Partners appears in search results as Concert Golf Partners, Concert Golf Management LLC, Concert Golf Partners LLC, Concert Capital Coinvestments LLC, Concert Capital LLC, Get Free Access to Concert Golf Partners Contacts Info. When typing in this field, a list of search results will appear and be automatically updated as you type. C+RB reported on the transaction at the time. Concert Golf offers a personalized and curated approach to partnership and operates 25 private golf and country clubs nationally, including former developer-owned clubs and longtime member-owned clubs. who owns concert golf partners May 14, 2022 10:02 am dino egg incubator stardew dino egg incubator stardew Through Concert Golf Partners ability to pay off debt and invest cash into the properties, they have been able to increase membership rosters, add new amenities, invest in capital improvement, improve course conditions and raise the level of service. Concerts members enjoy free reciprocal privileges at the companys other upscale clubs along with discounted access to 400+ other TPC clubs and Pacific Links International properties. Glen Oaks terminated the lease deal and bought the club back from the management company. Become a "member for a day" with the Concert Golf Trail. With over $250 million of capital at its disposal to make all-cash investments in large-scale, private golf & country clubs in major metropolitan areas, the company continued its upward growth with seven more club acquisitions in 2022. When Peter Nanula launched the company, he said he planned to invest more than $50 million into acquisitions of private, mostly member-owner clubs. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. Hybrid remote in Michigan. This cookie is set by GDPR Cookie Consent plugin. Set by the GDPR Cookie Consent plugin, this cookie is used to record the user consent for the cookies in the "Advertisement" category . New Management Team Selected to Reopen Par 3 Golf Course in Yorktown, N.Y. Bixby, Okla. The Players Championship presented the Players Community Senior Center with a new computer lab, helping replace equipment that was vandalized and stolen in a 2020 incident. Investment Supports Concert Golf's Portfolio Expansion and Club Enhancement InitiativesLAKE MARY, Fla., SANTA MONICA, Calif., and SEOUL, Korea, Se. Communications and Member Relations Coordinator. Concert Golf offers a personalized and curated approach to partnership and operates 27 private golf and country clubs nationally, including former developer-owned clubs and longtime member-owned clubs. Concert Golf acquired Glen Oaks Country Club in Des Moines, Iowa, in January. Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. Clearlake originally invested in Concert Golf in partnership with the founding management team in April 2022.Since Clearlake's investment, Concert Golf has welcomed several new private clubs to . The facility's clubhouse recently has been remodeled, Greg Whittaker said in a statement. Concert Golf offers a personalized and curated approach to partnership and operates 25 private golf and country clubs nationally, including former developer-owned clubs and longtime member-owned clubs. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. In addition to all Concert Golf Partners properties, our members have access to over 600 properties worldwide through our partnerships with The Executive Golfer and Links2Golf. Bookmark, share and interact with the leading club and resort magazine today. Concert Golf Partners ("Concert Golf," "CGP" or the "Company") announced today that it has received a strategic investment from Centroid Investment Partners ("Centroid"), a Seoul-based private . Get the latest Bi-Weekly Golf Business Viewpoints. CGP takes a long-term investment approach, seeking to deploy capital to upgrade amenities and facilities at private clubs in major metropolitan areas, while maintaining each club's cherished and distinct culture. Whether youre the head planner of your upcoming buddies golf trip or simply along for the ride, weve gathered a few easy ways to keep everyone in your group happy. Local Main: 561.744.6006, 2023 NGF.org. When the three families acquired the club out of foreclosure from the bank in 2010, they immediately they went to work on a multi-million-dollar modernization of the 48,000-sq. Financial terms of the transaction were not disclosed. Golf clubs featured include West Lake Country Club (Augusta, Georgia), Heathrow Country Club (Orlando, Florida) and MacGregor Downs Country Club (Raleigh, North Carolina). Official P Chief Editor, Rob Thomas is based in Cleveland, Ohio. Press Esc to cancel. So, Glen Oaks partnered with a large golf management company under a ground lease arrangement, hoping to benefit from their industry expertise. Landeavor LLC, a Tampa-based real estate developer, built 12 Oaks, but decided it did not want to own and operate private clubs, nor pass that responsibility on to members. Marsh Landing. Concert has amassed $250 million in long-term equity capital to invest in and upgrade large-scale private clubs located in major metro areas. The senior center is managed by the St. Johns Council on Aging, which operates five senior community centers and other services such as Meals on Wheels. ", "Concert Golf's value-added approach to operating clubs, combined with its operating expertise, has positioned the Company well to bring its best practices to new locations and enhance the experience for private club members," added Dilshat Erkin, Senior Vice President at Clearlake. The clubs were purchased in an all-cash transaction that closed in four months. 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