For more information about Concert Golf Partners, please visit concertgolfpartners.com. Started in 2010 by former Arnold Palmer Golf Management founder Peter Nanula, the company focuses on premier private clubs in major metropolitan areas, making significant all-cash investments and upgrades while changing their business model to for-profit. Communications and Member Relations Coordinator. " (We will) become members of the family of . Sie knnen Ihre Einstellungen jederzeit ndern. Leaders May Purchase Former Golf Course Property, Former Tennis Club In Sherman, Texas Will Be Restored. Limited & Associates January 2007 - September 2007 Skills Resorts, Public Relations, Catering, Hospitality, Budgets, Marketing, Golf, Customer Service, Club, Public Speaking . A golfer on a fairway at the Gaillardia Country Club. Each has helped the industry move forward through their. We also use third-party cookies that help us analyze and understand how you use this website. Glen Oaks CC Acquired by Concert Golf Partners By Rob Thomas | January 6, 2022 The West Des Moines, Iowa club was purchased by a group of members in 2010 and underwent a series of renovations, including a multimillion-dollar modernization of the 48,000-sq. cota intends to host certain motorsports events, musical events (concerts and music festivals in Los Angeles, CA 90067 Office - 310 550 4000. LAKE MARY, Fla. and SANTA MONICA, Calif., April 21, 2022 /PRNewswire/ -- Concert Golf Partners ("Concert Golf," "CGP" or the "Company") announced today that it has received an investment from Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"). For most golfers, the idea of an in-home golf simulator is nothing more than a fantasy. Jupiter, FL 33477-4577, Toll-Free: 1.888.ASK.4NGF Durch Klicken auf Alle akzeptieren erklren Sie sich damit einverstanden, dass Yahoo und unsere Partner Ihre personenbezogenen Daten verarbeiten und Technologien wie Cookies nutzen, um personalisierte Anzeigen und Inhalte zu zeigen, zur Messung von Anzeigen und Inhalten, um mehr ber die Zielgruppe zu erfahren sowie fr die Entwicklung von Produkten. from 8 AM - 9 PM ET. These cookies ensure basic functionalities and security features of the website, anonymously. A group of high net-worth families led by Fireside Investments will participate alongside Blackstone in this transaction. 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. From 2001 to 2012, Glen Oaks Tom Fazio-designed course hosted what is now the Principal Charity Classic, the highest-purse event on the PGA Champions Tour at the time. Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors. So, Glen Oaks partnered with a large golf management company under a ground lease arrangement, hoping to benefit from their industry expertise. It is blessed with 27 holes of championship golf. es and facilities at private clubs in major metropolitan areas, while maintaining each club's cherished and distinct culture. We offer superior recreation facilities, casual and fine dining, a resort-style pool, and a social calendar catering to the whole family. Retrouvez le programme complet des venements de la salle CENTRE EVENEMENTIEL DE COURBEVOIE COURBEVOIE et rservez vos places au meilleur prix sur Fnac Spectacles. All Rights Reserved. Concert Golf Partners is a well-capitalized owner-operator of golf properties nationwide. The club has recently achieved the elusive member waitlist and had a record year financially with well over $10 million of annual revenues. Klicken Sie auf Einstellungen verwalten um weitere Informationen zu erhalten und Ihre Einstellungen zu verwalten. Blue Hill Country Club is owned by Concert Golf Partners as a private country club. In addition to the championship golf course, Glen Oaks CC offers a family-friendly aquatics center with multiple pools, a fitness center, and an elegant dining experience. The cookies is used to store the user consent for the cookies in the category "Necessary". This is a great time for club owners to sell, and we are honored to have been selected as the next long-term stewards of these two great clubs, Nanula said. But that has opened the door for investors like Mr. Nanula, who raised his $50 million private equity fund in 2012 and has since bought eight golf course clubs and loans. who owns concert golf partners May 14, 2022 10:02 am dino egg incubator stardew dino egg incubator stardew Get the latest Bi-Weekly Golf Business Viewpoints. 300 International Parkway Suite 150 Lake Mary, FL 32746 For inquiries, please reach out to a member of our team. 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. The Plantation Golf and Country Club's recent sale will wipe out millions in debt for members. Co-Founder, Chairman & Chief Executive Officer, Youre viewing 4 of 10 executive team members. 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. Glen Oaks is in great shape and our objective is to continue to invest and improve the member experience.. 1. "We are thrilled to welcome our new investment partners at Clearlake," said Mr. Nanula. The sale price was not disclosed, but the. He's a member of the Golf Writers Association of America and a long-time golf course rater. Concert Golf is a boutique operator of private golf and country clubs focused on providing high-quality lifestyle offerings and amenities for its members. The management company picked up new contracts to run Sapona Golf, Golf course architectural firm Richardson | Danner has received approval to begin work on their renovation of Hyderabad Golf Club in India. Concert Golf has also released a Golf Partners Overview video that can be viewed HERE. Concert Golf's co-founders, Peter Nanula and Susan Dunnavant, began their golf industry careers running Arnold Palmer Golf Management. Less than two months after ClubCorppulled out of a deal to acquire 16 private clubs from Concert Golf Partners, both companies continue to be buyers. It was the first big show since January of 2020, just before the, Contact Us|1-877-Golf Inc |3544 E. 17th Street, #201 Ammon, ID 83406 Cypress Magazines|Privacy Policy | Cookie Policy | Terms & Conditions. Fountains Country Club is a friendly club serving as our . 07/12/2022 Concert Golf has acquired another club, this time The Ranch Country Club in Denver. The golf course real estate industry took a hammering in the years after the Great Recession, as an oversupply of courses failed to meet demand from buyers. New Management Team Selected to Reopen Par 3 Golf Course in Yorktown, N.Y. Bixby, Okla. Concert Golf Chairman Peter Nanula informed members of the 16 clubs that would have been sold to ClubCorp that "the fit just wasn't right." Nanula added that his firm would now refocus on "adding more fine clubs to our boutique portfolio." Clubs owned by Newport Beach, Calif.-based Concert Golf Partners have been informed by Concert's Type above and press Enter to search. $16.00 Per Hour (Employer est.) Concert is owned by Peter Nanula and several partners and funded by wealthy individuals who, according to Nanula, invest for the long term. Last year, he said he had $150 million to spend with no plans to dispose of any properties. Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features. Get the full list, To view Concert Golf Partnerss complete subsidiaries history, request access, To view Concert Golf Partnerss complete exits history, request access, Morningstar Institutional Equity Research. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Chairman and CEO Peter Nanula and. (Photo courtesy: Concert Golf Partners). Concert Golf Partners is a boutique operator of private golf and country clubs headquartered in Lake Mary, FL. The cookie is used to store the user consent for the cookies in the category "Other. Moelis served as financial advisor to Clearlake. Concert Golf Partners bought the property after it fell into foreclosure. He's a member of the Golf Writers Association of America and a long-time golf course rater. The club is the centerpiece amenity at the 912-acre 12 Oaks community in fast-growing Holly Springs, North Carolina, featuring 1,700 homes. In the 1990s, the developer handed the reins to the members, whose rotating board of part-time volunteers struggled to agree on funding necessary capital improvements and a consistent vision for the club. Emmett Kuhlenkamp of Fleming Island had a hot hand at the Ocala Golf Club with rounds of 69-68--137 to win his first Florida Junior Tour event by two shots. That's fine with the hosts, Your California Privacy Rights/Privacy Policy. 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. This website uses cookies to improve your experience while you navigate through the website. 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. Concert Golf is a boutique operator of private golf and country clubs focused . This cookie is set by GDPR Cookie Consent plugin. These new investors will supplement the capital provided by CGPs current funding sources. The Country Club at Woodmore, one of the first . The sixth annual Drivers of Change Invitational tournament at the Ponte Vedra Inn and Club raised more than $100,000 for the First Coast YMCA. 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. . Concert Golf acquired Glen Oaks Country Club in Des Moines, Iowa, in January. With Clearlake, we have found a partner who understands golf and knows how important our network of clubs is to our members and communities. Plantation Golf & Country Club in Venice, Fla. Concert Golf Partners (CGP)announced that it has secured $100 million in new equity for additional investments in private golf and country clubs through funds managed by Blackstone. 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/). The money will go primarily to the First Coast YMCA Tiger Academy Charter School and Johnson Family YMCA Teen Forward Program. Member Relations Gabrielle McCalister, Director of Communications gmccalister@concertgolfclubs.com Career Opportunities / HR Yvonne Turnbull, Director of Human Resources yturnbull@concertgolfclubs.com New Membership Inquiries https://clubandresortbusiness.com/getting-back-track-macgregor-downs-cc/, Effort to Resurrect Beacon Hill GC Hits Technical Snag. The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The Company collaborates with local professional management at each club to ensure seamless operations and high-quality member experiences to build vibrant club communities. And the entire membership is much happier as a result of it." Many capital projects are planned at both properties including new indoor golf simulators, golf course enhancements and more. Subscribe to Golf Inc. Scorecard, a free bi-monthly e-newsletter with the latest news in operations, sales and development. We will all be staying in the neighborhood and continue to be members of the club. Concert Golf Partners Presents Check to World Central Kitchen Thanks to the Concert Cares initiative, the holidays were a bit brighter for those continuing to recover from the storm.. Concert Golf Partners has acquired two additional clubs in the Midwest The Sagamore Club in Noblesville, Indiana, and The Players Club at Deer Creek in Omaha, Nebraska. "The fairways are brown, the greens are gone, the buildings are being vandalized," says Mr. Steller, a 70-year-old maritime-management consultant. Concert Golf Partners is a boutique owner-operator of upscale private golf and country clubs, with a nationwide portfolio of almost 30 facilities that recapitalized and transitioned to non-equity status. Browse the current issue and archived issues of Club & Resort Business in an easy-to-use, high-quality format. Likewise, a superintendent should perform frequent diagnostic testing on their golf course. 501 N. Highway A1A Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously. The company is a boutique owner-operator of private golf and country clubs, funded on a debt-free basis and operated by a team on behalf of the members, enabling partners to upgrade amenities and facilities while preserving and enhancing their clubs for the long term. Golf clubs featured include West Lake Country Club (Augusta, Georgia), Heathrow Country Club (Orlando, Florida) and MacGregor Downs Country Club (Raleigh, North Carolina). Contact Garry Smits at gsmits@gannett.com and follow him on Twitter @GSmitter, Constellation Furyk & Friends gets better, not necessarily bigger. Concert Golf is a boutique owner-operator of top private golf and country clubs. 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. "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. Membership at White Manor begins with the camaraderie of men and women who set high standards for . Founded in 2011, Concert. Cons I wish Concert Golf Partners could a better benefit package. Another PGA Show is in the books: gone, but certainly not forgotten. Press Esc to cancel. The clubs were purchased in an all-cash transaction that closed in four months. All rights reserved. The new owners ultimately promoted head chef Jeff Strahl to General Manager and CEO, an unusual move in the club industry and a recognition of Glen Oaks focus on culinary excellence. Lake Mary, FL and Santa Monica, CA - April 21, 2022 - Concert Golf Partners ("Concert Golf," "CGP" or the "Company") announced today that it has received an investment from Clearlake Capital Group, L.P. (together with its affiliates, "Clearlake"). The owner of private clubs started acquiring courses in 2011 and has 22 in its portfolio. Follow him on Twitter (@AmGolferBlog) and listen to him on the Club + Resort Talks podcast. Blackstone Tactical Opportunities and Fireside are leading investors in high-end hospitality and leisure businesses with a long-term focus, Nanula said, and we welcome their expertise as we seek to enhance the private club experience for our thousands of members.. Concert owns the clubs in its portfolio outright, though Nanula says Concert is more of a boutique operator focused exclusively on building a small collection of upscale private clubs. 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. 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. When Concert Golf approached us, a great opportunity for Glen Oaks found us. The net winners were Skip Lunsford and Kevin Buller at 12-under-par 60, edging Mark Scott and Greg Maugen by one shot. . But, he said ClubCorp presented a unique opportunity and he was willing to consider such a sale. Blue Hill is a family-oriented country club with a pool, practice facilities, and several dining and function facilities. MITCHELLVILLE, Md., Oct. 28, 2022 /PRNewswire/ -- After a hiatus of 50 years, Howard University's golf team has returned to the campus and Concert Golf Partners has joined the likes of NBA. "We look forward to supporting Peter, Susan, and the broader Concert Golf team as they leverage access to additional capital to execute on their strategy at a greater scale.". 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. "Club members have seen the success at their clubs with fresh investments and improved services, and we are fortunate to have multiple sources of capital for funding new clubs as well as some exciting improvements at our current clubs. But, he said ClubCorp presented a unique opportunity and he was willing to consider such a sale. Chief Editor, Rob Thomas is based in Cleveland, Ohio. View Reciprocal Benefits Marsh Landing. Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. Formed by Nanula, the founder and CEO of Arnold Palmer Golf Management (1993 to 2000), Concert Golf has amassed $150 million of patient, long-term equity capital to invest in and upgrade large-scale private clubs located in major metro areas. PitchBooks non-financial metrics help you gauge a companys traction and growth using web presence and social reach. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. It is as special to us as it is to you., After numerous visits by the owners and Jeff Strahl to several Concert Golf clubs and after spending hours conversing with members and staff about their experience with Concert Golf, the owners reported back to the membership, Every club was different, and Concert Golf prides themselves on retaining the uniqueness and culture of each club. Concert Golf is a boutique owner-operator of top private golf and country clubs. In 1906, Mr. Ellis Gimbel and several of Philadelphia's captains of commerce and industry came together to form a country club dedicated to golf, baseball, tennis, and the pursuit of happiness through social interaction. We are thrilled to welcome some terrific new investor partners, said Peter Nanula, CEO of Concert Golf Partners. 14 May 2022 in second hand snowshoes for sale near hamburg No Comments 0 . New Management Team Selected to Reopen Par 3 Golf Course in Yorktown, N.Y. Bixby, Okla. The firm is headquartered in Santa Monica, CA with affiliates in Dallas, TX, London, UK and Dublin, Ireland. GreatLIFE Golf added five management deals in North Carolina to its portfolio in January. Married with three children, Rob enjoys golf when not participating in activities with his family. 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. Get the full list, Youre viewing 3 of 4 board members. Members had positive feedback on that sale and the club is thriving with a healthy, happy membership base, Concert Golf Partners said. A group of high net-worth families led by Fireside Investments will participate alongside Blackstone in this transaction. Former University of Florida football coach Doug Dickey had a good week at the San Jose Country Club last week. Three private club board members share how Concert Golf Partners has transformed their upscale golf and country clubs. Both courses offer a wonderful experience to golfers of all levels. Concert Golf Partners, a boutique owner-operator of 25 private golf and country clubs, was formed by CEO Peter Nanula, the CEO of Arnold Palmer Golf Management in the 1990s.