Monday, March 19, 2012

The National Golf and Resort Properties Group: In the News


The National Golf & Resort Properties Group continues to be recognized for the respect and professionalism they command as golf course brokers within the golf industry community. A recent article published by Bloomberg News, entitled “Trump Goes Bottom-Fishing for Golf Courses,” repeatedly referenced a research report performed by the group highlighting falling golf course prices from 2006 – 2012. This drop in golf course pricing was seen as the catalyst for the recent buying frenzy of golf courses for sale from private equity groups and institutional buyers the likes of Donald Trump looking to capitalize on what many believe is a market bottom. A link to the article can be found here.


In a related note, to better serve its expanding client base, The National Golf & Resort Properties Group is proud to announce the promotion of Terence Vanek to Associate/Sr. Analyst, as well as the addition of Ray Demby as the group’s newest Financial Analyst. Terence has been active in real estate management and investment services since 2004, after receiving his Bachelor degree from Duke University, and his Master in Business Administration from the University of Florida’s Hough Graduate School of Business. Ray joined the team after relocating from Cleveland, OH, where he worked as a Property Manager and Leasing Agent, and received his Bachelor degree in Management with minors in Photography and Entrepreneurship from Cleveland’s Weatherhead School of Management.