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.