CLOSED TRANSACTIONS

Bright's Creek

Bright's Creek
Mill Spring, North Carolina

Golf Club / Equestrian Center / Finished Lots / Developable Land

Bright’s Creek is an award-winning, master-planned community in the foothills of North Carolina’s Blue Ridge Mountains, situated between Charlotte and Asheville. Bright’s Creek Golf Club opened in 2006 and anchored the 4,700-acre community with a beautiful, Tom Fazio-designed golf course. The club operated for 10 years before ceasing operations and entering bankruptcy in 2017. CBRE was engaged to market the developer’s remaining assets, which collectively occupied 750 acres and included the Declarant’s Rights, golf course with practice and maintenance facilities; member lodge with eight rentable suites; six luxury condominiums; 11 platted cottage lots; a hotel development site and an equestrian center with a 12-stall barn and 30 acres of paddocks. Bright’s Creek sold in May 2020.

Heritage Golf Portfolio

Heritage Golf Portfolio
Florida / Virginia / South Carolina
www.tpcprestancia.com
www.tpctampabay.com
www.thedominionclub.com
www.hiltonheadgolf.net/port-royal.com
www. hiltonheadgolf.net/oyster-reef-golf-club.com
www. hiltonheadgolf.net/shipyard-golf-club.com

 

Daily Fee Golf (99 Holes) / Private Golf (54 Holes)

Heritage Golf Group operated for many years as an innovative hospitality company that owned and operated premier private, resort and daily fee golf courses across the United States. The Heritage Golf portfolio included six quality clubs in Virginia, Florida and South Carolina. Backed by the financial strength of private equity firm Tower Three Partners, Heritage completed a $21 million renovation of its portfolio prior to this transaction and its experienced management team successfully leveraged their competitive advantages to drive growth in revenue and profitability. CBRE was engaged through an exclusive listing agreement and sold the Heritage Golf portfolio in January 2020.

Las Posas Country Club

Las Posas Country Club
Camarillo, California

Private Country Club

Las Posas Country Club is a private club that serves as a popular retreat for its members, most of whom live in the surrounding Camarillo area. Situated between Los Angeles and Santa Barbara, the family-friendly club features a fun and challenging golf course, as well as swimming, tennis and fitness facilities. The golf course was designed by Lawrence Hughes in 1958 and renovated under the direction of Cary Bickler in 2010. Clubhouse improvements were completed in Spring 2019. CBRE was retained through an exclusive listing agreement with the LPCC members and this transaction closed in December 2020.

Mission Hills North - Gary Player Course

Mission Hills North - Gary Player Course
Rancho Mirage, California

Daily Fee Golf Course

The Gary Player Course at Mission Hills North is a popular course that was designed by the World Golf Hall of Famer in 1992. Owned at the time of this transaction by the nearby Westin Mission Hills Resort, the Gary Player Course is approximately one mile north of the resort, operating essentially as a stand-alone course. The course is visually striking with beautiful landscaping, wildflowers and attractive water features, occupying 173 acres, and the clubhouse, parking lot and entrance situated on an adjacent parcel with a perpetual easement. CBRE was engaged through an exclusive listing agreement and sold the Gary Player Course through auction in May 2020.

Palm Desert Resort Country Club

Palm Desert Resort Country Club
Palm Desert, California

Semi-Private Golf Club

Palm Desert Resort Country Club is a popular, semi-private golf club on 150 acres in the heart of California’s Coachella Valley. The championship golf course and practice facility was designed by Joe Mulleneaux in 1980 and features panoramic views of the Santa Rosa and San Jacinto Mountains. The course is complemented by a large, 42,000 square foot clubhouse with two ballrooms and multiple meeting areas. The sale was finalized in June 2020 and CBRE represented the buyer in this transaction, the Palm Desert Resorter Homeowners Association.

PGA Learning Center

PGA Learning Center
Port St. Lucie, Florida

Learning Center / Developable Land

The PGA Learning Center in the PGA Village operated for many years as one of the most extensive practice facilities in the United States. Situated in the PGA Village along Interstate 95, the facility was owned and operated by the PGA of America at the time of this transaction. The 36-acre education and practice center featured a huge, circular driving range with portable shade structures, a three-hole practice course, two large putting greens, a bunker complex and several private instructional areas. The 8,200-square foot clubhouse included a retail area, video instruction, club fitting and repair, and fitness facility. The adjacent 7,200-square foot building served as the PGA Museum of Golf and was later utilized as a conference center. The PGA Education Center was leased back for 18 months to facilitate the PGA’s recent move to Frisco, Texas. Also included in the sale was a nearby two-acre parcel zoned for a hotel. CBRE was retained through an exclusive listing with the PGA and sold the Learning Center in March 2020.

Eagle Ridge Resort & Spa

Eagle Ridge
Galena, Illinois
www.eagleridge.com

Destination Hotel (Inn & Campus) / Resort Golf Courses (63 Holes)

Eagle Ridge Resort & Spa is an award-winning, four-season destination resort in northwest Illinois, outside the historic town of Galena. Set in the Galena Territory along 220-acre Lake Galena, the 80-room full-service Eagle Ridge Inn is complemented by a rental pool of more than 200 distinctive homes and villas. Rich in recreational amenities, three championship golf courses and a 9-hole course were all designed by Roger Packard, with help from two-time U.S. Open champion Andy North on Eagle Ridge’s premier course, the General and 9-hole East course. Other outdoor activities include tennis, volleyball, boating, fishing, hot air ballooning, hiking, biking and horseback riding on miles of paved and unpaved wilderness trails. Popular winter activities include cross country skiing, ice skating, sledding and ice fishing. Additional on-site amenities include retail shopping, a game arcade, fitness center, indoor pool, sauna, steam rooms and the 6,000 square foot Stonedrift Spa. A variety of formal and casual dining options, plus a significant amount of meeting space enables the resort to host conventions, weddings and other special events.

Iron Corral

Iron Corral
Napa County, California

Vineyards / Developable Land

Iron Corral covers approximately 420 acres along the southern shore of Lake Luciana, eight miles east of Aetna Springs. Operating vineyards produce Cabernet Sauvignon, Petite Syrah and Petite Verdo grapes, which are sold to premium wine labels. Part of the prestigious Napa Valley American Viticultural Area (AVA), the vineyards are managed by Vino Farms and irrigation water is provided by the Juliana Mutual Water Company (JMWC).

Reunion Resort

Reunion Resort
www.reunionresort.com
Orlando, Florida

Private / Resort Golf (54 Holes)

Luxury Home Rental Program (375 Units)

25 Reunion-owned Villas and Condominiums

Water Park / Swimming Pools / Spa / Tennis Center

Conference Center / Restaurants / Retail / Developable Land

Reunion Resort is situated in the heart of Orlando’s tourism zone, ten minutes from Disney World and 30 minutes from Orlando International Airport. The Resort anchors a 2,200-acre, master-planned community with more than 2,000 luxury homes and a wide variety of award-winning restaurants, recreational and retail amenities. Professionally managed by Salamander Hotels & Resorts at the time of sale, the property was offered unencumbered by brand and management, with substantial in-place cash flow and outstanding growth and development potential. This transaction included three signature golf courses designed by Jack Nicklaus, Arnold Palmer and Tom Watson, plus a five-acre water park, conference center, spa, tennis complex and conference center. This transaction also included a luxury home rental program, 25 Reunion-owned villas and condominiums, plus six development parcels totaling approximately 43 acres.

Willows Run

Willows Run Golf Complex
www.willowsrun.com
Redmond, Washington

Daily Fee Golf (45 Holes)

Situated northeast of Seattle in the Sammamish Valley, Willows Run is a golfer’s paradise with two 18-hole regulation courses, as well as a 9-hole par-3 course and 18-hole putting course. Mt. Rainier is clearly visible to the south and the Sammamish River flows along the property’s eastern boundary. The river is home to salmon and trout, which attract a variety of birds that are often spotted, including Bald Eagles, Canadian Geese and Great Blue Herons. The courses are complemented by an expansive practice facility and clubhouse capable of hosting tournaments, weddings and other special events. CBRE was retained by Sasada Sports International, the buyer of Willows Run, who acquired the property in March 2019.

CostaBaja

CostaBaja
www.costabaja.com
La Paz, Baja California, Mexico 

Golf Course
Beach Club
Marina Village
Finished Lots
Developable Land
                                                                         Condominiums
                                                                         Townhomes

CostaBaja is a world-class, 543-acre beachfront resort community that overlooks the beautiful Bay of La Paz and Sea of Cortez. Located 10 minutes north of downtown La Paz, CostaBaja is an environmentally-responsible, fee simple development that offers luxury amenities including the area’s first five-star hotel and beach club, upscale spa, highly-rated Gary Player Signature golf course and clubhouse, full-service marina and retail village, plus one mile of beachfront.

 

This transaction included the championship golf course and striking clubhouse, oceanfront beach club and retail marina village, as well as the developer’s inventory of unsold condominiums, townhomes, finished lots and developable land. At the time of the transaction, approximately 184 residential units have been built, representing less than 10% of the approved density. High-quality infrastructure is in place, along with all the necessary permits and licenses to continue development in the future. CBRE was engaged through an exclusive listing agreement and sold CostaBaja in January 2018.

DuPont Country Club

DuPont Country Club
www.dupontcountryclub.com
Wilmington, Delaware

Private Country Club

Established in 1920, the legendary DuPont Country Club occupies more than 500 acres in northern Delaware’s beautiful Brandywine Valley. Steeped in history, the iconic club features three 18-hole golf courses and 25 tennis courts, complemented by a stately clubhouse measuring approximately 113,000 square feet. A key component of the property is the 60-acre Brantwyn Estate, which features a three-story 28,000 square foot mansion surrounded by nicely manicured gardens that is utilized for weddings and other special events. The DuPont championship course has hosted many professional and prestigious amateur golf tournaments over the years, most notably serving as the home of the LPGA Tour’s McDonald’s Championship from 1987 through 2004. Originally built as an amenity for DuPont company employees, the club will proudly celebrate its 100-year anniversary in 2020. CBRE was engaged through an exclusive listing agreement and sold the DuPont Country Club in May 2018.

The Eagle

 

The Eagle
Rancho Mirage, California

Developable Land


 

The Eagle spans more than 600 undeveloped acres, covering nearly a square mile in the affluent City of Rancho Mirage. The desirable development property features zoning that allows for residential homes, resort hotels and recreational amenities. The current conceptual plan features a Crystal Lagoon with waterfront home sites, a beach club, luxury and lifestyle hotels, branded and unbranded residential product, commercial and entertainment uses, a hybrid par-3 golf course/neighborhood park and walking trails. Adjacent to the western border of the Eagle is the 200-acre Annenberg Estate that was completed in 1966. The historic property has been referred to as “Camp David of the West,” due to recurring visits by many U.S. Presidents, including President Barack Obama’s meetings with Chinese President Xi Jinping in 2013 and Jordan’s King Abdulla II in 2014. Now known as Sunnylands, the estate continues to serve as a retreat for heads of state, royalty and celebrities. CBRE was retained through an exclusive listing agreement and sold the Eagle in March 2018.

St. Lucie Trail Golf Club

St. Lucie Trail Golf Club
www.stlucietrail.com
Port St. Lucie, Florida

Daily Fee Golf
Developable Land

St. Lucie Trail Golf Club is a mid-tier daily fee facility with private club amenities in Port St. Lucie, between Interstate 95 and Florida’s Turnpike. Located on Florida’s “Treasure Coast,” the challenging golf course was designed by Jim Fazio in 1988. Other recreational amenities include a resort-style swimming pool and five lighted tennis courts. The two-story clubhouse offers views of the golf course, with casual and formal/banquet dining. CBRE was engaged by the PGA through an exclusive listing agreement and sold St. Lucie Trail in March 2018.

Aetna Springs

Aetna Springs
www.aetnaspringsgolf.com
Napa County, California

Vineyards / Resort Village / Daily Fee Golf Course (9 holes) / Developable Land

Aetna Springs is a scenic and historic resort property planned as a luxury destination community on more than 3,100 acres in northern Napa County. The property includes a 710-acre, partially developed resort parcel to the west; plus three large development parcels totaling 2,390 acres eight miles east, near Lake Luciana. The combined property includes operating vineyards and a 9-hole golf course, a partially constructed resort village and 44 planned estate lots. The vineyards, which are situated within the coveted Napa Valley Appellation, produce Cabernet Sauvignon, Sauvignon Blanc and Petite Syrah grapes that are sold to premier Napa Valley wine brands.

The classic 9-hole golf course was redesigned and thoroughly renovated by Tom Doak in 2008. Troon Golf operates the course, which is complemented by a modern, 8,800 square foot clubhouse. The resort village includes a mix of historic buildings, with newer structures partially built during a renovation several years ago. A winery is planned on-site and approved for the production of 57,000 gallons annually. There are 16 estate lots planned near the resort village and 28 estate lots planned near Lake Luciana. 

Copper River Country Club

Copper River Country Club
www.copperrivercountryclub.com
Fresno, California

Private Country Club

Copper River Country Club is located in a growth corridor at the base of the Sierra Nevada mountains in northern Fresno. This well-conceived private club anchors the affluent Copper River community and is set among an Alicante vineyard with bridges, Spanish fountains, rolling fairways and attractive water features. The early California-inspired clubhouse offers a variety of meeting and dining options, with a restaurant that is open to the public. The championship golf course was designed by David Pfaff in 1995 and is complemented by double-sided driving range and dedicated short game area. Other recreational amenities include a world-class tennis facility, fitness center and resort-style pool complex. 

Steamboat Springs Portfolio

Steamboat Springs Portfolio
www.steamboatsprings.net
Steamboat Springs, Colorado

Developable Land

This 10-acre portfolio represented the three best remaining ski-in/ski-out development parcels in Steamboat Springs. Ski Time Square, Thunderhead and Edgemont are strategically situated in the base area at Steamboat Ski Resort. All three properties benefit from their favorable location, zoning and proximity to the Gondola and Christie Peak Express Lift. Steamboat’s 2,965 acres of ski terrain attract nearly one million annual skier visits, ranking it fifth among the country’s most visited ski resorts behind Vail, Breckenridge, Mammoth and Keystone. CBRE was engaged through an exclusive listing agreement and sold the Steamboat land portfolio in December 2018.

Grouse Mountain

Grouse Mountain
www.grousemountain.com
Vancouver, British Colombia

Ski Resort
Developable Land

Grouse Mountain is a four-season destination is one of Vancouver’s top tourist attractions. Occupying approximately 1,262 acres high above North Vancouver, Grouse Mountain offers outstanding views of the city and surrounding mountains. Two trams, four chairlifts and one magic carpet serve 212 acres of skiable terrain with 26 runs, including 15 that are lighted for night skiing. There is an 8,000-square foot outdoor ice skating rink, four terrain parks, equipment rentals and a snow school offering group and private lessons. The popular recreational destination hosts 1.3 million visitors annually, including 850,000 visitors during the summer season, when activities include hiking, ziplining, paragliding, helicopter tours, live concerts and performances. Opportunities exist to develop a mountain top hotel, spa and conference center, as well as skiing terrain, a lift-serviced bike trail network, kids’ area, tube park and expansion of the Chalet area and pedestrian village. Grouse Mountain is 15 minutes north of downtown Vancouver and well-connected via the public transit system. CBRE’s Golf & Resort Group teamed with CBRE Hotels’ London office to represent Sankaty Advisors and Canyon Partners in the sale of this iconic property to KSL Capital Partners in November 2015.

Kingsmill Resort

Kingsmill Resort
www.kingsmill.com
Williamsburg, Virginia

Resort
Conference Center
Private Country Club (54 Holes)
Developable Land

Carton House Hotel, Spa & Golf Resort

Carton House
www.cartonhouse.com
Dublin, Ireland

Luxury Hotel & Spa
Golf Course (36 Holes)

Located 30 minutes west of Dublin in County Kildare, Carton House is one of Ireland’s most prestigious sporting resorts. The five-star hotel features 165 bedrooms, including 18 suites in the 18^th century Palladian mansion. The resort offers a variety of meeting rooms, conference and banquet facilities, as well as dining venues that include the Linden Tree Restaurant, the Kitchen Bar, Lobby Lounge and the Arch BBQ. The estate’s two golf courses were designed by two-time major winner Mark O’Meara and Ryder Cup legend Colin Montgomerie. Carton House has hosted the Irish Open three times and serves as the home of the Golfing Union of Ireland, the oldest golfing union in the world. Additional sporting facilities include soccer, GAA and rugby training pitches utilized by famous clubs including Real Madrid and AC Milan. Owners of the 668-acre estate invested more than $90 million Euros in improvements before listing the property for sale. CBRE’s Golf & Resort Group teamed with CBRE Hotels’ London office to represent Carton Development Partnership and Chockablock Ltd. in the sale of Carton House in November 2017.

Las Vegas Country Club

Las Vegas Country Club
www.lasvegascc.com
Las Vegas, Nevada

Private Country Club

Las Vegas Country Club is an international treasure in the heart of the Las Vegas Resort Corridor, with senior water rights and incomparable views of the Las Vegas Strip. The clubhouse, with its striking architecture, was a frequent hangout of the Las Vegas elite including Elvis Presley, Dean Martin and Frank Sinatra. It features casual and formal dining rooms with kitchens on both levels, an escalator, board room, meeting rooms, member’s grille, large terrace, locker rooms with saunas and steam rooms, card rooms, barber shop, seamstress, administrative offices and an award-winning golf pro shop. The challenging golf course opened for play in 1967 and was designed by Ed Ault, serving as host to 20 PGA Tour and LPGA Tour events before undergoing a complete renovation in 2009. Additional recreational amenities include a swim and fitness facility, four outdoor tennis courts and two indoor tennis courts, plus an entertainment center with two golf simulators, a racquetball court pool table and lounge. CBRE represented the LVCC members in the transaction, which closed in December 2017.

Eastlake Country Club

EastLake Country Club
www.eastlakecountryclub.com
Chula Vista, California

Daily Fee Golf Course

EastLake Country Club is a popular daily fee facility featuring a classic Ted Robinson-designed golf course with single-fairway routing and returning nines. Opened in 1991, the club is part of the surrounding 3,200-acre EastLake master-planned community, with a portion of the community’s recreational facilities (swimming pool and five tennis courts) situated adjacent to the club. The 7,100-square foot clubhouse complex is comprised of a golf pro shop, restaurant and banquet pavilion. The club has made a number of improvements over the last few years to solidify its position in the market. CBRE represented the sellers through an exclusive listing agreement and sold EastLake in December 2017.

Southshore Golf Club

SouthShore Golf Club 
www.southshoreccllv.com
Las Vegas, Nevada

Private Golf Club

SouthShore is a private club situated on a bluff above the south shore of Lake Las Vegas. The featured amenity is a Jack Nicklaus Signature golf course where over three million cubic yards of dirt were moved to create more downhill holes than uphill ones and provide breathtaking views of Lake Las Vegas. The golf course is complemented by a large practice facility that includes a driving range and short game area. A beautiful 26,000-square foot clubhouse is positioned at the top of the hill with views of the entire valley. An 18,000-square foot lake club provides water sports for club members. CBRE represented the buyer of SouthShore during the sale, which occurred in December 2017.

Westkin Portfolio

Westkin Portfolio
Cathedral City, California

Leasehold Portfolio (Golf, Hotel & Residential)

The Westkin portfolio represented a master leasehold interest in a total of 2,096 long-term gound sub-leases covering residential and commercial property, including the DoubleTree Golf Resort (289 rooms and home of the 27-hole Desert Princess Country Club) and the Welk Resort Palm Springs (162 rooms and Cathedral Canyon Golf Club). The lessors are the Agua Caliente Indian Reservation and the lease agreements are administered by the U.S. Department of the Interior through the Bureau of Indian Affairs (BIA). The master ground leases expire between 2061 and 2069 and there were approximately 2,091 condominium subleases, as well as a business park and self-storage facility. Total annual revenue exceeded $4.5 million, with net operating income of more than $2.5 million. CBRE represented the Seller, Westkin in the transaction, which closed in November 2017.

The Gallery Golf Club

The Gallery Golf Club
www.gallerygolf.com
Marana, Arizona

Private Country Club (36 Holes)

Sierra Star Parcels

Sierra Star Parcels
www.visitmammouth.com
Mammouth Lakes, California

Development Land

Mammoth Lakes is a popular year-round recreational destination in California’s Eastern Sierra Nevada. The town itself occupies approximately 2,400 acres surrounded by National Forest lands, east of Yosemite National Park. Mammoth Mountain features 3,500 acres of skiable terrain with 150 trails served by 28 lifts and more than 400 inches of average snowfall, making it the fourth most popular mountain resort in North America. This transaction included the last three development parcels along the Sierra Star Golf Course. Situated adjacent to the clubhouse and intimate Bear Lake, these parcels total 12.5 acres and are well-suited for residential and hotel development. Streets are paved and utilities have been stubbed to each lot. CBRE was retained through an exclusive listing agreement and sold the last three Sierra Star parcels in November 2016.

Red Lodge Mountain Resort

Red Lodge Mountain Resort
www.redlodgemountain.com
Red Lodge, California

Ski Resort
Daily Fee Golf Course
Development Land

Red Lodge Mountain Resort is one of the most popular regional resorts in Montana, located 60 miles southwest of Billings and 20 miles north of the Wyoming border. The town of Red Lodge has been compared to Aspen 40 years ago and described as “One of the best under-the-radar ski towns in the Rockies” by National Geographic. A four-season mountain resort, Red Lodge Mountain offers the only golf course within 40 miles and a popular, regional ski resort in the rugged Beartooth Mountains. This transaction consisted of fee simple and leasehold land, plus the personal property and equipment associated with the operation of the ski resort and golf course at Red Lodge Mountain Resort, which are seven miles apart and collectively occupy approximately 2,275 acres. CBRE was retained through an exclusive listing agreement and sold Red Lodge Mountain in November 2016.

Royal Links Golf Club

Royal Links Golf Club
www.royallinksgolfclub.com
Las Vegas, Nevada

Daily Fee Golf Club

Troon North Golf Club

Troon North Golf Club
www.troonnorthgolf.com
Scottsdale, Arizona

Daily Fee Golf Course (36 Holes)

The River Club

The River Club
www.theriverclub-ga.com
Suwanee, Georgia

Private Country Club
Finished Lots
Spec Home
Developable Land

Fairbanks Ranch Country Club

Fairbanks Ranch Country Club
www.fairbanksranch.com
Rancho Santa Fe, California

Private Country Club

The Wanderers Club

The Wanderers Club
www.wanderersclubwellington.com
Wellington, Florida

Private Country Club
Developable Land

Sierra Star & Village Parcels

Sierra Star & Village Parcels
www.visitmammoth.com
Mammoth Lakes, California

Developable Land

Cameron House & The Carrick

Cameron House & The Carrick
www.cameronhouse.co.uk
Mammoth Lakes, California

Luxury Resort Hotel
Private Golf Club (27 Holes)
Marina / Timeshares
Developable Land

Mount Washington Alpine Resort

Mount Washington Alpine Resort
www.mountwashington.ca
Vancouver Island, British Columbia

Ski Resort
Developable Land

Redhawk Golf Course

Redhawk Golf Course
www.redhawkgolfcourse.com
Temecula, California

Daily Fee Golf Course

The Ranch Club

The Ranch Club
www.ranchclub.com
Missoula, Montana

Semi-Private Golf Club
Developable Land

The Ranch Club is an upscale club that anchors a growing community in western Montana’s beautiful Missoula Valley. Located 10 minutes west of downtown in Missoula’s growth corridor, the Ranch Club community is planned for 365 homes at build out, with approximately 125 homes built to date. The featured amenity is an 18-hole championship golf course designed by Les Furber in 2004. The clubhouse measures approximately 15,000 square feet and includes a restaurant, kitchen, pro shop, offices, locker rooms and a large, finished basement. An adjacent, outdoor four-pool swim complex features a main pool, lap/resistance pool, hot tub and kiddie pool, plus a pool house with snack bar and restrooms. Additional amenities include a stand-alone fitness center and event barn with indoor and outdoor meeting space.

CBRE’s Golf & Resort Group was retained through an exclusive listing agreement with First Interstate Bank and sold the Ranch Club in two separate transactions. 46 finished residential lots totaling approximately 10 acres sold in December 2014 and the majority of the property, which totaled approximately 290 acres (including the Ranch Club itself, plus 73 acres of developable land) sold in July 2015.

Governor's Beach at Rose Hall Plantation

Governor's Beach at Rose Hall Plantation
www.rosehall.com
Montego Bay, Jamaica

Developable Land

Frost Creek

Frost Creek
www.frostcreek.com
Eagle, Colorado

Private Country Club
Mountain Homes
Developable Land

Frost Creek (formerly known as Adam’s Rib Ranch) is a private mountain golf community and working ranch that occupies more than 2,600 acres in Colorado’s greater Vail Valley. Surrounded by vast, protected open space, Frost Creek is home to a spectacular Tom Weiskopf-designed golf course, tennis and swimming facilities, plus hundreds of acres devoted to private hunting and several miles of private water maintained for world-class fly fishing. These amenities are complemented by a luxurious 40,000 square foot clubhouse and five well-appointed, furnished member cottages.

This transaction included 91 finished lots ranging from four to ten acres that surround the golf course and five upscale spec homes that range from 2,800 to 6,400 square feet. Future development plans include a 500-acre private equestrian center and an expansion of the community on more than 1,000 acres currently utilized for farming and ranching. CBRE’s Golf & Resort Group was retained through an exclusive listing agreement and sold Frost Creek in March 2015.

Hilton Tucson El Conquistador Golf & Tennis Resort

 

Hilton Tucson El Conquistador Golf & Tennis Resort     El Conquistador Country Club     www.hiltonelconquistador.com     www.elconquistadorcc.com     Tucson, Arizona     Resort Hotel / Developable Land     Semi-Private Country Club (36 Holes)

This transaction covered two assets. The 428-room Hilton El Conquistador occupies more than 500 acres at the base of Pusch Ridge in beautiful Oro Valley, north of Tucson. The landmark hotel features a spa, retail shops and a variety of recreational amenities including 16 tennis courts and a nine-hole golf course, plus a series of swimming pools and a 143-foot waterslide. El Conquistador Country Club is three miles east of the hotel and was operated as a sister property for many years. Established in 1982, the club occupies approximately 260 acres with a variety of recreational amenities normally associated with a private country club. ECCC features two championship golf courses, an extensive practice facility, two swimming pools and 16 lighted tennis courts. The club’s 38,000 square foot clubhouse includes casual dining, banquet and meeting space, golf and tennis pro shops, fitness center, racquetball courts, weight room, yoga studio and child care facilities. CBRE was retained through an exclusive agreement with MetLife and sold both of the El Conquistador assets in December 2014.

Bear Valley Mountain Resort

    
    Bear Valley Mountain Resort
    www.bearvalley.com
    Bear Valley, California

    Ski Resort

    
  

 

Sand Creek Country Club

Sand Creek Country Club    www.sandcreek.com    Chesterton, Indiana         Private Country Club ​
Sand Creek Country Club is an upper-tier, private club located in northwest Indiana, near the southern shore of Lake Michigan, approximately 50 minutes from downtown Chicago. Originally developed by Bethlehem Steel as a supervisors club, Sand Creek offers complete tennis, swimming and fitness facilities, as well as a 27-hole championship golf course. Complementing the recreational amenities is a magnificent 50,000 square foot clubhouse with casual and fine dining, banquet and meeting space, well-appointed locker rooms, golf pro shop and administrative offices. The swim center includes its own pool house and staging area for music and entertainment. CBRE’s Golf & Resort Group was retained through an exclusive listing with Lake Erie Land Company and sold Sand Creek to Concert Golf Partners in October 2014.

Sandy Bay Beach Club

   Sandy Bay Beach Club
   www.barbados.org
   Christ Church Parish, Barbados
 
   Resort Hotel




Sandy Bay Beach Club is a 130-room oceanfront hotel on Highway 7 in Hastings, a small town on the desirable south coast of Barbados. Located 10 minutes from the capital city of Bridgetown and 20 minutes from the airport, Sandy Bay had been closed since late 2009. The 3.5-acre property features approximately 150 feet of frontage along Highway 7, as well as 150 feet of beautiful white sand beach. Significant setbacks from the highway shield it from noise, creating a peaceful resort setting. Sandy Bay’s extensive beach frontage and protective coral reef create idyllic swimming and snorkeling conditions. There are a number of amenities within walking distance, including retail shops and restaurants in St. Lawrence Gap. CBRE’s Golf & Resort Group was retained through an exclusive listing agreement with Palm Beach Hotel (Cayman) Ltd. and sold Sandy Bay in October 2014.

Antigua Land Portfolio

Antigua Land Portfolio    www.investantiguabarbuda.org    St. Peter, Antigua    Developable Land

This portfolio of developable land along the northeastern coast of Antigua is comprised of 987 acres on the mainland, plus three adjacent islands for a combined total of approximately 1,522 acres. Marketed as part of the Stanford International Bank dissolution, the portfolio was acquired by YIDA International for US$60 million. The Chinese firm plans to create “Singulari,” a multi-billion dollar, mixed-use project including a golf resort, horse track, several five-star hotels and residences stretching from Crump Peninsula to Guiana Island. The property is located in the parish of St. Peter, approximately 30 minutes east of V.C. Bird International Airport. CBRE’s Golf & Resort Group teamed with Smiths Gore and local agent Gilbert Boustany through an exclusive listing agreement with the Joint Liquidators of Stanford International Bank and sold the Antigua land portfolio in August 2014.

Fairmont St. Andrews

   Fairmont St. Andrews
   www.fairmont.com/st-andrews-scotland
   St. Andrews, Scotland

   Golf Resort (36 Holes)
   Developable Land




Fairmont St. Andrews is an award-winning, 209-room luxury resort on 520 spectacular acres. Two manor homes offer a more private, but no less luxurious setting. The Fairmont features 36 holes of championship golf and has served as perennial host of the Scottish Senior Open. Addi-tional amenities include a full spa and health club, business and conference center, plus several dining choices. This transaction included a development component with planning approvals for an additional 79 manor and holiday homes on prime acreage near the hotel. The Fairmont is lo-cated on Scotland’s east coast in St. Andrews, best known as the “Home of Golf.” From its bluff top location, the Fairmont enjoys panoramic views of St. Andrews Bay, the North Sea and Scottish coastline. CBRE’s Golf & Resort Group teamed with CBRE Hotels’ London office and sold the iconic property in August 2014.

Montaluce Winery & Estates
 

    Montaluce Winery & Estates
​    www.montaluce.com
    Dahlonega, Georgia

   Winery, Vineyard and Restaurant
   Developable Land

Montaluce Winery & Estates is a 400-acre master planned community approximately 90 miles north of Atlanta. The community is planned for 284 homes and is anchored by a 24,000 square foot winery that includes a wine store and tasting room, dedicated 10-acre vineyard and an award-winning restaurant. Weddings and other special events are booked from April through October each year. This transaction also included 148 finished home sites and 77 planned home sites, potable wells and a community pool. CBRE’s Golf & Resort Group teamed with CBRE’s Auction Services Group and sold Montaluce in July 2014.

 

Amaryllis Beach Resort

 

Sonoma Golf Club

Sonoma Golf Club    www.sonomagolfclub.com    Sonoma, California   Private Country Club

Sonoma Golf Club is a premium private club in the heart of the Napa-Sonoma wine region, 45 minutes north of the Golden Gate Bridge. Sam Whiting and Willie Watson designed the golf course at Sonoma, which was built in 1928 as a place to escape the cold Bay Area winters. The timeless club features an elegant clubhouse and classically-designed golf course that hosted the Charles Schwab Cup, the PGA Champions Tour’s premier season-ending event, for seven years. Sonoma Golf Club also offers its members a swim and tennis facility with a separate clubhouse, as well as complete fitness and spa facilities. CBRE’s Golf & Resort Group was retained by Crescent Real Estate through an exclusive listing agreement and sold Sonoma in May 2014.

Thousand Islands Portfolio

    Thousand Islands Portfolio
    www.ticountryclub.com
    Wellesley Island, New York

    Semi-Private Golf Club (36 Holes)
    Developable Land

 

Thousand Islands Portfolio covers 900+ acres of recreational real estate in upstate New York. Situated on Wellesley Island, just south of the Canadian border, a series of historic canals were dredged on the property, providing navigable access to the St. Lawrence River. This transaction included three primary components. Thousand Islands Country Club is a 36-hole, semi-private golf club with two full-service clubhouses, a large practice facility and golf academy; as well as 20 golf villas.Wellesley Island Yacht Club is a marina with 105 slips that can accommodate boats from 15 to 50 feet. Each slip includes water connections, voice/data cable and electrical service. Additional facilities include an administrative office and two bath houses with showers and restrooms. Windermere Holdings includes the Wellesley Island Sewer Corporation and 59 building sites along the St. Lawrence River, golf course and canals. CBRE’s Golf & Resort Group was retained through an exclusive listing and sold Thousand Islands Portfolio in May 2014.

Altamer Resort

   Altamer Resort
   www.altamer.com
   Shoal Bay West, Anguilla

   Luxury Resort
   Developable Land



Altamer is one of the Caribbean's finest luxury resorts, with three spectacular oceanfront villas, unprecedented in their luxurious and technological detail, yet artistically simple and engaging. The African Sapphire, Brazilian Emerald and Russian Amethyst were completed in 2004, along Anguilla's desirable western Caribbean coast. These international gems were designed by renowned architect Myron Goldfinger, with private swimming pools and modern amenities complemented by museum quality artifacts and rare objects d'art. A state-of-the-art conference cen-ter was designed with a consistent architectural style to create a unique executive retreat. The restaurant at Altamer was closed in 2008 to make way for a marina development, which has received full planning approval from the Government of Anguilla. The mega-yacht marina will include the conversion of an existing salt pond on 46 acres that separates Altamer from another world-class resort, Cap Juluca. The marina will serve as an official port of entry for Anguilla, with full customs and immigration services. Additional housing and overnight accommodations (134 villas, townhomes, cottages and condominiums, plus 30 hotel rooms) are planned, along with restaurants, shops and recreational amenities. CBRE’s Golf & Resort Group was retained through an exclusive listing agreement and sold Altamer in March 2014.

Mahaut Estate

   Mahaut Estate
   Belvedere, St. Lucia

   Developable Land





Mahaut Estate covers approximately 234 acres of secluded, beachfront plantation land, naturally enclosed by spectacular, steep hills that are typical of St. Lucia’s southwest coast. These steep hillsides flank the Mahaut River, which runs through the heart of the property and flows to the Caribbean Sea. Located approximately 90 minutes south of the capital city of Castries, the estate is largely undeveloped and includes 1,500 feet of beachfront. There are a number of potential development options for this land, including a high-end eco-resort, a spectacular private resi-dence, or a low-density, exclusive Caribbean retreat. CBRE’s Golf & Resort Group sold Mahaut Estate in March 2014.

Grizzly Ranch

BrightStar Portfolio

   BrightStar Portfolio
   www.thepinerycc.com
   www.theclubatpradera.com
   www.tpcsr.com
   Denver, Colorado
   Seattle, Washington

   Private Country Clubs (63 Holes)



BrightStar Golf Group was founded in 2003 to build a collection of fine golf properties that serve as the central amenity to their respective communities. The Pinery Country Club is a family-friendly country club near Parker, a suburb of Denver, Colorado. Recreational amenities include a 27-hole golf course, nine indoor/outdoor tennis courts, three swimming pools and complete fitness facilities. The majestic clubhouse at The Pinery was designed by Marsh & Associates. The Club at Pradera is an upscale golf club near The Pinery, featuring a Jim Engh-designed links-style course that blends Irish modern influences with a Colorado twist. Additional recreational amenities include two tennis courts and a complete fitness center. Pradera’s spectacular lodge-style clubhouse, which was designed by Marsh & Associates, is rich in native woods and stone – distinctly Colorado. TPC Snoqualmie Ridge features a Jack Nicklaus signature golf course that was developed in conjunction with the surrounding community and has served as the host venue for the PGA Champions Tour since 2005. Located east of Seattle, Snoqualmie Ridge also features a beautiful Craftsman-style clubhouse and an aquatic center that was added in 2010. CBRE’s Golf & Resort Group was retained through an exclusive listing agreement and sold the BrightStar portfolio in July 2013.

Garden of the Gods

   Garden of the Gods Club
   www.gardenofthegodsclub.com
   Colorado Springs, Colorado

   Resort
   Private Country Club (27 Holes)




​Garden of the Gods Club is an iconic resort, spa and country club that anchors a well-conceived recreational community. A fixture in Colorado Springs, Garden of the Gods Club is set high on a bluff with striking views of Garden of the Gods Park, Pike’s Peak and the Rocky Mountains. The 260-acre property’s three components include a beautiful upscale lodge, country club and recreation center. The 83-room Lodge is open to the public and offers a variety of comfortable indoor and outdoor spaces for casual and fine dining, business meetings, weddings and other special events. Lodge amenities include a complete spa, salon, fitness studio and swimming pool, plus two indoor and seven outdoor tennis courts. Kissing Camels at Garden of the Gods Club is a private country club with a challenging 27-hole golf course and 31,500 square foot clubhouse. A stand-alone Recreation Center includes a clubhouse, swimming pool, tennis courts, playground and sport court. CBRE’s Golf & Resort Group was retained by Sunrise Company through an exclusive listing agreement and sold Garden of the Gods Club in October 2013.

Hiddenbrooke Golf Club

   Hiddenbrooke Golf Club
   www.hiddenbrookegolf.com
   Vallejo, California

   Daily Fee Golf Course
   Developable Land




​Hiddenbrooke Golf Club is a full-facility, daily fee golf club that anchors an affluent community in the North Bay area of San Francisco, just south of Napa Valley. In addition to a classic, Arnold Palmer-designed golf course, which hosted the LPGA Tour, the club’s recreational amenities include tennis, swimming and fitness facilities. The spacious clubhouse complex is well-appointed with the ability to host multiple functions simultaneously. This transaction included a 1.25-acre finished lot near the 18th green and clubhouse. CBRE’s Golf & Resort Group was retained through an exclusive listing agreement and sold Hiddenbrooke in May 2013.

Moonlight Basin

   Moonlight Basin
   www.moonlightbasin.com
   Big Sky, Montana

   Ski Resort
   Private Golf Club (9 Holes)
   Developable Land



Moonlight Basin is a 7,568-acre modern mountain resort community that combines unspoiled wilderness with luxury amenities and environmentally sensitive development. 3,727 unplatted acres are planned for residential and commercial development, with 2,849 acres devoted to 17 Reserve Ranches that all exceed 160 acres. Two base villages are master-planned for 1,651 residential units, of which approximately 350 have been sold. The resort is situated entirely on private land so there are no federal or state ground leases, which is relatively unusual among western ski resorts. Moonlight Basin’s seven lifts serve 76 groomed trails on 1,900 skiable acres with a base elevation of 7,000 feet and a summit elevation of 11,166 feet. Moonlight Basin and next door neighbor Big Sky Resort jointly market themselves as the “Biggest Skiing in America” with 5,384 skiable acres, 27 lifts, 220 trails and 4,350 vertical feet of skiing. Additional land proposed for ski area expansion would add approximately 1,100 skiable acres. The Moonlight Club features a spa and complete fitness facilities with a waterfall hot tub, outdoor heated pool and locker rooms at the Moonlight Lodge. The Reserve at Moonlight Basin is a Jack Nicklaus signature golf course that opened with nine holes in 2009. CBRE’s Golf & Resort Group was retained through an exclusive listing agreement with Lehman Brothers and sold Moonlight Basin in October 2013.

 

Palmilla Beach Resort & Golf Club

   Palmilla Beach Resort & Golf Club
   www.palmillabeach.com
   Port Aransas, Texas

   Daily Fee Golf Course
   Developable Land




Palmilla Beach Resort & Golf Club (formerly known as Newport Beach & Golf) is a master-planned, oceanfront golf community on Mustang Island in the seaside community of Port Aransas, near Corpus Christi, Texas. The developing beach community is situated between Corpus Christi Bay and the Gulf of Mexico, anchored by an Arnold Palmer-designed golf course. The award-winning, links-style course opened in 2008. A hotel and more than 1,400 residential units are planned, including beachfront, fairway, marina and bay view homes. This transaction included three development parcels, as well as the golf course, that collectively occupied approximately 717 acres. Significant infrastructure was completed on two of the three development parcels. CBRE’s Golf & Resort Group was retained through an exclusive listing agreement and sold the property in February 2013.

Redstone Portfolio

   Redstone Portfolio
   www.bhawkcc.com
   www.golfclubofhouston.com
   www.blackhorsegolfclub.com
   www.shadowhawkgolfclub.com
   Houston, Texas

   Private Golf Clubs (54 Holes)
                                                                 Daily Fee Courses (54 Holes)
                                                                 Developable Land


The Redstone Companies enjoys a well-earned reputation as a quality real estate developer and operator of luxury golf and resort properties in the greater Houston area. Their four golf clubs included BlackHorse Golf Club, arguably the best 36-hole, public-access facility in the greater Houston area with two highly-rated Jacobsen-Hardy layouts; the Golf Club of Houston (formerly Redstone Golf Club), home of the PGA Tour’s Shell Houston Open since 2003 with two championship golf courses (one public and one private) designed by Jacobsen-Hardy and Rees Jones with David Toms; Shadow Hawk Golf Club, a premium private club that delivers the ultimate golf experience; and Black Hawk Country Club (formerly The Houstonian Golf & Country Club), a full-facility private club that (like Shadow Hawk) features an elegant clubhouse and outstanding, championship golf course designed by renowned architect Rees Jones. Shadow Hawk and Black Hawk share modern maintenance and expansive practice facilities. CBRE’s Golf & Resort Group was retained by the Redstone Companies through an exclusive listing agreement and sold the portfolio in April 2013.

The Golf Club at Terra Lago

   The Golf Club at Terra Lago
   www.golfclub-terralago.com
   Indio, California

   Daily Fee Golf Course (36 Holes)




The Golf Club at Terra Lago is a quality, 36-hole daily fee facility in the Coachella Valley, east of Interstate 10 in the City of Indio. Terra Lago opened in 1999 as Landmark Golf Club and hosted the PGA Tour’s Skins Game from 1999 through 2002. The North and South courses each stretch to more than 7,000 yards and were designed by the highly-regarded team of Lee Schmidt and Brian Curley. A generous practice facility complements the two courses, along with a 22,000 square foot clubhouse and adjacent pavilion, utilized to host a variety of special events. CBRE’s Golf & Resort Group was engaged by Lehman Brothers and sold Terra Lago in August 2013.

The Links at Summerly

   The Links at Summerly
   www.linksatsummerly.com
   Lake Elsinore, California

   Daily Fee Golf Course




The Links at Summerly is one of the newest golf courses in Southern California. Situated halfway between Temecula and Corona, the course opened in 2008 and was designed by Cal Olson, who has created a number of challenging layouts in California, Nevada, New Mexico, South Korea, the Philippines and Russia. At Summerly Mr. Olson utilized natural mounding and a series of burns (canals) to create an authentic, Scottish links-style course. The golf course is complemented by a modern, Craftsman-style clubhouse that features a restaurant and well-stocked pro shop. Summerly Grill is open for breakfast and lunch every day, with an outdoor events lawn and comfortable patio that enjoy panoramic views of the golf course and surrounding area. CBRE’s Golf & Resort Group was retained by McMillin through an exclusive listing agreement and sold Summerly in September 2013.

​

Warner Springs Ranch

   Warner Springs Ranch
   www.warnerspringsranch.com
   Warner Springs, California

   Golf Resort (closed)
   Developable Land / Mineral Springs
   Private Airport / Equestrian Center



Warner Springs Ranch is a historic resort property covering approximately 2,380 acres in northeast San Diego County, between Palomar Mountain and Borrego Springs. Established as part of a Spanish land grant in the mid-19th century, approximately 100 cabins were built in the 1920s and 1930s. The golf course was added in 1965 and approximately 150 guest cottages were built in the 1980s. There are abundant natural mineral springs on the property, with recreational amenities that include swimming pools, tennis and fitness facilities, an equestrian center and championship golf course. A 35-acre, private airfield on the northwest portion of the property offers sailplane rides and general aviation services. Warner Springs Ranch was operated for many years as a fractional ownership resort, however the resort component ceased operations in January 2012. CBRE’s Golf & Resort Group was retained through an exclusive listing agreement with the Warner Springs Ranchowners Association and sold the fee simple land, improvements and water rights through a Chapter 11, Section 363 Bankruptcy process in April 2013.