As a club owner, equity member, bank or financial institution, you may not want to be in the golf course management business. Yet, if you’ve assumed ownership of a course due to: financial hardship, foreclosure or even bankruptcy, you need to ensure the property is in a salable and “ready to use” condition when an exit strategy is developed.
“CGCS has teamed with Cypress Golf Management who is a proven leader in distressed properties or bank takeovers to assist in the operation of assets while going thru these tough times.” It is this team of professionals that can provide ongoing maintenance and overall course management for troubled properties and minimizing the clubs losses in the mean time. This is accomplished by performing an initial “site assessment and facility forecast” for any operating group and providing a detailed overview of the plan of attack. A combined exit strategy and flexible contracts makes it easy for a new owner to assume control as we work thru this process.
With our comprehensive site assessment, you’ll know the problems associated with your club and what goals and objectives are needed to facilitate a sale or get the club re-positioned in to the marketplace. Because you can sell the property at any time, Cypress Golf Management offers month-to-month contracts that allow you to exit at any time “and assist in the transition of the course to the new ownership group.”