Thursday, May 17, 2012

Home News Northville Hills GC sold

Northville Hills GC sold

Course News

Wilson Golf purchases one of Metro Detroit's top daily fee courses.

| February 15, 2012 |

Font size

Links Capital Advisors, Inc. is pleased to announce that it has completed the sale of Northville Hills Golf Club in Northville, Michigan.

Boasting a design by the legendary Arnold Palmer, Northville Country Club is an 18-hole, 7,003-yard championship course with a slope of 132. Northville is one of the top daily fee courses in the Detroit metropolitan area. The unique layout encompasses native woodlands, natural wetlands, ponds and rolling slopes of Michigan Heather.  The 10,000 square foot clubhouse is fully equipped with a pro shop, full service kitchen, dining room and a 200-person banquet room. Also on the property is a separate cart barn and maintenance facility.
 
According to Chris Charnas, President of Links Capital Advisors, "Wilson purchased a great asset in Northville Hills. The property has always had positive cash flow, and a new owner with fresh eyes will do even better."
Charnas represented the seller, Capmark Bank, in the transaction and the buyer, Wilson Golf, was not represented.  Of the seven deals that Capmark took back from Carlyle, Links has sold two, Mequon and Northville and is marketing two, Silver Spring in Wisconsin and Bull Valley in Illinois, which is under contract.

Top news

Golf course worker hospitalized

Portland Golf Course crew member trapped under tractor while treating course.

Stay sun-safe each and every day

Attention Turf Heads: May is Skin Cancer Awareness Month. So slather on the SPF-30 and bone up on your skin cancer prevention facts.

Getting more out of the soil

Dr. Bob Ames, director of applied sciences at Advanced Microbial Solutions, shows how bionutrition can help turf get the most out of a fertility program.

Billionaire Warren Buffett may be seeing green

Deere among 24 companies that meet takeover criteria.

New data on lawn care product safety released

Research findings confirm that proper use of products does not pose a health threat.