Courtesy of Stone Harbor Golf Club (2)
Heritage Golf Group, a quickly growing owner and operator of golf and country clubs, acquired Stone Harbor Golf Club in Cape May, New Jersey, from the Fishman family in an off-market transaction. Terms are not disclosed.
Heritage Golf Group’s portfolio now includes 31 well-located private country clubs, high-end daily-fee, and resort courses in the eastern, central, and Rocky Mountain regions of the United States. With the addition of Stone Harbor, Heritage now has a cluster of four high-quality private clubs throughout New Jersey that also includes Stanton Ridge Golf and Country Club, Basking Ridge Country Club, and Shackamaxon Country Club.
“We are excited for the opportunity to expand our footprint in New Jersey, entering the renowned Cape May market to serve not only year-round residents but a large number of seasonal members spending time on the Jersey coast during the warmer months of the year,” Heritage Golf Group COO Jim Oliver said. “Over the course of his ownership, Lee Fishman has profoundly and positively transformed Stone Harbor Golf Club with improvements and additions, setting the stage for Heritage to take the club to the next level. We look forward to continuing to enhance the member and guest experiences to complement our growing network of clubs.”
Set on more than 350 acres in the seaside community of Cape May, Stone Harbor Golf Club is in close proximity to Atlantic City and Philadelphia. The course was initially designed by Desmond Muirhead in 1987. The par-72 course features five sets of tees, 58 bunkers, and water hazards on 11 of 18 holes, including an island green. In addition to the championship golf course, Stone Harbor features well-maintained practice facilities with a driving range, short game area, and a large putting green.
“I am very pleased to turn over stewardship of Stone Harbor Golf Club to Heritage Golf Group,” Fishman said. “The team has demonstrated its ability to invest in and transform high-quality golf clubs to the next level. I believe it is the right fit for our membership to have Heritage to take Stone Harbor forward and continue its legacy as a leading private club.”
