Deeds and Weeds

Results for September 2009 Back to Deeds and Weeds Index

Jordan's New Home is a Castle

Michael Jordan is building a home on a golf course -- specifically, the Bears Club in Jupiter, Fla. -- and according to this story, it's going to be quite a doozy.First, the basics: Jordan bought two adjoining lots at the... Read more

At Doonbeg, Business is Up

Doonbeg is bucking the trend.In a tough year for the travel industry in general -- and golf resorts in particular -- officials at the luxury golf property in Ireland (which features a much acclaimed Greg Norman-designed golf course) released some... Read more

The Latest On Laurelmor

Laurelmor is no more, as a headline writer at the Winston-Salem Journal puts it. The 6,000-acre North Carolina luxury golf community, a project of Florida developer Bobby Ginn, has been renamed Reynolds Blue Ridge and announced a big rollback in... Read more

The Drama Of Bonita Bay

The Wall Street Journal has a big article on the Bonita Bay Group saga today. Angry residents, the paper reports, have filed more than a dozen lawsuits against the South Florida development company seeking the return of their deposits and... Read more

Couples Sells Home For $9.56 Million

Fred Couples has sold his house in Montecito, Calif., which is near Santa Barbara. The selling price for the nine-bedroom, seven-bathroom structure (which also has a 2,300-square-foot guest house) was $9.56 million. It was originally listed at $12.5 million. Details... Read more

Georgetown Club Closes

The Georgetown Club outside Boston closed on Monday, surprising golfers who were looking forward to the fall season and, according to the Boston Globe, a handful of couples about to get married there. The article quotes managing partner Peter Wojtkun... Read more

Papago: Arizona GA "bit off more than it could chew"

Sounds as though what had become a messy situation at Papagp Golf Course in Phoenix is about to boil over. The Arizona Republic has the story here.To summarize, Papago, one of the better public golf facilities in the country, underwent... Read more

'The Health Of Most Of Our Clubs Is Pretty Good'

An article in today's Fort Myers News-Press reminds readers that not every golf club in southwest Florida is about to file for bankruptcy protection.The paper quotes Tom Noyes, general manager of the Wildcat Run Golf and Country Club (pictured), as... Read more

Lehman's Haves and Have-Nots

The Wall Street Journal takes a look at the troubled real estate in Lehman Brothers' $16 billion portfolio today and concludes that the bankruptcy workout process is creating "haves and have-nots."Among those in the latter camp are the people behind... Read more

Two Courses For the Bankruptcy Files

Two new additions to the golf course bankruptcy files:In Bluffton, S.C., Old Carolina GC, a nine-hole course that used to be an 18-hole layout until nine holes and the driving range were rezoned four years ago so developers could turn... Read more

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