Deeds and WeedsApril 24, 2009

Rumor Mongering

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It's just a rumor, and the resort owner has said it's not commenting, but there's talk Sandestin may be sold. An area  developer named Tom Becnal told a local paper, the Walton Sun, that he's been negotiating with the sprawling resort's parent company.

The resort's owner is Intrawest, a Canadian company that is carrying a heavy debt load and has been making noises about shedding some properties. Here's a Canadian Press report on the speculation as well.

Based in Destin, Fla., Sandestin Resort has four highly regarded golf courses: Baytowne Golf Club, Burnt Pine Golf Club, Raven Golf Club and The Links Course. The Links carries 4 stars out of 5 in Golf Digest's Places to Play reader ratings. The other three courses carry 4 1/2 stars.

-- P.F.