Golf News for Friday, January 18, 2013 | Business

Arnold Palmer Golf Management managing The Club at 12 Oaks in Holly Springs, North Carolina

HOLLY SPRINGS, N.C. -- Two of the most celebrated names in golf are coming together at 12 Oaks, the fast-selling private golf community in Holly Springs.

Arnold Palmer Golf Management, owned by Century Golf Partners, announced it has entered into a long-term agreement to manage The Club at 12 Oaks, featuring an award-winning course by the Nicklaus Design Group.

"12 Oaks already ranks among the elite private golf clubs in the Raleigh-Research Triangle region," said Jim Hinckley, president and CEO of Addison, Texas-based Century Golf Partners. "Our job is to provide the vision, leadership and commitment to add value to the 12 Oaks membership and to make the 12 Oaks experience even more enjoyable."

In addition to the course and expansive practice facilities, 12 Oaks amenities include a resort-style pool, fitness center, lighted tennis courts, casual dining café and children's playground, along with a wide variety of social and recreational programs.

Arnold Palmer Golf Management is one of the leading companies in the club management industry, with a management portfolio of more than 80 private clubs and golf courses across the country.

12 Oaks' members will now enjoy access to the "Palmer Advantage", a reciprocal club and travel benefit that provides concierge services and special privileges at private clubs, resorts and golf courses throughout the U.S. and internationally, Hinckley said.

12 Oaks has emerged as the second fastest-selling new home community in the Triangle marketplace, generating over 225 sales for nearly $75 million dollars in the last two years, according to David Mason, general manager for 12 Oaks real estate.

The community is positioned for accelerated growth, with the recent opening of the I-540 Expressway interchange at Highway 55, less than a mile from the 12 Oaks gates, Mason said.

Founded in 2007, 12 Oaks was acquired in 2012 by Landeavor, LLC, a full-service real estate development company with offices in Atlanta and Tampa, in partnership with Walton Street Capital of Chicago.

"Walton Street Capital has enjoyed a long and productive relationship with The Arnold Palmer Golf Management team at several other venues," Mason said. "All of us at 12 Oaks are excited to work with them to provide our homeowners with professional club management and an enhanced club experience."

Contact:
Doug Howe, Partner
Century Golf Partner/Arnold Palmer Golf Management
972.490.2610
dhowe@centurygolf.com



 
Swing Fix