Golf News for Wednesday, May 15, 2013 | Business

Sequoia Golf Holdings announces securing senior debt refinance

Sequoia Golf Holdings, LLC is pleased to announce the completion of a three year $123 million senior debt facility provided by a partnership principally led by Deutsche Bank. The debt facility is secured by approximately 30 golf course assets in Georgia and Texas. Sequoia Golf specializes in the ownership and management of private and semi-private golf country club facilities throughout the United States. It is the owner/operator of The Woodlands Country Club portfolio of properties in Houston Texas and the Canongate portfolio of Golf Clubs in Atlanta Georgia.

About Sequoia Golf Management
Sequoia Golf is one of the leading golf management organizations in the industry, owns and manages a portfolio of high quality private, daily fee and resort golf course facilities located across the United States. Its portfolio includes The Woodlands Country Club in Houston, Texas; and Canongate Golf Clubs, made up of 23 private clubs in the metro Atlanta area, five in Houston and two in Denver. Sequoia is the industry's seventh largest golf course operator with more than 50 properties currently under management.

For more information on Sequoia Golf, visit www.sequoiagolf.com.



 
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