Golf News for Tuesday, July 16, 2013 | Business

Accord Golf Capital announces acquisition of Brookfield Country Club in Georgia

ROSWELL, Ga. -- Accord Golf Capital announces its all-cash acquisition of the Brookfield Country Club in Roswell, Georgia. Brookfield is a well-established private country club with an 18-hole golf course, a state-of-the-art golf training center, 10 tennis courts, a fitness facility and an Olympic swimming pool. Accord plans to enhance the club through additional capital investment and professional management.

"We are extremely proud to be associated with one of north Atlanta's finest private clubs and we look forward to building upon its strong reputation and traditions," said Paul Mauk, Managing Partner in Accord Golf Capital. Over the next twelve months, we will implement a capital improvement plan that will include upgrades to the golf course and clubhouse in order to build on Brookfield's standing as one of the finest family-oriented clubs in the north Atlanta market. We believe the members will appreciate the enhancements we're planning."

Based in Williamsburg, Virginia, Accord Golf Capital is an active buyer of high-quality golf properties and golf-related debt instruments. The company also provides senior and mezzanine financing to experienced golf owner/operators. The Accord management team brings 80+ years of combined golf and real estate industry experience and relationships.

According to Chris Crovatto, Managing Partner at Accord Golf Capital,"The Brookfield acquisition presented several challenges that allowed us to leverage the unique capabilities of our management team. As an all-cash buyer that is deep in transactional experience and knowledge of the golf asset class, we are comfortable in situations where speed and certainty of execution are at a premium."

For more information on Accord Golf Capital contact:

Boston, MA
Rick Nekoroski

Greenwich, CT
Chris Crovatto

Orange County, CA
John Seeburger

Williamsburg, VA
Paul Mauk
757-566-1138 ext. 18