Beautiful close up of the well-manicured golf course at PGA National Resort.
The PGA National Resort & Spa, a renowned destination for golf enthusiasts, has been sold to London-based Henderson Park for approximately $425 million. This iconic resort, located on 807 acres and featuring six prestigious golf courses, recently completed a $100 million renovation. The deal promises exciting future developments, including the upcoming Cognizant Classic to be held from February 27 to March 2. With around 5,000 homes in the area, this acquisition signals a potential surge in local real estate interest.
Exciting news is buzzing in the world of golf! The iconic PGA National Resort & Spa has a new owner, and it’s none other than the London-based private equity firm Henderson Park. Although the official sale deed is still pending, sources are estimating this mouthwatering transaction at around $425 million. That’s a hefty sum, isn’t it?
Let’s dive into what makes this resort a treasure! Spanning an impressive 807 acres, the PGA National Resort is more than just a golf course; it’s a sprawling paradise for leisure and competition alike. Perfectly located at the junction of Jog Road and Florida’s Turnpike, it’s an irresistible destination for golf lovers from near and far.
To stoke the excitement, the resort has recently undergone a $100 million renovation, enhancing the experience for guests and members alike. Whether you are seeking a luxurious spa day or an exhilarating round of golf, PGA National promises to impress!
Golf fans will truly feel at home here! The resort features six stunning golf courses, designed by renowned legends like Jack Nicklaus and Arnold Palmer. Picture it: beautiful landscapes, immaculate greens, and the thrill of playing on courses that have hosted prestigious events, including the PGA Championship, Ryder Cup, and Senior PGA Championship. It’s a golfer’s dream come true!
And don’t forget about The Butcher’s Club—one of the resort’s top dining options led by celebrated culinary talent. After a day on the greens, it’s the perfect spot to unwind and relive the day’s triumphs over a gourmet meal!
Henderson Park isn’t just interested in the past; they are looking toward the future with great potential ahead. With their acquisition of this historic resort, they plan to capitalize on its iconic standing while enhancing its offerings to attract even more guests.
On the horizon is the Cognizant Classic, part of the PGA Tour, set to take place right at PGA National from February 27 to March 2. This exciting event will elevate the resort’s profile and draw eager fans for top-tier golfing action!
Beyond the greens, the PGA National community boasts roughly 5,000 homes, with several lavish properties valued over an awe-inspiring $4 million. With corporate offices being established nearby and the upcoming campus for Vanderbilt University, it’s anticipated that the demand for real estate in this luxurious enclave will soar. Who wouldn’t want to live near such an iconic golf destination?
The new owners aren’t going into this venture unprepared. They’re backed by a joint venture with Salamander Hotels and South Street Partners, all while preserving the integrity and charm of the resort. Praise for PGA National as one of the most iconic golf resorts in the U.S. only reaffirms its luxurious standing in the golfing community.
Previously owned by Brookfield Asset Management, who snagged the resort for around $218 million back in 2018, the complete renovations have laid a substantial foundation for the new owners. They have big shoes to fill, but all signs point to an exciting time ahead for golf aficionados!
In summary, the acquisition of PGA National Resort & Spa is shaping up to be fantastic news for the golf community. With its storied past and bright future, it’s clear that this legendary destination will continue to draw golfers from all corners. So hold onto your golf clubs—PGA National is gearing up to be better than ever!
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