The Latest in Luxury Resort & Real Estate News

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Former PGA Tour Executives Start New Management Company

(PONTE VEDRA BEACH, FL) -- After starting and running the PGA Tour's highly acclaimed TPC Network for 25 years, Pete Davison is back in the golf and country club business with a new golf management company called Sage Golf Group Worldwide.

Based here in the same hometown as the PGA Tour headquarters, Sage Golf Group recently landed its first management agreement with JP Realty Partners to take over the operations at JP Realty's Raveneaux Country Club near Houston. Raveneaux is a  premier family-oriented private club situated just north of Houston in Spring, Texas.

In its 30-plus years of existence, Raveneaux Country Club has been recognized for being one of the more luxurious country clubs with a multitude of recreational and social amenities that make it a favorite family-friendly destination.  Within the 60,000 square foot clubhouse that sits among natural woodlands, Raveneaux offers a variety of venues for dining and entertaining and multiple dining options that include formal dining, mixed grille, locker room grilles and exceptional banquet facilities. 

The club also offers full-service golf and tennis shops, 12 lighted outdoor tennis courts and a junior Olympic-sized swimming pool.  In late 2009, the Club completed a $2 million renovation project on the clubhouse interior that has been well received by the membership.

"We are extremely pleased to be working with Mark Jordan and Sarah Catherine Norris of JP Realty Partners and the membership of Raveneaux Country Club," said Pete Davison, president and chief executive officer of SAGE Golf Group Worldwide.  "Raveneaux Country Club has a rich and long standing tradition and with the hands-on approach of our management team, we hope to create a seamless enhancement to the overall club experience of the membership."       

Raveneaux Country Club's Old Course was designed by Robert Von Hagge in 1979.

"We are very excited to be working with Sage Group Worldwide, we spent a great deal of time searching for a strong management team for our country club and I could not be more pleased with our results," said JP Realty Partners principal Mark Jordan. "Sage will surely take our course to new heights."

JP Realty Partners owns approximately two million square-feet of commercial real estate, from Class A office buildings leased to long-term credit tenants to golf courses and/or country clubs.

Sooner National Property Management, a subsidiary of JP Realty Partners, is typically retained to actively manage and lease the underperforming assets.

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Tour Club Adds Esteemed CordeValle to Golf Residences Portfolio

(PONTE VEDRA BEACH, FL) -- The Tour Club announced this week it was adding highly acclaimed  CordeValle,  a Rosewood Resort in San Martin, Calif., to its growing golf residences portfolio. CordeValle joins an exclusive list of other Tour Club golf residences, including Pelican Hill, in Newport Coast, Calif.,  Wynn Las Vegas, Sage Valley Golf Club in Graniteville, S.C.,  Atlanta (Ga.) National, and Pronghorn, in Bend, Ore.

The Tour Club is an innovative golf membership program that provides corporations and individuals with access to more than $1 billion in combined assets including a network of luxury residences, private and resort golf courses, previously inaccessible golf-centric experiences, VIP access to select PGA TOUR events, professional-level golf instruction and event concierge services.  The Tour Club is a wholly owned subsidiary of Golf Club Holdings, LLC and it operates under license agreement with PGA TOUR Inc.

CordeValle, a pure golf club experience located midpoint between San Jose and Pebble Beach, was designed by Robert Trent Jones Jr. Many of the club's members are Silicon Valley's movers and shakers. With the addition of Rosewood Resort, CordeValle is now regarded by industry experts as one of the top golf retreats in the country and has garnered prestigious accolades from various outlets, including Condé Nast Traveler's "Top 100 Golf Resorts Worldwide" (No. 13), to Golf Digest's "America's 50 Best Golf Courses" (No. 14), to Golf Magazine's "Top 100 Courses You Can Play." 

CordeValle is 45 minutes north of Pebble Beach and just 30 minutes south of San Jose.  Tour Club member's accommodations include The Fairway Homes, which are two and four-bedroom homes located on the course, and The Bungalows, which are villas situated on a hillside overlooking the ninth fairway. Additionally, Members enjoy exclusive playing privileges at CordeValle's world-class golf course, a Tour Academy instructional facility (scheduled to open July 1st), an on-site spa, an 85-acre award-winning winery and vineyard, and several of the region's finest restaurants. 

"Through our new partnership with CordeValle, we are pleased to be able to provide our members with even more opportunities to enjoy world-class golf and travel experiences," said Tour Club president John Fechter. "The incredible golf course, the stunning homes, and the extensive number of amenities offered, exemplify the Tour Club experience. And as with all of the Tour Club's golf residence destinations, CordeValle is the perfect setting for family holidays and couples getaways, as well as corporate meetings and retreats."

Members of the Tour Club's sister club, Quintess, The Leading Residences of the World, will also be able to enjoy the use of the CordeValle residences on a space available basis.

The Tour Club, which was launched earlier this year, offers corporate and family membership plans. Family membership plans annual dues begin at $21,000 and require an initiation fee.  Annual dues for corporate membership plans start at $39,000 and also require an initiation fee.

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