As I sit here early on a Monday Morning, I’m recalling a few weeks ago, while enjoying a quick 9-holes […]

Like many of us, I am following the New York Attorney General’s (NYAG) civil fraud lawsuit against Donald Trump. However, […]

It seems as though each time we evaluate a club’s finances, there are different “wrinkles” to consider. The income/expense statements […]

During the past 2+ years, golf has enjoyed a surprising and welcome surge in popularity. Rounds were up in 2020 […]

Among many unsung heroes at some private clubs are Directors of Facilities (DOF). Most members and golfers are familiar with […]

I’m intrigued by the cultural differences between golf in America versus the UK, Scotland in particular. I recently had the […]

Member owned private clubs rarely focus on the market value of the club in favor of a focus on balancing […]

Among the many elements that define the culture of private clubs is each club’s rules. Some clubs are inundated with […]

Like any business, the foundation of a successful club is based on satisfied customers (Members) continuing to purchase products and […]

Back in January, I raised the same question. Six months later, the world has experienced some changes. The war in […]

Last week, after a two year wait and along with several friends I took my son Jack for a golf […]

This month, our series of interviews with some of golf’s movers and shakers focuses on NGCOA CEO, Jay Karen. I […]

Among the most common complaints of members at private clubs is a lack of transparency. Not surprisingly, at investor-owned clubs […]

A few weeks ago, Golf Digest ran an article entitled “The Club Pro Crisis” and talked about the long hours, […]

If I’ve learned nothing else in 35+ years of focusing my appraisal/consulting practice on golf properties it’s that they aren’t […]

Ethics, as defined by Dictionary.com, means: “a system of moral principles; or the rules of conduct recognized in respect to […]

Among the great things about golf is the fascinating folks I’ve encountered in my travels. Herb Rubenstein ranks near the […]

Among the things many clubs rely on for capital projects and deferred maintenance is entrance fee revenues. During the past […]

Sounds like a crazy question, no? Just last month I wrote that even in these good times for the golf […]

As anyone in the club industry is aware, a capable General Manager (GM/COO) is critical to the success of any […]

Just the other day, an old friend and active buyer of golf and club properties called to ask about how […]

Last night, I read about a major Philadelphia Area Mall owner making plans to repurpose some of their properties. Pennsylvania […]

Steve Graves, and his Creative Golf Marketing firm have assisted numerous clubs in developing sound membership development programs. They’ve been […]

Brad Klein is known to many as the longtime architecture critic for Golfweek Magazine. He’s much more. In the late […]

Just this week, my friend, longtime club attorney Dennis Hiller of Greenberg Traurig raised the issue of compaction and I’ve […]

Among the characteristics prospective members try to assess when joining a private golf or country club is that club’s culture. […]

Recently, the following question was raised:  “Does the iconic status of a club increase the market value of the club […]

With recent surges in membership and increased revenues, many clubs are considering, developing or implementing master plans for their future. […]

Private clubs are to a great degree a microcosm of the broader society. Like our regions and communities, each has […]

About 30 years ago, when golf development was booming, many new private clubs focused membership development on the concept of […]

According to an article in “The First Call” by Bradley Klein, California is about to consider a law targeting municipally […]

Recently, we’ve come across a few assignments where we provided estimates of market value and then advised our client not […]

Over my many years as a consultant, appraiser and broker in the golf course industry, we’ve been privileged to assist […]

Last Year at this time we all thought COVID would be short-lived and life would be returning to normal as […]

Some may say this is a self-serving post. So be it. Last week, while traveling I received a call from […]

Steve Shreiner, former Eagle Scout, high school wrestler and son of a college professor, decided as a teenager that he […]

This past weekend, I played golf with a friend who had taken a leave from membership at our club for […]

A challenge we often encounter is the valuation or analysis of a club considering or planning capital improvements. If debt […]

I’ve known Jason Straka for 20+ years. As a young member of the Hurdzan-Fry team he was involved in the […]

2021 has been an interesting and challenging year. On one hand, we’re still dealing with the COVID pandemic and can’t […]