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Don Mahaffey

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #50 on: February 27, 2020, 04:54:05 PM »
Bidding got pretty intense down the stretch.
Sold for $9.55M
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Luke Sutton

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #51 on: February 27, 2020, 05:09:14 PM »
Quote from: Don Mahaffey on February 27, 2020, 04:54:05 PM
Bidding got pretty intense down the stretch.
Sold for $9.55M


Don, how do I get in touch with the new membership director?  ;D
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Duncan Cheslett

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #52 on: February 28, 2020, 02:30:08 AM »
Quote from: Don Mahaffey on February 27, 2020, 04:54:05 PM
Bidding got pretty intense down the stretch.
Sold for $9.55M


So $1.5 m more than its value as farmland. Not a bad price for a top notch golf course, big house, clubhouse, and airfield...
« Last Edit: February 28, 2020, 02:33:00 AM by Duncan Cheslett »
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Jason Topp

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #53 on: February 28, 2020, 11:04:18 AM »
There was a live auction component to the process that I did not understand.
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Sean Leary

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #54 on: February 28, 2020, 01:17:45 PM »
Any word as to whether the bidder will keep the golf course? I really hope so.
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Don Mahaffey

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #55 on: February 28, 2020, 02:00:34 PM »
I'll let the buyer/seller announce when they get it all worked out - but it looks to remain a golf course in some form.
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Tom Bacsanyi

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #56 on: March 02, 2020, 11:36:44 AM »
Quote from: Don Mahaffey on February 28, 2020, 02:00:34 PM
I'll let the buyer/seller announce when they get it all worked out - but it looks to remain a golf course in some form.


As part of the informational package for the auction was the yearly golf course maintenance budget included?  I would be curious to know what that figure is on annual basis, though it's none of my business.


Glad the property went at a premium to the land value. 

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Don't play too much golf. Two rounds a day are plenty.

--Harry Vardon

Don Mahaffey

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #57 on: March 02, 2020, 12:51:17 PM »
Tom,
I don't know what info was shared with the buyer.
I did meet with many of the perspective buyers, and had permission from the owner to be fully transparent about everything having to do with the golf course from actual costs to construction and maintenance methods. But the winning bidder never reached out to me so I don't know what info they had.
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Lou_Duran

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #58 on: March 04, 2020, 12:33:45 PM »
Don,


Congratulations to you, Mike, and Al's family.  Like most here, I hope that the new owners find a way to maintain the course in the manner you did for all the years Al and his friend (Dale?) played it most days.  Along with Trinity Forest, WP provides a very unique golfing experience to Texas.  Please let us know when the sale closes and any other information that the new owner is comfortable sharing.
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John Cowden

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #59 on: March 06, 2020, 12:43:59 AM »
So I have to know, were the camels part of the deal or not?

Congrats to Don, Mike and all Stranz ‘ interests.  Wolf Point is special to all of us and to the game, too.
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archie_struthers

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #60 on: March 06, 2020, 07:25:50 AM »
 8) ;D


Good stuff hope to have the pleasure of visiting it some day !
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Steve Lang

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #61 on: March 09, 2020, 09:16:55 PM »
Quote from: John Cowden on March 06, 2020, 12:43:59 AM
So I have to know, were the camels part of the deal or not?

Congrats to Don, Mike and all Stranz ‘ interests.  Wolf Point is special to all of us and to the game, too.


John, for the record its Stanger not Stranz...  I never met the man, but hopefully his spirit lives on at WP
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Inverness (Toledo, OH) cathedral clock inscription: "God measures men by what they are. Not what they in wealth possess.  That vibrant message chimes afar.
The voice of Inverness"

Don Mahaffey

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #62 on: March 10, 2020, 07:27:45 PM »
Yesterday I heard the camels are staying. Nice to know there will still be a gallery watching tee shots on #4
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David Wuthrich

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #63 on: March 11, 2020, 10:14:10 AM »
And don't forget the Llama!
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Luke Sutton

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #64 on: March 30, 2020, 11:13:49 AM »
I really hope this means what I think it does...


Dormie Network founder Zach Peed has found the ideal spot to social distance.


https://www.instagram.com/p/B-Qufj8JMyL/?igshid=67323icm0gam
« Last Edit: March 30, 2020, 11:15:21 AM by Luke Sutton »
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Chris Mavros

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #65 on: March 30, 2020, 11:40:11 AM »
It does.
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Ryan Hillenbrand

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #66 on: March 30, 2020, 12:05:15 PM »
Quote from: Chris Mavros on March 30, 2020, 11:40:11 AM
It does.


Awesome, I thought Wolf Point would make sense for their portfolio. Great to hear it might be seen by more people now
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Jim Hoak

  • Karma: +1/-0
Re: Wolf Point Club auction
« Reply #67 on: March 30, 2020, 12:10:28 PM »
For those of us without Instagram, what does it say?
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Don Mahaffey

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #68 on: March 30, 2020, 12:32:33 PM »
Zack is spreading the word with somewhat cryptic posts on Instagram and Facebook.  I spent some time with him last week and I like what I heard.
« Last Edit: March 30, 2020, 12:44:17 PM by Don Mahaffey »
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Lou_Duran

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #69 on: March 30, 2020, 12:49:11 PM »
Quote from: Don Mahaffey on March 30, 2020, 12:32:33 PM
Zack is spreading the word with somewhat cryptic posts on Instagram and Facebook.  I spent some time with him last week and I like what I heard.


Quit teasing.  Let us in his thinking.


Unlike Ryan, I didn't see the fit.  Might a second course be more than a wish?
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Don Mahaffey

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #70 on: March 30, 2020, 01:33:24 PM »
Quote from: Lou_Duran on March 30, 2020, 12:49:11 PM
Quote from: Don Mahaffey on March 30, 2020, 12:32:33 PM
Zack is spreading the word with somewhat cryptic posts on Instagram and Facebook.  I spent some time with him last week and I like what I heard.


Quit teasing.  Let us in his thinking.


Unlike Ryan, I didn't see the fit.  Might a second course be more than a wish?


Lou, I can’t tell you his thinking re the use of the course. We didn’t talk about that. Plus that’s his story to tell. Our discussions were more about how the course was built and maintained.
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Peter Flory

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #71 on: March 30, 2020, 02:35:07 PM »
Seems like a good purchase for them. 
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Tommy Williamsen

  • Karma: +0/-0
Re: Wolf Point Club auction New
« Reply #72 on: March 31, 2020, 12:17:07 PM »
Quote from: Peter Flory on March 30, 2020, 02:35:07 PM
Seems like a good purchase for them.


If it is true that Dormie purchased it, I agree. Dormie already owns Briggs Ranch in San Antonio. Between the two of them it would make a fun trip.
« Last Edit: March 31, 2020, 03:18:51 PM by Tommy Williamsen »
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Where there is no love, put love; there you will find love.
St. John of the Cross

"Deep within your soul-space is a magnificent cathedral where you are sweet beyond telling." Rumi

Tom Bacsanyi

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #73 on: March 31, 2020, 12:28:25 PM »
Interesting.  What's the length of the runway there Don?



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Don't play too much golf. Two rounds a day are plenty.

--Harry Vardon

Don Mahaffey

  • Karma: +0/-0
Re: Wolf Point Club auction
« Reply #74 on: March 31, 2020, 01:05:03 PM »
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