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JWinick

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Distressed Golf Course Valuation
« on: November 15, 2011, 10:43:23 AM »
We are evaluating a portfolio of distressed real estate loans.   A few of these assets are secured by loans on private clubs in the Mid-Atlantic.   For those of you who are in the industry, can you give us some color as to what distressed golf courses are selling for?   While it may not be the case on each asset, please assume that the golf course use is its highest and best use.   

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