News Releases
ClubCorp Acquires Seville Golf & Country Club
DALLAS (Jan. 4, 2008) — ClubCorp, The World Leader in Private ClubsSM, has announced it has purchased Seville Golf & Country Club in Gilbert, Ariz., from Shea Homes. Purchase price of the private golf and country club was not disclosed.
ClubCorp is the largest owner and operator of private clubs in the world. In the Phoenix metropolitan area, the company owns and manages Gainey Ranch Golf Club in Scottsdale and Anthem Golf & Country Club in Anthem.
"We are very pleased to be adding Seville to our portfolio of fine clubs," said Eric Affeldt, ClubCorp’s president and CEO. "The acquisition is the first of many we expect to close in 2008. We are in active discussions with a number of national homebuilders interested in selling high-quality private clubs located in residential communities, which will strategically align with ClubCorp’s growth strategy."
"ClubCorp’s experience and exceptional track record of success was a key factor in selecting them to continue the proud tradition of Seville Golf & Country Club," said Buddy Satterfield, president of Shea Homes Limited Partnership, Seville Golf and Country Club, LLC.
Seville Golf & Country Club was developed as the golf, social and athletic centerpiece to the Seville master-planned community, developed by Shea Homes. The Seville Clubhouse includes a 30,000-square-foot clubhouse with restaurant, golf shop and expansive locker rooms and lounges. Adjacent to the Seville Clubhouse is the Seville Sports Club, which opened in May 2005. The 22,000-square-foot multi-use facility features a health club, meeting rooms, entertainment center and an outdoor 4-acre water park.
Beyond the Seville Clubhouse and Sports Club, members have access to the 18-hole championship golf course. Designed by Gary Panks, this 7,015-yard, private course boasts 190 acres of lush grass, artistic wide-open landscaping and 10 acres of water integrated skillfully into course play.
About ClubCorp
Celebrating its 50th anniversary, Dallas-based ClubCorp is The World Leader in Private ClubsSM. ClubCorp and its affiliates own or operate more than 150 golf courses, country clubs, private business and sports clubs and resorts. ClubCorp's Signature Gold membership level offers complimentary greens fees at more than 90 golf and country clubs and complimentary dining at more than 60 private business and sports clubs. In addition, members with Signature Gold benefits enjoy privileges at more than 200 facilities worldwide that includes exceptional deals at affiliate hotels and resorts (including KSL Resort properties in California, Colorado, Virginia and Texas), ticket and shopping services and more. Among ClubCorp’s nationally recognized golf properties are Firestone Country Club in Akron, Ohio (site of the World Golf Championships – Bridgestone Invitational) and Mission Hills Country Club in Rancho Mirage, California (home of the Kraft Nabisco Championship). The renowned collection of business and business sports clubs include the Columbia Tower Club in Seattle; Metropolitan Club in Chicago; and the City Club of Washington, D.C. More than 15,000 employees within the family of ClubCorp serve nearly 200,000 member households and more than one million guests who visit ClubCorp’s clubs each year. Visit www.clubcorp.com for additional company information.
About Shea Homes
Seville is being developed by Shea Homes. America’s largest privately owned homebuilder, Shea Homes is a division of Shea Homes Limited Partnership, an independent member of the Shea family of companies, which celebrated its 125th anniversary in 2006. Over the past century and a quarter, members of the Shea family and their companies have accomplished many extraordinary milestones, including completing work on the foundation of the landmark Golden Gate Bridge, working on San Francisco’s Bay Area Rapid Transit System (BART) and serving as a managing partner for the construction of the Hoover Dam. Yet Shea Homes’ most satisfying achievements continue to revolve around listening to its customers’ needs and satisfying those needs by providing an extensive selection of new home floor plans and quality workmanship in the finest neighborhoods and communities available today. Call 866-696-7432 or visit www.sheahomes.com for additional information.
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