SAN DIEGO, CA. – Heritage Golf Group is pleased to announce that it has been selected by Hillcrest Bank to act as Chief Restructuring Officer for The Country Club of Whispering Pines and Foxfire Golf and Country Club, in Pinehurst, North Carolina.
The Country Club of Whispering Pines and Foxfire Golf and Country Club represent Heritage Golf Group’s fourth and fifth management business relationship since 2010, bringing the Heritage Golf Group portfolio to 25 owned and managed courses. Heritage Golf Group continues to expand its business model to offer golf management and consulting services to owners.
“We are happy to have been selected by Hillcrest Bank to act as Chief Restructuring Officer for these four courses,” said Andy Crosson, Executive Vice President of Heritage Golf Group. “In any consulting or management role, our goal is to improve operations and financial performance. We have historically been very successful at this, thereby allowing private investors or financial institutions to proceed with successful exit strategies.”
Foxfire Golf and Country Club, opened in 1968, offers thirty-six holes of traditional golf designed by renowned golf architect, Gene Hamm. This premiere golfing destination offers two traditional layouts, Foxfire East Course and Foxfire West Course, each with its own unique character. Set among towering pines and over the rolling terrain of the Sandhills, each course provides a challenge for golfers of all skill levels. The classic golf design on both courses features Bermuda tees and fairways, as well as bentgrass greens.
Country Club of Whispering Pines, designed by the world-famous Ellis Maples, offers two championship golf courses that are rated among the best in the Carolinas. The 18-hole “East (Pines)” course, opened in 1961, features 7,138 yards of golf and is par 72. The 18-hole “West (River)” course, opened in 1974, features 6,363 yards of golf and is par 71. The impressive clubhouse features a fully-stocked Golf Shop, full locker room facilities for men and women, a restaurant, a bar, and a large banquet area. A driving range, a practice pitching green complete with sand bunkers, and two putting greens are available as well.
About Heritage Golf Group
Heritage Golf Group (www.heritagegolfgroup.com) began in 1999 with funding provided by the private equity firm, GTCR Golder Rauner, LLC. Since then, the company has grown an impressive portfolio of private and resort golf clubs around the country. The Heritage portfolio represents some of the most well-known and acclaimed properties spanning Georgia, Florida, Michigan, North Carolina, South Carolina and Texas. The company, led by Bob Husband, President and CEO, distinguishes itself through its dedication to unrivaled golf and uncompromising service.
Contact:
Andy Crosson (858) 617-6105
