Century’s Financial Partners
In 2005, Century Golf Partners created a new investment vehicle with its financial partners Walton Street Capital and Lehman Brothers. The team completed two separate transactions during 2005, acquiring a total of 33 golf courses. Walton Street Capital, Lehman Brothers and the Century principals contributed all the equity required to acquire the courses. GE Commercial Finance’s Real Estate unit provided debt financing for the portfolio.
Century Golf Partners continues to actively seek growth opportunities. Our current portfolio is equally split between private country clubs and daily fee golf courses, and we would like to expand our holdings in each sector. While our preference is to continue acquiring courses, Century Golf Partners will manage courses for 3rd party owners under special circumstances.
Walton Street Capital, L.L.C. sponsors a series of performance based, private equity real estate funds. The Funds have received total equity commitments of $3.0 billion from public and corporate pension funds, foreign institutions, insurance companies and banks, endowments and foundations, trusts and high net worth individuals.
Real Estate, a unit of GE Commercial Finance, is one of the world's leading resources for commercial real estate capital. Headquartered in Stamford, Connecticut, Real Estate boasts assets of nearly $28 billion and has more than 30 offices throughout North America, Europe and Asia/Pacific. For over 35 years, the Real Estate unit has been a leading provider of real estate capital and services.
Arnold Palmer Golf Management operates golf courses in the true spirit of Mr. Palmer – with pride, consideration and honor. Our team of 3,700 associates works to create great golf experiences for every golfer, every day.
Course Condition -- Service Standard -- Pace of Play -- Player Development. Each plays a part in creating a great golf experience, and Arnold Palmer Golf Management believes each is vital to our customers’ enjoyment of the game. We operate 50 golf courses across the U.S., and each has a unique look and feel. However, all 43 golf courses are consistent in that they strive for perfection in course condition, service standard, pace of play and player development.
