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Wednesday, December 7, 2011

The Donald doesn’t get The Point

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        Faster than you can say “You’re fired,” the Trump organization has given up on its bid to buy The Point Golf Club in Mooresville, NC, according to an online story in the local Mecklenburg Times authored by Sam Boykin.  We reported here yesterday on the controversy brewing inside the gates of The Point; dissident members of the club worried that a Trump purchase would lead to increased dues, a fear apparently confirmed by comments from Donald Trump’s son, Eric, who was negotiating the deal with the golf club’s advisory board.

        “We see hundreds of golf clubs every month,” the younger Trump told Boykin, “and we would have put tens and tens of millions into The Point.”

        Now members are left to figure out what to do with a golf club that Crescent Resources, the developer, is set to turn over to them next month.  It remains to be seen if members who favored the deal and those who did not can work together to come up with the $3 million required to pay Crescent, or to find a more acceptable new owner.  Stay tuned.

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Larry Gavrich

This blog was conceived and is published by me, Larry Gavrich, a former corporate communications executive who founded HomeOnTheCourse, LLC, in 2005.  Our firm advises baby boomers and others seeking a lifestyle in which golf is a major component.  My wife Connie and I own a home in Connecticut (not on a golf course) and a condo at Pawleys Plantation in Pawleys Island, SC, on a Jack Nicklaus layout.  We began our search for our home on the course more than 15 years ago, and the challenges of the search inspired me to research golf communities and write objective reviews of them.

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