A bankrupt golf course in Reno, Nevada has found a new owner. Tom Duncan has reportedly paid $5.5 million for LakeRidge Golf Club, a 45-year-old facility that features a Robert Trent Jones-designed golf course. “We couldn’t be more thrilled,” Duncan told the Reno Gazette-Journal. “It’s a premier golf course anywhere.”
LakeRidge had been owned by Hash Lane Holdings LLC, a group controlled by the late Nate Topol. Hash Lane went belly up in June 2013.
Duncan closed on LakeRidge in late 2013. He also owns Wolf Run Golf Club in Reno and Dayton Valley Golf Club in nearby Dayton, and he manages two other courses in the area.