Silverstein to sell Carolina Trail

The end is near for Jeff Silverstein’s Carolina Trail.

Silverstein, the principal of IRI Golf, has agreed to place the trail’s five remaining properties into foreclosure, with a bankruptcy filing and a sale to follow. “They should be sold pretty quickly,” he told the Charlotte Observer. “Within 60 or so days.”

The group consists of four company-owned venues in metropolitan Charlotte, North Carolina – among them Birkdale Golf Club in Huntersville, The Divide Golf Club in Matthews and Waterford Golf Club in Rock Hill, South Carolina – and Tradition Golf Club in Charlotte, which is leased. The other Carolina Trail courses, Skybrook Golf Club in Huntersville and Charlotte Golf Links in Charlotte, were placed into receivership last summer.

Last month, Traditional Golf Properties took over management of the trail’s final five.

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