Concert Golf expected to close on Crestview CC in Wichita, Kan.

Peter Nanula’s investment group is poised to acquire its 13th golf property. Concert Golf Partners has agreed to buy Crestview Country Club, a financially troubled venue in Wichita, Kansas that features a pair of 18-hole, Robert Trent Jones-designed golf courses.

The club, which admits to being “faced with a number of unpleasant decisions” that need to be made, believes the sale will liberate its leadership from “a very difficult business.” A price hasn’t been announced, but if the transaction is completed Concert Golf will eliminate Crestview’s debt, initiate a series of capital improvements, and, according to the club’s board of directors, “run the club the way a country club should be run in today’s market.”

Concert Golf currently owns a dozen golf properties in eight states, and it’s said to have its eyes on a club in Rockville, Maryland. Crestview was founded in 1921 and claims to be the state’s only 36-hole facility.

Add new comment

By submitting this form, you accept the Mollom privacy policy.
If you enjoyed this article and would like to sign up for a FREE digital subscription, click here!