Pacific Links International, the Chinese-Canadian company that’s rapidly building its U.S. golf portfolio, appears poised to acquire its third golf property in greater Las Vegas, Nevada.
The Las Vegas Review-Journal reports that PLI is negotiating to buy DragonRidge Country Club in Henderson, a 12-year old property that features an 18-hole course co-designed by Jay Morrish and David Druzisky.
“There’s no full-blown contract yet, but we’re getting close,” DragonRidge’s owner told the newspaper.
PLI, a group led by Du Sha, purchased SouthShore Golf Club and Southern Highlands Golf Club in 2011. It aims to collect at least five properties in the Vegas area, so it can offer a week-long package of golf play to the people in its fast-growing membership club.
“We want to buy clusters of golf courses in strategic markets,” Harry Turner, a PLI vice president, explained.
PLI also owns five courses in Hawaii and one each in California and West Virginia, and Turner acknowledged that it’s on the prowl for properties in the suburbs of New York City.