The private Brookridge Country Club in Overland Park, Kansas, may have found a prospective buyer for the club, which could resolve an ongoing dispute with one of the club’s former development partners.
Brookridge board president Matt Sargent told the Kansas City Star that the club has a tentative agreement with GreatLife Golf & Fitness to purchase the club and maintain it as a private club. It also will include one of GreatLife’s fitness center facilities.
The 27-hole private club had been considering a merger with nearby Meadowbrook Country Club until Alsation Land Co., holder of notes on the Brookridge property, announced that it planned to foreclose on the notes. The merger fell through, and Brookridge members responded by claiming that Alsation had improperly securing the property’s loans from original lender Bank Midwest.
Members hope that a sale to GreatLife will resolve the Alsation claim. GreatLife currently operates seven golf clubs and fitness centers, including two in the greater Kansas City area. Brookridge would apparently be able to remain a private club if the GreatLife sale goes through.