Heritage Golf Group Acquires Lakewood Ranch Golf and Country Club in Sarasota

Business

 Heritage Golf Group, the fastest-growing owner and operator of golf and country clubs in the US, has acquired Lakewood Ranch Golf and Country Club from Schroeder-Manatee Ranch, Inc. (SMR). Terms are not disclosed. The award-winning club is set in the center of Lakewood Ranch, the nation’s fastest selling residential community, located in the Sarasota area. The 33,000+-acre master-planned community, developed by SMR, is just minutes from the Gulf Coast beaches and cultural attractions in Sarasota. Lakewood Ranch is already home to more than 66,000 residents and plans for expanded residential development are underway. The community features top-rated schools, the Lakewood Ranch Medical Center, the Sarasota Polo Club, and a 75-acre Premier Sports Campus. The club features three championship golf courses, two designed by renowned Hall of Fame golfer Arnold Palmer – Cypress Links and King’s Dunes. The third championship course, Royal Lakes, is the newest course designed by Rick Robbins. The club offers several outstanding practice facilities, including a Members Golf Academy. The club boasts two uniquely different clubhouses. Members also enjoy an 18,000 square foot state-of-the-art, 24-hour athletic facility and aquatics center with two heated pools, as well as 20 pickleball courts and a tennis complex with 20 Har-Tru courts and a stadium court. The Heritage team, with extensive proficiency in golf club operations, continues to elevate the member experience through transforming and improving amenities, operations, and programming at recently acquired clubs. The transaction was successfully brokered by Leisure Investment Properties Group, and Steven Ekovich represented the seller and buyer in the transaction.   

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