

Project Overview
SVN | Northco was engaged as the seller's representative for the sale of a portfolio of three golf courses located throughout the greater Phoenix Metro area of Arizona. The portfolio consisted of three championship-caliber public golf courses, each recognized among the state's premier golf destinations and uniquely showcasing the character and appeal of Arizona golf.
In addition to the 18-hole courses themselves, the properties featured a wide range of established amenities including full-service restaurants, bars and lounges, practice facilities with driving ranges, pro shops, and event spaces. The portfolio included Longbow Golf Club in Mesa, Dove Valley Ranch Golf Club in Cave Creek, and Power Ranch Golf Club in Gilbert.
SVN | Northco successfully marketed the portfolio and facilitated the transaction of these three highly regarded golf assets within one of the nation's most active golf and hospitality markets.
"I knew that Frank and his team at SVN | Northco were the brokerage to go with."
“When it came time to move on from our Arizona portfolio and reinvest in Minnesota, I knew that Frank and his team at SVN | Northco were the brokerage to go with. We've stayed in contact over the years from their brokerage perspective and also on industry trends and best practices as fellow investors and managers. They had the broad scope of experience that I felt was best to manage a deal of this size. I also recently had direct experience working with Northco as the seller's representative for our purchase of The Wilds Golf Club, one of the top courses in the Twin Cities Metro. They worked very closely with all parties involved at every step of the process, making a complex sale, a very positive experience for both buyer and seller.
We then took the next step in our reinvestment plan by listing the three AZ courses. We did so confidentially, which can often be a much more difficult way of listing, but we knew that with Northco's connections to a vast range of industry veterans and also many new investors getting into the market, they would find the right group for us. They brought us multiple attractive offers and we ended up choosing a very strong group that is growing in the industry. Northco led the negotiations, worked side by side with the attorneys on the purchase agreement, managed a very complex due diligence process and helped bring us to close with numerous hoops to jump through all the way through the end. We also negotiated a management agreement for our sister company, Thompson Golf Management, to continue on at the three courses.
We are very pleased with the buyers we chose and are grateful for the team at Northco for another great experience working with them. Although they have international reach, with the Twin Cities Metro being home to Northco, we are excited to work with them as we expand in their backyard. I know I speak for the Thompson Golf Group team in strongly recommending working with SVN | Northco from both the buying and selling side.”
"The SVN | Northco team was extremely professional to work with from the initial inquiry, all the way through closing."
“We've looked at various golf courses with SVN | Northco over the years and have always been very impressed by their marketing and knowledge of the properties and businesses that they represent. When we looked at the Thompson Golf Group's Arizona portfolio, we knew this would be a great fit in a market we were eager to expand into.
As the seller's representative, the SVN | Northco team was extremely professional to work with from the initial inquiry, all the way through closing. They were timely, detailed and very organized throughout the due diligence process, getting us access to all of the information that we needed for a successful closing. They are much more than just your average brokerage firm, possessing in-depth industry knowledge from their background in legal, consulting, finance, management and investment. We look forward to working with them on future projects and recommend their services for both the buying and selling sides.”
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Project Summary
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