Monday, July 28, 2014

Escalante Golf Announces Acquisition of Carolina Trace Country Club

Boutique Owner-Operator Plans Significant Investment in the Club

(Fort Worth, Texas) – Escalante Golf, boutique owner and operator of high-end golf clubs, has acquired the highly-acclaimed Carolina Trace Country Club in Sanford, N.C.

“We are very excited to acquire Carolina Trace and honored to be associated with such a storied club,” says David McDonald, President of Escalante Golf. “It is a beautiful property in one of the most sought-after locations between Raleigh and Pinehurst.  The two courses have hosted several well-known events and have terrific reputations throughout the Mid-Atlantic.  The community itself is a gorgeous setting highlighted by the pristine Lake Trace.”

Escalante acquired the club from the members, who selected the owner/operator from other potential suitors. The company will begin aggressive capital reinvestment including a complete renovation of the Lake Course, a new fitness and workout facility, clubhouse renovation and new landscaping.

Carolina Trace Country Club, opened in 1972, is the centerpiece of the 1,600-home Carolina Trace Community.  The club features two layouts designed by acclaimed golf course architect, Robert Trent Jones, Sr., the Lake Course and the Creek Course.  Other amenities include a swimming pool, fitness center, tennis courts, and spacious clubhouse with a fully-stocked pro shop and various dining options.

“We are planning significant improvements for the club that will add to its stature,” adds McDonald. “Work will begin next spring on a major facelift for the Lake Course.  This will include laser leveling and rebuilding all tee boxes, adding length to several holes, reconstructing all bunkers and replacing all cart paths.  The end result will be a fantastic golf experience for our members and their guests.  We will also make other improvements to the club including a new state-of-the-art fitness facility.  We hope to create tremendous excitement within the community and the surrounding area.”

Hilda Allen of Hilda Allen Real Estate represented Carolina Trace in the transaction.

For more information:, 817/386-9721.

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