Today, the business of golf is very competitive. Oversupply and stagnant player participation have created an environment of diminishing revenues for many operators.
Well before the current economic cycle, private clubs were struggling due to increased competition and diminishing membership.
Fairway Advisors works with institutional investors seeking to enter the golf industry space or to enact an exit.
Fairway Advisors offers specialized services to lenders of non-performing golf assets. We provide objective advice that leads to minimizing your risk while maximizing the asset’s value.
Today one of the most common means of quickly disposing of assets is under section 363 of Chapter 11 bankruptcy code. A Chapter 11 debtor has the fiduciary duty to achieve the highest and best price for its assets.