Yesterday Palmira Golf and Country Club reported according to a press release posted on PRNewswire that documents were signed and converted the Golf Club to fully member owned. The long awaited deal is done.
In September of 2008 Parklands Development LP, Inc., was unable to negotiate the required bank fuunding to allow it to operate the Golf Club and Renaissance Center.
Sometime after that, the Renaissance Center - two swimming pools, restaurant, exercsie center, and other amenities, were taken over by the Master Property Owners Assiciation. Now, the Golf Club is fully member owned.
Palmira is a highly desireble developement and now that the fate of the Golf Club and all the amenities are fully know, I expect the pent up demand for property in Palmira to kick into action.
Learn more about Palmira Golf & Country Club Properties.
