A North Texas-based luxury golf and sports club has new ownership.
Century Golf Partners, a Dallas-based investment management firm that leases and acquires private clubs, golf courses, and resorts, announced that it had purchased the Four Seasons Golf & Sports Club in Las Colinas.
The newly acquired golf and sports club, which will be rebranded as a Ritz-Carlton, features two state-of-the-art golf courses: the TPC of Las Colinas and the Cottonwood Valley Golf Course. The TPC of Las Colinas is widely known for being the home of the annual AT&T Byron Nelson golf tournament.
Jim Hinckley, founding partner and CEO of Century Golf Partners, suggests the club’s notoriety, impressive facilities, and location in DFW make it a promising investment and a potential bright spot in Dallas’ future.
“The club’s legendary history as the host site of the Byron Nelson, award-winning golf courses, state-of-the-art sports facilities, and thriving location makes this one of the premier clubs in Dallas and we are grateful for the members’ support to acquire the Club,” said Hinckley.
Century Golf Partners purchased the Four Seasons Golf & Sports Club in partnership with HKI America Inc., an international firm focused on acquiring golf clubs in the United States. HKI America owns 16 golf courses along the west coast of the United States, with golf and sports clubs in Southern California, Oregon, and Washington.
Century Golf Partners has also grown immensely since its opening nearly two decades ago. Today, the company owns or operates about 50 courses across the U.S.
Besides the former Four Seasons Resort, Century Golf Partners’ purchase also includes the adjacent 176,000-square-foot sports clubhouse, fitness center and studio, indoor tennis court and pool, jogging track, basketball and racquetball courts, locker rooms, and various dining facilities, the company said.
The terms of the deal were not disclosed.
