PGA National Resort & Spa Sold to Henderson Park

News Summary

PGA National Resort & Spa has been sold to London-based Henderson Park for an estimated $425 million. With a $100 million renovation complete, new ownership aims to enhance guest experiences. Home to six golf courses and a luxury spa, the resort is set to host the Cognizant Classic, catering to both golf enthusiasts and luxury travelers. The partnership with Salamander Hotels and South Street Partners aims to amplify the resort’s reputation as a premier destination.

PGA National Resort & Spa Changes Hands in Exciting New Deal

Exciting news is swirling around the stunning PGA National Resort & Spa as it has officially been sold to Henderson Park, a London-based private equity firm. While the exact sale price has yet to be confirmed, rumors hint that it hovers around an impressive $425 million. This high-profile transaction comes on the heels of significant renovations—enough to make anyone sit up and take notice!

A Rich History Meets Fresh Potential

The executives at Henderson Park are buzzing with enthusiasm, and why wouldn’t they be? The PGA National Resort & Spa boasts an incredible legacy and an enormous potential for growth following a comprehensive $100 million renovation. This transformation opens the doors for a plethora of enhancements designed to elevate guest experiences to new heights. With 807 acres of lush landscape, this spectacular property is packed with amenities that attract both golf aficionados and relaxation seekers alike.

A Golfer’s Dream Destination

This luxurious resort is everything you could dream of and then some! Home to six exquisite golf courses, a sprawling 40,000-square-foot spa designed by the renowned firm V Starr, and an array of fabulous dining options, including The Butcher’s Club helmed by Top Chef winner Jeremy Ford, it is a true paradise for golf lovers and foodies alike.

Come February, PGA National is set to showcase its prowess by hosting the exciting Cognizant Classic, part of the esteemed PGA Tour. This annual event promises thrilling moments that golf fans won’t want to miss!

Partnership for Excellence

The new owners are not going at it alone! Joining forces with luxury boutique brand Salamander Hotels and regional operator South Street Partners, Henderson Park aims to amplify the high-class experience that PGA National is known for. Salamander’s founder has characterized PGA National as one of the most iconic golf resorts in the country, making it clear that there are big plans on the horizon for this fabulous destination.

An Exclusive Neighborhood Experience

As if the resort itself wasn’t enough, the surrounding community adds another feather to its cap. Nestled within PGA National are approximately 5,000 homes, many of which boast values exceeding $4 million. This mix of luxury living and recreational opportunities makes it a highly sought-after location. Real estate experts note that the campus’s amenities are a significant draw for corporations and institutions seeking extraordinary event spaces.

A Glimpse into Previous Ownership

It’s worth mentioning that before this exciting new chapter, the resort was owned by Toronto-based Brookfield Asset Management, which purchased it for $218 million back in 2018. After investing heavily in renovations, Brookfield set the stage for its current sale, further solidifying the property’s reputation for high quality. During this transition, Brookfield was guided by the advisory firm Eastdil Secured, ensuring that everything was in top-notch shape.

Unexpected Visitor on the Course

The air-long anticipation for the upcoming Cognizant Classic has already led to some entertaining stories! Recently, golfer Billy Horschel found himself face-to-face with an alligator on the course, much to the amusement of fans on social media. Horschel’s encounter has shown that PGA National might have some surprises in store for its visitors—both on and off the greens!

Overall, the future is looking bright for PGA National Resort & Spa under its new ownership. With invigorating renovations and a commitment to enhancing guest experiences, this iconic resort is all set to be the go-to destination for luxury, leisure, and unforgettable moments. Keep an eye on this space, as thrilling developments are bound to continue rolling in!

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