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Golf Services Resources
Recent Projects
- The Yellowstone Club: HVS Golf Services served as an expert witness in the bankruptcy proceedings for the world's only private ski resort and development. HVS was hired by the debtor in possession to provide a market valuation of the club and the remaining unsold land inventory as well as the allocated value of the club house. More...
- Faegre and Benson: HVS Golf Services was hired as an expert witness in the condemnation proceedings of the Canyons Development in Parker, Colorado. More...
- Costa Caribe Ponce Hilton Resort: HVS Golf Services was hired by ownership group to perform a strategic plan to reposition and restructure the golf resort development. More...
- Emerald Dunes: HVS Golf Services was hired to perform an appraisal of the Emerald Dunes golf course in West Palm Beach, Florida. More...
Golf Services - Success Stories
The Ravenna Club - Market Analysis and Financial Planning Study
- Study Type: Market Analysis and Financial Planning Study
- Location: Southwest Denver
- Client: MLC Development
Ravenna is an exclusive gated upscale golf course community located along the foothills of the Rocky Mountains in Southwest Denver. The site is spectacular, with huge red rock outcroppings, amazing views, and deep ravines.
The assignment for HVS Golf was to perform a market feasibility study, directed at potential founding and charter members, while at the same time assist in the financial planning of the development and assist in defining the membership structure of the club.
As part of the study, HVS Golf developed a membership cost factor analysis that synthesizes all financial aspects of club membership. These factors include refundability, transferability, equity and other considerations. This cost factor analysis allows a ranking of the clubs that equalizes all holding costs for the membership, and perceived value.
The Ravenna club was positioned based upon these rankings and the goals of the developer to become one of the premiere clubs in Denver. The concept developed for the club focused on Ravenna as an urban resort - an urban development encompassing all the benefits of the resort communities located throughout Colorado. The founding and charter membership structures were developed in coordination with the residential development.
