Leisure Investment Properties Group

Golf course properties are hot targets for investors — and prices are soaring After a turbulent period, country clubs and golf courses are attracting a wave of investors that previously targeted other industries. It's leading to a wave of sales, but what's driving the trend? After nearly a decade near industry lows, the resurgence of golf and its continuing popularity has once again pushed country clubs to the top of the list for people and companies itching to invest in different types of real estate. “I would tell you today that we have 66% more buyers in the market for golf assets than we had four years ago,” said?Steven Ekovich, executive?managing director and partner?at Leisure Investment Properties Group, which helps buy and sell country clubs and other hospitality-related properties. “What has spurred that is the health of the golf industry.” Not every club has been able to make it through the demographic and financial gambit of the last decade. Thousands of clubs have closed since the Great Recession, with some former golf courses?turned into developments or simply lying unused, the subject of intense community debate. ? But the industry has largely turned a corner... To read the complete article, visit our website: https://lnkd.in/eFmpMRix #Golf #GolfCourse #GolfClub #GolfIndustry #CRE #CountryClubs #Broker #Advisors #RealEstate #Investing #Investors #LIPG #Leisure #Investment #Properties #Group

I recently presented this slide at the Golf Inc. conference. Since 2019 investors have deployed nearly $400M in capital through the Leisure Investment Properties Group (LIPG). Of that, 41% came from a combination of first-time purchasers and core CRE investors. Capital continues to make its way into the golf airspace with good reason.

?? Is Investing in RV Parks a Good Idea? ?? ? The RV park industry has emerged as one of the most stable and promising investment opportunities in recent years, particularly due to shifts in travel behavior and market demand. Once viewed as a niche market, RV parks have gained substantial traction, especially as investors seek capital preservation, reliable cash flow, and long-term growth. The post-pandemic surge in domestic travel, combined with increased demand for affordable leisure destinations, has made RV parks a highly competitive and profitable real estate class. However, as we discuss the potential of RV park investments, it’s crucial to recognize the current challenges, particularly in Florida and the Southeastern U.S., which are still grappling with the aftermath of Hurricanes Helene and Milton. Let’s explore how these dynamics play into the broader investment picture and how Leisure Investment Properties Group (LIPG) can assist those considering their future in this market. To read Jose A. Villao complete article visit our website: https://lnkd.in/dQPzVErT #RVParksForSale #RVBrokers #MHP #MHC #Broker #Advisor #Resort #MobileHomePark #Leisure #Investment #Properties #Group #LIPG

Thanks to all who attended our session at Golf Inc. Hope you joyed it as much as we enjoyed presenting.

Reminder! Leisure Investment Properties Group is the official sponsor for the cocktail reception at Golf Inc. Strategies Summit 2024. Also make sure to check out these presentations: Golf Course Financing presentation on Oct 2nd at 11:30 AM - 12:30 PM with Richard Zbranek from Cushman & Wakefield, and LIPG's own Chris Karamitsos, PGA and Gregory Lewis. How to Grow Your Business: An interview with Erik Weir on Oct 2nd at 4:45 - 5:45 PM. Steven Ekovich will in interview Erik Weir, who is a financial powerhouse and owns five Top Golf Locations and hold exclusive rights to finance all Top Golf Operations in Europe and South America. Erik is a sought -after speaker, author, and advisor, sharing insights on how to grow your financial success and protect it. For the complete agenda of the event click here: https://lnkd.in/esjRmQPi Golf Inc. #StrategiesSummit #Strategies #Summit #GolfInc #Golf #Networking #Event #Advisors #Brokers #Consultants #CapitalMarkets #Financing #CRE #Leisure #Investment #Properties #Group #LIPG

Recently Listed! ? Dowry Creek Marina ?? in Belhaven, NC Leisure Investment Properties Group, LLC is pleased to exclusively offer for purchase Dowry Creek Marina (also referred?to as “The Marina”) in Belhaven, NC. The Marina is a family owned and operated marina that is a popular stop for yachts traveling the East Coast ICW at Mile Marker 132. This is the busiest transient boat marina in the Carolinas and was designated the third best small marina in 2023 by Marina Life Magazine. This a secluded and very comfortable marina atmosphere away from the hustle of city marinas, yet close to services and shopping. The docks are owned by the Boataminium Owner’s Association who pays for the maintenance of the docks. The marina management owns 40 slips or 55%, which give the marina management majority of votes in the Association. In 2023 this marina was voted the third best small marina in America by Marina Life Magazine. Jeff Spilman, CCIM is the lead marina advisor for this listing. To learn more about this listing visit our website: https://lnkd.in/eaxZhRGN #Marina #Advisor #Broker #CRE #Belhaven #NC #NorthCarolina Marinalife, Inc. #MarinaLifeMagazine #Slips #Docks #Leisure #Investment #Properties #Group #LIPG

?? Commercial Capital Costs Continue to Drop Capital Markets update from Gregory Lewis on 50 basis points reduction. Borrowing costs for commercial real estate has come down materially in Q3 and the future looks good. Let’s hope the capital markets continue to stay ahead of any further deterioration of jobs or fundamentals. The Federal Reserve has cut interest rates by?50 basis points?in their first rate cut in over four years! In addition to this reduction, the committee released its “dot plot” indicating an?additional 50 basis points cut is expected by the end of the year. All good news for CRE owners. The Fed stated that have “greater confidence” that inflation will return to a normal level and have shifted their focus to the slowing job market. The Committee mentioned the “economic outlook is uncertain, and [they are] attentive to the risks to both sides of [their] dual mandate.” To read the complete update visit our News & Updates: https://lnkd.in/eYxpcTgm #CapitalMarkets #Rates #Drop #FederalReserve #InterestRates #Capital #Markets #Interest #CRE #FED #Update #Leisure #Investment #Properties #Group #LIPG

? Golf Inc. Strategies Summit 2024 is two weeks away! Oct 1st — Oct 3rd, 2024 We are excited to announce that Gregory Lewis, Senior Managing Director of Capital Markets of Leisure Investment Properties Group will be one of the speakers. ?? Golf Course Financing in Today's Market: Where you can get money ?? Wednesday, Oct 2nd ?? 10:15 - 11:15 AM Join us to network?and learn with the golf industry’s top professionals and smartest minds. This?three-day event will host 80+ presenters, 25+ education sessions, and 8+ networking events! Don’t miss this opportunity to?reconnect with old friends and meet new like-minded golf industry professionals. ? Golf Inc. ?? Oct 1st — Oct 3rd, 2024 If you have not yet registered, please use the link below: https://lnkd.in/gPerxXs9 #GolfSummit2024 #GolfIndustry #GolfNetworking #GolfInc #ProfessionalDevelopment #GolfManagement #StrategiesSummit #network #golf #Brokers #Advisors #Capital #CapitalMarkets #Financing #Speakers #LIPG #Leisure #Investment #Properties #Group

Just Sold! Plantation Palms Golf Club in Land O' Lakes, FL Steven Ekovich, Executive Managing Director & Partner of Leisure Investment Properties Group is pleased to announce the sale of Plantation Palms Golf Club in Land O’ Lakes, Florida. Chris Karamitsos, PGA and Terence Vanek were the lead advisors for the transaction.? ? Plantation Palms was designed by well-known architect Dave Harman, boasting exceptional TifEagle greens, naturally rolling terrain with abundant wildlife and intricate layout set amongst immaculate homes in the beautiful Plantation Palms community. Recognized in the annual Tampa Bay Times 5-county “Best of Tampa Bay” Reader poll, Plantation Palms has been selected “Best Golf Course” for the last five years in a row.? ? The club features an 18-hole championship golf course, lighted driving range, 18-hole mini golf course, fully stocked pro shop, a beautiful event venue and the family-friendly Mulligan’s Irish Pub. To view our current listings, please visit our website: https://lnkd.in/exd2uRkD #Golf #Course #Club #Best #Tampa #TampaBay #LandOLakes #Florida #Advisors #Broker #CRE #Leisure #Investment #Properties #Group #LIPG

Just Sold! ? Salem Glen Country Club ??♂? Steven Ekovich, Executive Managing Director & Partner of Leisure Investment Properties Group is pleased to announce the sale of Salem Glen Country Club in Clemmons, North Carolina. Steven Ekovich and Trevor Ekovich were the lead advisors for the transaction.? ? Salem Glen Country Club in the Winston–Salem MSA of North Carolina. As the Triad area’s one and only Nicklaus Design course, Salem Glen continues the legendary Nicklaus tradition of accentuating and amplifying the beauty of the natural terrain. The layout takes full advantage of the 150 feet of elevation changes, four and a half miles of creeks and nine lakes. The Club features a 23,000 sq. ft. clubhouse with multiple dining options for members and guests, breathtaking views of the course, and the Triad’s premier banquet, event and wedding venue hosting up to 200 guests. #Golf #GolfCourse #Advisors #Broker #CountryClub #GolfClub #SalemGlen #NC #Leisure #Investment #Properties #Group #LIPG