A company affiliated with Sculptor Capital Management has acquired Western Skies Golf Club for $12,100,000 on March 14, from an entity linked to C-Bons International Golf Group Management, as indicated by the commercial real estate portal vizzda.com. Additionally, the new owner has secured a loan amounting to $47,000,000 following the acquisition.
This sale of the Gilbert golf course was completed without any associated debt. Sculptor Capital, a hedge fund organization headquartered in New York City, is recognized as a major player in the American financial landscape.
Western Skies Golf Club, located at 1245 E. Warner Road in Gilbert, stands out as a championship golf course with 18 holes over a 6,700-yard stretch. Developed in 1993, the golf course occupies 138.11 acres and is designated as a public facility/institutional space by the town of Gilbert.
The golf course’s amenities include a pro shop spanning 7,110 square feet and a storage area covering 7,658 square feet. Notably, the golf course has a history of ownership changes, having been sold for $3,380,000 back in 2012.