The Legacy Golf Resort is a renowned golf resort located in Phoenix, Arizona. The resort is known for its world-class golf courses, luxurious accommodations and top-notch amenities.
But the question that many people ask is – who owns the Legacy Golf Resort? In this article, we will dive into the history of the resort and its ownership structure.
The History of Legacy Golf Resort
The Legacy Golf Resort was originally built in 1999 by Arnold Palmer Golf Management. The resort quickly gained popularity among golf enthusiasts and became a go-to destination for those looking to play some of the best golf courses in Arizona. However, in 2002, the resort was sold to a company called JDM Partners.
JDM Partners
JDM Partners is a real estate investment firm based in Phoenix, Arizona. The company was founded by Jerry Colangelo, David Eaton and Mel Shultz in 1995. JDM Partners has been involved in many high-profile real estate projects over the years, including the development of downtown Phoenix’s CityScape project.
The Ownership Structure of Legacy Golf Resort
JDM Partners currently owns the Legacy Golf Resort through one of its subsidiaries called Legacy Raintree Holdings LLC. The subsidiary was formed specifically for the acquisition of the resort.
It’s important to note that JDM Partners doesn’t just own the golf course itself – it also owns all of the amenities and services that are offered at the resort. This includes things like restaurants, bars, swimming pools and fitness centers.
The Future of Legacy Golf Resort
JDM Partners has big plans for the future of Legacy Golf Resort. The company recently announced that it will be investing $8 million into upgrading and renovating many aspects of the resort. This includes improvements to guest rooms, common areas and golf courses.
In conclusion, JDM Partners currently owns the Legacy Golf Resort through one of its subsidiaries, Legacy Raintree Holdings LLC. The company has a long history of successful real estate investments and has big plans for the future of the resort. Whether you’re a golf enthusiast or simply looking for a luxurious getaway, the Legacy Golf Resort is definitely worth checking out.
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