Stewart Title® Commercial Services Closes $265M ClubCorp Acquisition Deal
HOUSTON (Nov. 10, 2014) – Stewart Title Commercial Services announced today its Dallas-Fort Worth office serviced a $265 million deal for client ClubCorp - The World Leader in Private Clubs®, (NYSE: MYCC) – in connection with its acquisition of Sequoia Golf, an Atlanta-based golf course ownership and management company.
“The acquisition of Sequoia Golf is a natural step in ClubCorp’s progression as the leader in private golf clubs,” said Melissa Eastman, senior vice president, commercial services manager at Stewart Title. “I am thrilled that the Stewart Dallas-Fort Worth office was able to provide title insurance and closing services, which expands ClubCorp’s geographic reach in three key markets: Atlanta, Houston and Denver.”
Eastman has worked with ClubCorp over the years and her extensive experience in the real estate industry and successful international, domestic, multi-state, multi-site, portfolio and single-asset transactions has earned her the distinction of leading one of Stewart’s most profitable offices.
Stewart Title Commercial Services has offices across the country with a broad expertise on complex commercial transactions. Spotlights, Stewart’s in house publication, features an assortment of noteworthy transactions underwritten by the company. A digital version of the publication can be found at http://www.stewart.com/spotlights.
The Dallas-Fort Worth office can be contacted at 214-220-2060 or at 1717 Main St., Ste. 3500, Dallas, TX 75201.
About ClubCorp Holdings
Since its founding in 1957, Dallas-based ClubCorp has operated with the central purpose of Building Relationships and Enriching Lives®. ClubCorp is a leading owner-operator of private golf and country clubs and private business clubs in North America. With its recent acquisition of Sequoia Golf, ClubCorp now owns or operates a portfolio of over 200 golf and country clubs, business clubs, sports clubs, and alumni clubs in 26 states, the District of Columbia and two foreign countries that serve over 430,000 members, with approximately 20,000 peak-season employees. ClubCorp Holdings, Inc. is a publicly traded company on the New York Stock Exchange (NYSE: MYCC). ClubCorp properties include: Firestone Country Club (Akron, Ohio); Mission Hills Country Club (Rancho Mirage, California); The Woodlands Country Club (The Woodlands, Texas); Capital Club Beijing; and Metropolitan Club Chicago. You can find ClubCorp on Facebook at facebook.com/clubcorp and on Twitter at @ClubCorp.
Stewart Title Company and Stewart Title Guaranty Company are wholly owned subsidiaries of Stewart Information Services Corp. (NYSE:STC), a customer-focused, global title insurance and real estate services company offering products and services through our direct operations, network of approved agencies and other companies within the Stewart family. Stewart provides these services to homebuyers and sellers; residential and commercial real estate professionals; mortgage lenders and servicers; title agencies and real estate attorneys; home builders; and United States and county governments. Stewart also provides loan origination and servicing support; loan review services; loss mitigation; REO asset management; due diligence for capital markets; collateral valuations; home and personal insurance services; tax-deferred exchanges; and technology to streamline the real estate process. Stewart offers personalized service, industry expertise and customized solutions for virtually any type of real estate transaction, and is the preferred real estate services provider. More information can be found at http://www.stewart.com/news, subscribe to the Stewart blog at http://blog.stewart.com or follow Stewart on Twitter @stewarttitleco.