3 Key Points
- Concert Golf Partners secures ownership of The Club at Pasadera for close to $10 million.
- The Jack Nicklaus-designed course is heralded as a California golf gem by CBS’s Jim Nantz.
- The acquisition represents Concert Golf’s first foray into the California market.
Historic Golf Course Changes Hands
A notable transaction in the golf community has taken place on the famed Monterey Peninsula, as The Club at Pasadera becomes part of Concert Golf Partners’ impressive portfolio of golf properties.
The Course’s Distinctive Features
Renowned for its design by golf legend Jack Nicklaus, The Club at Pasadera boasts a challenging yet picturesque 6,673-yard, par-71 course. It has been rated with a 73.7 course rating and a slope of 143, signaling its appeal to golfers seeking both beauty and a test of skill.
Jim Nantz, the renowned CBS Sports broadcaster and local homeowner, did not hold back his admiration for the club. “The Club at Pasadera is one of the underrated gems of California golf,” announced Nantz. “The club and course are absolutely spectacular.”
Concert Golf’s Expansion
With the addition of The Club at Pasadera, Florida-based Concert Golf Partners continues their expansion, the club becoming their thirty-third property and their first in California. The company exhibits a proven track record of enhancing prestigious golf clubs across the United States.
A Rich Tradition Continued
Jordan Peace, Senior Vice President of Concert Golf Partners, expressed excitement regarding the acquisition. “Our commitment to safeguarding the rich heritage of this club aligns seamlessly with our overarching mission,” said Peace, ensuring that the company honors the club’s esteemed past.
From Inception to New Beginnings
Opening its doors in 2000 and facing financial adversities along the way, The Club at Pasadera has been the centerpiece of the Pasadera Community. Originally a $42 million project, it faced a change of hands through bankruptcy proceedings but has since been revitalized by local investors before Concert Golf Partners’ recent acquisition.
(Photo courtesy Concert Golf Partners)