THE SHORT GAMETHE SHORT GAME
SiGN UP FoR HomE DELivERy At www.
tExASLiNkSmAGAziNES.
Com tExAS LiNkS / 17
he recession that
started 18 months
ago has impacted
almost every American,
but it has also negatively
impacted some of Texas’
most elite golf...
More
THE SHORT GAMETHE SHORT GAME
SiGN UP FoR HomE DELivERy At www.
tExASLiNkSmAGAziNES.
Com tExAS LiNkS / 17
he recession that
started 18 months
ago has impacted
almost every American,
but it has also negatively
impacted some of Texas’
most elite golf properties.
Last year, Hal
Sutton’s highly ranked
Boot Ranch GC and
residential community
in Fredericksburg went
into foreclosure.
Now, the Four
Seasons Resort and
Club at Las Colinas,
home of the PGA Tour’s
annual HP Byron Nelson Championship, and the highly
acclaimed Craig Ranch community are fighting for survival.
Both
are sites of TPC courses either owned or licensed by the PGA Tour.
Los Angeles-based Bentley-Forbes, owner of the 400-acre Four
Seasons property, was provided $183 million in loans from U.
S.
Bank N.
A.
The bank said it plan to initiate a forced sale on Feb.
2
after the Four Seasons missed a scheduled payment.
The property
showed up on the foreclosure listings, becoming the largest
foreclosure in North Texas in more
Less
