Massachusetts private club sold, buyer to develop 9 holes

Quail Ridge Country Club in Acton, Mass. has been sold to a private investor group called QR Properties LLC for an undisclosed price.
The new owners said they will reopen the private equity club this season as a 9-hole course, with the remaining 9 holes to be redeveloped.
Quail Ridge club members, faced with a membership that was only half the target capacity of 350 members and mounting debt, had also been attempting to attract a developer for a proposed senior housing development on nine holes of the course. They had planned to use the proceeds from the land sale to bail out the struggling club as a 9-hole facility.
While they survived a contentious permitting process, members were unable to find a developer willing to take on the senior housing project.
Members, who typically paid anywhere from $50,000 to $75,000 in initiation fees, will lose their initiation fees, but the club has negotiated playing privileges with several nearby clubs, including the 36-hole International Golf Club in Bolton, Mass., which will allow Quail Ridge members to transfer their memberships there, while retaining their Quail Ridge membership.

The Quail Ridge course was designed by Mark Mungeam and opened in 2006, a year after the club opened. 

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