Bonita Bay Group offers terms for members to take over golf clubs
Posted on July 15th, 2009 by Carl Vanderpal
It may not be the Fourth of July yet but fireworks are flying in Bonita Bay Group’s Mediterra Naples Fl Real Estate communities. The developer has started to deliver “term sheets,” which explain what it may take for its golf members to own their clubs. At least two communities have received buy-out terms from the cash-strapped developer — Mediterra in North Naples and Shadow Wood in Estero . In both cases, Bonita Bay is asking members to put up cash in addition to what they’ve
Filed under: Golf Clubs, Golfing News