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re: The Oaks is trying to get enough members to go private again..
Posted on 7/8/13 at 11:25 am to EyeOfTheTiger311
Posted on 7/8/13 at 11:25 am to EyeOfTheTiger311
Financially I just don't see it making sense. 2.7 mil for that course seems crazy. First thing I would do is try and talk the bank down from that number. I am sure they will settle just to get it off their hands.
I inquired about being a member at CCL several yrs ago and if I remember correctly a stock holder member initiation was around 10k. Just trying to make the comparison that the oaks at 6k seems like a reach.
I inquired about being a member at CCL several yrs ago and if I remember correctly a stock holder member initiation was around 10k. Just trying to make the comparison that the oaks at 6k seems like a reach.
1
Posted on 7/8/13 at 11:32 am to theBeard
You make good points. The land was appraised in 2011 for 3.2 million. We definitely will be negotiating with the bank to pay less than 2.7.
Regarding CCL, the fee to join today is 25k and 550 per month. Definitely a different ball park.
Regarding CCL, the fee to join today is 25k and 550 per month. Definitely a different ball park.
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