Oregon golf resorts change hands
Three golf resorts in Oregon have been sold to new owners. A group of investment funds, fronted by Northview Hotel Group have bought Brasada Ranch in Powell Butte, Eagle Crest in Bend and Running Y Ranch in Klamath Falls from Jeld-Wen, whose main business is in door and window manufacturing.
Northview will manage the resorts on behalf of the partnership. Partner David Zeuske said: “We are extremely excited to have an opportunity to invest in Central and Southern Oregon’s tourism and real estate industries. My partners at Northview and I are looking forward to creating lasting impressions for others at our new resorts for generations to come.”
Jeld-Wen appears to have decided to get out of the resort business and concentrate on its core interests. “This is an important strategic decision for Jeld-Wen, and I am very pleased that Northview is such a great fit for the resort properties’ strengths and future potential,” said Rod Wendt, the firm’s president and CEO.
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