Archive for October, 2011

Donald Trump to buy the Doral Golf Resort for $170 million

by Annie Latham on October 14, 2011 in News with 1 Comment

Developer and reality TV personality Donald Trump has agreed to buy the Doral Golf Resort & Spa for $170 million. The sale includes four of the resort’s five championship golf courses:

  • The TPC Blue Monster at Doral
  • The Gold Course
  • The Red Course
  • The McLean Course

The Great White course is not part of the deal.

The Blue Monster is the most well-known of the resort’s courses. It played host to the Doral Open on the PGA Tour from 1962 to 2006. Since 2007 the WGC-Cadillac Championship has made its home at the Blue Monster after having previously been played at various courses around the world. In 2009, the Blue Monster joined the PGA Tour’s Tournament Players Club network of courses and rebranded as the TPC Blue Monster at Doral.

A source with knowledge of the plans said the Trump Organization will invest at least $150 million in upgrades to the nearly 50-year-old hotel, which went into bankruptcy protection earlier this year.

Hedge fund Paulson & Co. and Winthrop Realty Trust foreclosed on five resorts, including Doral, in January, and put them into Chapter 11 bankruptcy in February.

The agreement with Trump will be filed with the U.S. Bankruptcy Court in New York next week and there still will be an auction for the Doral resort to seek better offers. There aren’t any other bidders so far, according to Winthrop CEO Michael Ashner.

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Source: The Palm Beach Post

 

Sun Mountain Chosen to Outfit the U.S. Presidents Cup Team

by Annie Latham on October 6, 2011 in News, Style & Fashion with No comments

Sun Mountain just announced that for the second consecutive time the company has been chosen as the “Official Outerwear Provider for The Presidents Cup United States Team.” The 2011 U.S. Team will be outfitted in custom-designed rain jackets and pants based upon a new line of Sun Mountain rain gear incorporating a breakthrough stretchable woven fabric.

Sun Mountain worked with the U.S Team to design custom outerwear that offers protection from wind and rain while remaining breathable, and stretching enough to allow a free golf swing. The resulting Sun Mountain rain gear is constructed from an advanced, new four-way stretch woven fabric with a fully waterproof/breathable laminate and durable water repellent finish.

Current outerwear offering

Their spokesperson said pictures of The Presidents Cup outfits aren’t available at this time.

The players’ outerwear for The Presidents Cup 2011 will include: a full-zip rain jacket, long sleeve rain pullover, short sleeve rain pullover, rain pants, long sleeve wind pullover, short sleeve wind pullover and bucket hat. Caddies’ outerwear will include: long sleeve rain pullover, short sleeve rain pullover, long sleeve wind pullover and bucket hat. Players’ significant others will have options to include: full-zip rain jacket, rain pants, fleece jacket, thermal vest and bucket hat.

he Presidents Cup 2011 will be held November 15-20 at The Royal Melbourne Golf Club in Melbourne, Victoria, Australia, pitting the U.S. Team, led by Fred Couples, against the International Team, captained by Greg Norman.

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Urban Golf Challenge Features Ryder Cup Captains

by Annie Latham on October 3, 2011 in News, Urban Golf with No comments

To celebrate the “year out” mark for the 2012 Ryder Cup which is taking place at the Medinah Country Club, team captains Davis Love III and José María Olazábal took part in a one-of-a-kind event, the ‘Ryder Cup Captains’ Charity Golf Shot’ in downtown Chicago.

Both captains attempted three 220 yard shots over Michigan Avenue, from the 16th floor terrace of the Trump International Hotel & Tower onto a green floating on the Chicago River.

The City of Chicago raised the bascule-style bridge during the event, allowing the Captains a clear line of sight to the green. Olazábal described the day as a “whirlwind”, after finding success hitting the green in the typically windy Chicago conditions.

You can watch it here.

And there’s more. Apparently both captains had an opportunity to throw out the first pitch at a White Sox game (They were playing the Toronto Blue Jays). Jose Maria had never played or thrown a baseball in his life.

Davis Love III describes the experience here in his Captain’s blog.

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