Trump Organization finalizes $3M purchase of The Point Lake and Golf Club
Published: April 5, 2012
Time posted: 2:24 pm
Tags: Mooresville, The Point Lake and Golf Club, The Trump Organization
In a $3 million deal, the Trump Organization today bought The Point Lake and Golf Club in Mooresville, Eric Trump told The Mecklenburg Times this afternoon.
“We’re closing literally as we speak,” said Eric, one of real estate mogul Donald Trump’s sons, said around 2 p.m. “It’s incredibly exciting.”
The purchase ends roughly two years of negotiations between the club and the Trump Organization. The deal almost died last year when a rift formed between club members who supported a Trump purchase and those who didn’t.
Eric Trump said the Trump Organization plans to spend “tens of millions of dollars” in the club, making it into “what we believe will be the best course in North Carolina.”
He said the Trump Organization plans to make aesthetic improvements at The Point and renovate bunkers and “redo” the tavern “and make it fabulous.” Plans also call for adding tennis courts, he said.
“We’re going to do a lot of things with the locker rooms, with the pool facility — really make it great,” he said.
COMING NEXT FRIDAY: Q & A with Eric Trump
The Mecklenburg Times asks serious — and some not-so-serious — questions to Eric Trump about the Trump Organization’s purchase of The Point and about his thoughts on Charlotte.
Trump wins golf club members’ vote
March 30, 2012
Roughly two years after expressing an interest in The Point Lake and Golf Club in Mooresville, the Trump Organization on Thursday said the sale is going to go through.
Trump card: Golf club members take to Web to support Trump purchase
March 6, 2012
Donald Trump has some outspoken fans at The Point Lake and Golf Club in Mooresville. And the real estate mogul will be meeting with them tomorrow at the club as he and his son Eric Trump come to town for more discussions with club officials about buying the property.
Buyouts from Trump Organization sought for Point Lake and Golf Club members
February 20, 2012
As the Trump Organization mulls purchasing The Point Lake and Golf Club in Mooresville, some of the club’s members hope there will be buyouts for club memberships.