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ClubLink buys 3 Palm-Aire golf courses for $7.2 million

ClubLink is Canada's largest owner and operator of golf clubs with more than 50, 18-hole equivalent championship and six, 18-hole equivalent academy courses at 44 locations, primarily in Ontario, Quebec and Florida.

The purchase of Palm-Aire Country Club in Pompano Beach, Fla., from Palm-Aire Associates Limited Partnership, gives the Ontario-based concern a total of 11, 18-hole equivalent championship courses in Florida with a combined membership of more than 4,500.

Three Palm-Aire championship courses join the 36-hole Woodlands Country Club in Tamarac, acquired in April 2011, and Heron Bay Golf Club in Coral Springs, acquired in October 2010.

Posted Friday Nov 18