Scottsdale, Ariz. (March 21, 2022) – Troon®, the leader in providing golf and club-related leisure and hospitality services, is pleased to announce it has been selected to manage Saddlebrook Golf and Tennis Resort in Wesley Chapel, Florida near Tampa. Troon will oversee golf operations and membership sales and marketing for the 480-acre property.
Mast Capital, a Miami-based real estate investor and developer, recently purchased Saddlebrook Golf and Tennis Resort and will soon, together with partner Amzak Capital Management, make a significant capital investment to transform and update the property, including renovations to the resort and golf courses. The resort rests on rolling terrain surrounded by lagoons and cypress trees, and was purposely planned as a car-free walking village, ensuring guests can easily walk throughout the entire resort. The resort's 500 suites are clustered around nine courtyards complete with gardens, stone benches, stone paver walkways, and native Florida landscaping. HEI Hotels is managing the resort and food and beverage operation at Saddlebrook.
“We are excited to partner with Troon at Saddlebrook. We plan to make a significant investment to renovate the resort, with improvements to the golf and tennis experience being an important focus. Our goal is to restore the grandeur of Saddlebrook,” said Mast Capital Managing Director Jordan Kornberg.
Saddlebrook Golf and Tennis Resort offers a host of amenities, including two Arnold Palmer-designed golf courses – the Palmer and Saddlebrook courses – 45 tennis courts, a resort-style pool, a fitness center, over 100,000 square feet of meeting space, and Saddlebrook Prep, an instructional school for aspiring golf and tennis players. Tennis greats Pete Sampras, Jim Courier, Jennifer Capriati, Martina Hingis and Andy Roddick have all trained at Saddlebrook.
In addition to golf and tennis, the property has multiple dining facilities, including T.D.'s Sports Bar, Tropic's Restaurant, Dempsey's Too, and a Poolside Bar and Café.
“We are honored to be selected to manage Saddlebrook Resort and look forward to working with Mast, Amzak, and HEI. We will be diligently working to improve golf course conditions, service levels, and product offerings to elevate the experience for the membership and resort guests at the property,” said Troon Director of Operations Zack Vervaecke, PGA.
For more information on Saddlebrook Golf and Tennis Resort, visitwww.saddlebrook.com.
Headquartered in Scottsdale, Ariz., Troon is the world’s largest golf management company providing services at 630-plus locations around the globe, including managing 650-plus 18-hole equivalent golf courses. In addition to golf, Troon specializes in homeowner association management, private residence clubs, estate management and associated hospitality venues. Troon’s award-winning food and beverage division operates and manages 615-plus food and beverage operations located at golf resorts, private clubs, daily fee golf courses and recreational facilities. With properties located in 45-plus states and 30-plus countries, Troon’s family of brands includes Troon Golf, Troon Privé, Troon International, Indigo Sports, CADDIEMASTER, True Club Solutions, Cliff Drysdale Tennis, Peter Burwash International, Casa Verde Golf, and RealFood Hospitality, Strategy and Design. For additional news and information, visit www.Troon.com.
About Mast Capital:
Established in 2006, Mast Capital is a value-oriented real estate investment company with integrated development and asset management teams. Mast Capital has made successful acquisitions in the residential, hospitality, office, retail and land sectors, and targets opportunistic and value-add investments in existing property, ground-up development, distressed real estate, and note purchases. The firm employs a sophisticated approach to structuring its acquisitions, maximizing value to its investors while providing creativity and flexibility to sellers and other third parties to execute highly complex transactions. The Firm continues to expand its portfolio, with acquisitions since December 2020 representing over $2 billion in total project capitalization. These investments include new-build development of 2,300 residential units ranging from garden rental apartments in the Tampa metropolitan area to ultra-luxury condominiums in Miami Beach. For more information on Mast Capital’s portfolio, visit www.mastcapital.com.