ARIZONA NEWS

Grayhawk Golf Club acquired by Arcis Golf, which brings operator’s Arizona portfolio to 16 courses

Jun 18, 2023, 5:45 AM

The Grayhawk Golf Club in north Scottsdale is under new ownership. (Arcis Golf Photo)...

The Grayhawk Golf Club in north Scottsdale is under new ownership. (Arcis Golf Photo)

(Arcis Golf Photo)

Blake Walker thinks his company now owns a top-flight asset with its acquisition of a north Scottsdale golf club.

Walker, the founder and CEO of Dallas-based golf course owner and operator Arcis Golf, said the company added the Grayhawk Golf Club to its portfolio after buying it from Pacific Life.

The deal, which the company said closed on June 12, also included the Angel Park Golf Club in Las Vegas and Tijeras Creek Golf Club in Rancho Santa Margarita, California. Arcis Golf declined to disclose the cost of the acquisition.

The public, daily fee Grayhawk Golf Club brings the number of Arcis Golf assets in Arizona to 16, which is the most it owns in any state.

“We have a very large subscriber base and membership base in the market, so there’s a compounding effect there in terms of the options we provide for our consumer,” Walker said. “The founders, owners and leadership team of the facility are best-in-class, and they’ve done a great job. We’re just going to provide them with the resources they need to continue to execute and provide the level of service they’ve always had.”

This story is posted in partnership with Phoenix Business Journal. Click to read the full story.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

Jamarr Dwayne Young, pictured above, is 33, authorities said. (Maricopa County Sheriff's Office pho...

KTAR.com

Man accused of domestic violence killed bicyclist while fleeing from authorities, Phoenix police say

An Arizona man was arrested after allegedly killing a pedestrian while fleeing from Phoenix police, authorities announced on Friday.

6 hours ago

Casita bill, or HB 2070, passed in Arizona House...

Serena O'Sullivan

Arizona House Democrat explains how ‘casita bill’ can help fight the state’s housing shortage

The so-called "casita" bill was passed by the Arizona House of Representatives on Wednesday. Rep. Analise Ortiz breaks down the benefits.

7 hours ago

north-korean-fraud...

Nick Borgia

Arizona woman accused of involvement in major North Korean fraud scheme

An Arizona woman is being prosecuted for allegedly assisting in North Korean fraud schemes to place overseas IT workers in U.S. positions.

8 hours ago

Peoria wants to build out a future airpark similar to the Scottsdale Airpark, pictured here, with a...

Audrey Jensen/Phoenix Business Journal

Peoria Airpark project could create thousands of jobs, millions in revenue

Plans for a new regional airport and employment center in Peoria could generate nearly 8,000 jobs and millions of dollars in revenue for the municipality, according to a study released this month.

11 hours ago

Authorities released these images from a 2022 assault in Gilbert in January 2024. An arrest was mad...

KTAR Video

Video: SHORT: Why are prosecutors cutting deals with youth violence suspects and alleged Gilbert Goons?

Some of the young adults arrested in connection with violent gang-related attacks in the East Valley are getting deals from prosecutors. Chris Merrill shares his thoughts.

12 hours ago

...

KTAR Video

Video: Why are prosecutors cutting deals with youth violence suspects and alleged Gilbert Goons?

Some of the young adults arrested in connection with violent gang-related attacks in the East Valley are getting deals from prosecutors. Chris and Joe wonder how victims and others experiencing youth violence feel. Video: Jeremy Schnell and Felisa Cárdenas/KTAR News

12 hours ago

Sponsored Articles

...

DESERT INSTITUTE FOR SPINE CARE

Desert Institute for Spine Care is the place for weekend warriors to fix their back pain

Spring has sprung and nothing is better than March in Arizona. The temperatures are perfect and with the beautiful weather, Arizona has become a hotbed for hikers, runners, golfers, pickleball players and all types of weekend warriors.

...

DISC Desert Institute for Spine Care

Sciatica pain is treatable but surgery may be required

Sciatica pain is one of the most common ailments a person can face, and if not taken seriously, it could become one of the most harmful.

...

Collins Comfort Masters

Here’s 1 way to ensure your family is drinking safe water

Water is maybe one of the most important resources in our lives, and especially if you have kids, you want them to have access to safe water.

Grayhawk Golf Club acquired by Arcis Golf, which brings operator’s Arizona portfolio to 16 courses