I.R.I. Golf Group to Lease & Manage Raven GC

In June 2006, I.R.I. Golf Group L.L.C. chairman, Jeff Silverstein, announced the company’s agreement to lease and manage the operations of the Raven Golf Club at South Mountain in Phoenix. I.R.I. is leasing the property from CNL Income Properties Inc., an Orlando-based real estate investment trust focused on the acquisition of lifestyle properties.

The Raven at South Mountain golf course was built and designed by Gary Panks and U.S. Open champion David Graham in 1995. Offering a unique golfing experience in the desert, the 18-hole course tree-lined fairways and multi-tiered greens. Located just seven miles from Sky Harbor Airport and downtown Phoenix, the club has been top-rated in guest service and features a 4,600 square-foot, full-service clubhouse, a pro shop, full grass practice facilities and a restaurant.

The course offers multiple tees, with the longest measuring 7,078 yards. The course hosts a number of high-profile events, including the Arizona Stroke Play Championship. It’s also the official course for Major League Baseball’s Arizona Diamondbacks.

“CNL has an excellent reputation as a strategic partner in the lifestyle industry, and we are excited about working with them at a quality property like the Raven. We look forward to continuing to provide a premier golf experience for players and guests,” said Silverstein.