Red Wolf Run Golf Club Sold

Red Wolf Run Golf Club in Huffman, Texas, has been sold. The 18-hole, semiprivate, championship golf course is located 30 minutes northeast of downtown Houston.

The transaction was handled by Fairway Advisors and its joint marketing partner, CDB Golf Properties. The course, previously owned by Bank of America, N.A., was purchased by Antares Real Estate III, LLC. Antares is a division of Houston based Landco Development. The sales price was not disclosed.

Commenting on the disposition, Jeff Davis, President of Fairway Advisors, says: “The amount of investor interest in the sale was extremely diverse. We received offers from individual investors, golf course owners and regional developers.”

Red Wolf Run Golf Club was designed by Jay Riviere and stretches 7,088 yards from the tips. The semiprivate layout was opened in 1975. Red Wolf Run is the last of four golf courses to sell in 2006 which were represented by Fairway Advisors for Bank of America; the other courses are located in Florida.