Business & Tech

Green Garden Country Club Sold for More Than $5 Million

The 415-acre golf course and club was purchased at auction Monday by the owners of Hickory Hills Country Club.

The owners of a Hickory Hills golf course have a few more greens to take care of after buying for $5.9 million at an auction Monday, March 12, the deal's sales agent said. 

READ:

The 415-acre country club, golf course and golf dome was sold to Hickory Hills Country, which is owned by Hickory Properties, to pay off debts as part of former William McEnery's personal bankruptcy case, said Steven L. Victor, the sales agent for Development Specialists Inc., which handled the sale. McEnery,, filed for Chapter 11 bankruptcy himself in August 2011 for more than $225 million in creditor claims.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

A U.S. Bankruptcy Court judge still needs to approve the sale on March 21, and the final closing will be handled before March 30, Victor said. 

Phone messages to Green Garden Country Club were not returned Thursday. A representative from Hickory Hills Country Club would not talk about the sale until the final closing.

Interested in local real estate?Subscribe to Patch's new newsletter to be the first to know about open houses, new listings and more.

NEWSLETTER: Sign Up to Have Frankfort Headlines Delivered to Your Inbox Each Morning

The golf course sale comes more than a year after , claiming McEnery stopped making payments on a mortgage loan for the course. However, the bank and McEnery agreed last year that selling the course would be the best course of action, dropping the foreclosure suit and calling in DSI. The actual order for the sale was put in late January of this year.

Other notable Green Garden news items include: 

  • December 2010: .
  • February 2011: . , and the indoor driving range reopened in February.


Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.

We’ve removed the ability to reply as we work to make improvements. Learn more here