Golf's resurgence has investors paying top dollar for courses

Golf's unprecedented growth in recent years has created a seller's market for courses and facilities, and investors are paying top dollar to get in on the action. The average sale price of golf courses tracked and catalogued by Leisure Investment Properties Group reached more than $6.87 million last year, up 38% from an average of just under $5 million in 2023. The last time the average price reached that level was 2007, shortly before the financial crisis and Great Recession.  "The golf industry…