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Work-Out Assignments
 Achieving the best possible outcome in the shortest possible time.
Kitson & Partners Clubs is the leading “work-out” specialist in the U.S. golf industry, having completed more than 40 management-to-disposition assignments for lenders and institutional investors. Working across the full spectrum of legal and ownership issues - including court-ordered receiverships - the company has provided management-to-disposition services for private golf clubs, public golf courses, and master-planned golf communities in more than a dozen states.
K&P Clubs has the proven ability to mobilize quickly and effectively, to minimize adverse publicity, and to achieve immediate bottom-line gains through improved management, more effective marketing and tighter cost controls. Services include employment of all club personnel; centralized budgeting, accounting and cash-flow forecasting; assumption of liquor permits and operating licenses; and complete property and liability insurance packages.
Management agreements for work-out assignments recognize that the client’s ultimate goal is the strategic disposition of the asset with the maximum possible returns, as soon as possible. Institutional clients which have retained Kitson & Partners Clubs for multiple management assignments involving REO properties or other distressed assets include Bank of America, Lennar Partners, Credit Suisse/First Boston, the Morgan Stanley Real Estate Fund, and Textron CFC.
When results count, you can count on Kitson & Partners Clubs Management.
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