Arnold Palmer Golf Management has laid a claim on its third property in metropolitan Las Vegas, Nevada.
The Dallas, Texas-based firm has been tapped to manage Reflection Bay Golf Club, a Jack Nicklaus “signature” layout in Lake Las Vegas, a ritzy desert community that was flattened by the Great Recession. Reflection Bay, which opened in 1998, has been closed since 2009, but Golf Digest ranked it among the nation’s top 100 public courses for five years in the mid 2000s.
Raintree Investment Corporation bought the track late last year and expects to reopen it before the end of 2014. Raintree also owns the Falls, a Tom Weiskopf-designed track in Lake Las Vegas, but the course will likely be converted to houses.
The Palmer-branded management firm, an entity owned by Century Golf Partners, operates nearly 50 golf properties in 16 states. It has two other properties in greater Las Vegas, Rhodes Ranch Golf Club and Tuscany Golf Club.