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HOFFMANN BUYS OLD CORKSCREW GOLF CLUB, COTTAGES FOR $19 MILLION
Naples-based Hoffmann Family of Companies closed this month on the Old Corkscrew Golf Club and the adjacent Cottages at Old Corkscrew in two real estate transactions totaling $19 million.
“We officially closed on Old Corkscrew," said Naples billionaire David Hoffmann, founder of Hoffmann Family of Companies. “We also bought the adjoining land next to Old Corkscrew, about 20 acres where we’re going to develop.”
Hoffmann Old Corkscrew Golf Club LLC acquired Old Corkscrew Golf Club in Estero for $14.5 million from Old Corkscrew Development Group LLC, the recorded deed shows. Although Hoffmann announced the sale last fall, it didn’t actually close until last Friday.
Published in Gulfshore Business Daily