Morningstar Golf & Hospitality Information

At Morningstar we take an individualized approach to each project. Every club or course has unique opportunities and challenges which require in-depth assessment and understanding in order to achieve the desired outcome. Utilizing proven business practices and drawing from a wealth of experience, the Morningstar Team provides our clients with custom solutions, which may encompass: - Comprehensive club management services - Purchase, equity investment, joint-venture or facility leases - Customized advisory services, including: Membership sales programs, Financial benchmarking and expense analysis, Agronomic assessments and planning Capital investment analysis / Facility and reserve assessments Food and Beverage analysis Real estate tax appeals, and Daily fee marketing, promotion and sales programs - Investment or disposition analysis / Alternative land use - Capital structure consultation - Investor or lender relationship assistance - Refundable membership deposit liability solutions - Brokerage, through broker affiliates