ALPHARETTA, Ga. – March 2, 2010 – Gwinnet County Superior Court Judge Karen Beyers has appointed Affiniti Golf Partners the Receiver for Celebrity Golf Club in Tucker, Georgia.
Sundown Hills, LLC, owns Celebrity Golf Club, a 27 hole semi-private golf club located near the intersection of I-285 and I-85 and formerly known as Heritage Golf Club. Textron Financial Corporation (TFC), the lender to the LLC, had scheduled a foreclosure sale of the property for January 5, 2010. Prior to the sale, on January 5, 2010, Sundown Hills filed for bankruptcy under Chapter 11 of the United States Bankruptcy Code.
Textron sought the emergency motion for the appointment of a Receiver pending foreclosure per the remedies of the Loan Documents signed by Sundown Hills, LLC.
Whitney Crouse, Affiniti’s founding partner, will serve as the authorized representative for the Receivership. Affiniti golf is an experienced golf course owner and manager with headquarters in Alpharetta, Georgia (see www.affinitigolf.com). Following the sale of, or foreclosure upon, Affiniti will be discharged of its responsibilities as Receiver for the property.
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