Developer Guide Group Buys NC Golf Course

Law360, New York (October 21, 2011, 7:33 PM EDT) -- Real estate manager and developer Guide Group LLC has agreed to purchase the bank-owned golf course adjoining its 629-acre North River Golf Club residential community near coastal Beaufort, N.C., for an undisclosed sum, the company announced Friday.

The country club style development of single-family custom homes will be turned into a mixed-use community including overnight accommodations and resort style amenities with the help of management company Trophy Golf & Resorts, the companies said.

"The North River Club golf course is a great asset to the overall...
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