In many HOAs that are not designated 55+ communities, “the golf course is becoming a source of contention.” ArrowCreek is not alone. Here is a column from HOA Evaluations LLC devoted to the topic:
The Golf Course is becoming a Source of Contention
There are many interesting topics in the column, so keep on scrolling!!
Titles in the stream:
** The Golf Course is becoming a Source of Contention
** In many HOA’s other than 55+ communities, the golf course is becoming a source of contention
** Tips for turning around a failing golf operation **Very Worthwhile reading!
** THE BANKRUPT GOLF COURSE OWNER RELIEF ACT **Florida
** Golf Course Living Doesn’t Have to Be Expensive
** WHY SHOULD OTHERS PAY FOR GOLF PLAYERS’ ENTERTAINMENT?
** Mandatory Country Club Membership in HOA’s
** Royal Oaks Golf Course on verge of closure
** Club Members Learn to Swing More Than 5-Iron – mentions Northgate, D’Andrea
** Homeowners Association Wants To Buy Golf Course; Not Everyone Thinks It’s A Great Idea
** Mandatory Country Club Memberships May Not be Mandatory After All …
More articles. . .
LAND VALUE STUDIES
Golf Courses and Residential House Prices: An Empirical Examination
The Impact of a Golf Course on Residential Property Values
Why Do People Choose to Live in Golf Course Communities?
Does Proximity to a Golf Course Matter?
A Book Review: Golf Courses and Country Clubs: A Guide to Appraisal, Market Analysis, Development, and Financing
The homes association handbook: A guide to the development
and conservation of residential neighborhoods with common open space and facilities privately owned and maintained by property-owners associations founded on legal agreements running with the land – searchworks.stanford.edu/view/1814255
PRIVATE EQUITY CLUBS
Look at PAGE 7 of
Economic Dimensions of the Florida Golf Course Industry ( This is EDIS document FE 344, a publication of the Department of Food and Resource Economics, Florida Cooperative Extension Service, Institute of Food and Agricultural Sciences, University of Florida, Gainesville, FL. Published December 2002. Reviewed October 2008. Available on the World Wide Web at http://edis.ifas.ufl.edu):
Economic Impact Analysis
Private-Equity Golf/Country Club Communities: Issues and Answers
What Private Country Clubs Will Have to Do to Survive
The Country Club Crash
ArrowCreek411 
Heard from a Somersett staff person that the HOA closed the deal to buy the golf course.
Wish them all the best.
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PRIVATE EQUITY CLUBS
Look at PAGE 7 of
Economic Dimensions of the Florida Golf Course Industry ( This is EDIS document FE 344, a publication of the Department of Food and Resource Economics, Florida Cooperative Extension Service, Institute of Food and Agricultural Sciences, University of Florida, Gainesville, FL. Published December 2002. Reviewed October 2008. Available on the World Wide Web at http://edis.ifas.ufl.edu):
Economic Impact Analysis
Private-Equity Golf/Country Club Communities: Issues and Answers
What Private Country Clubs Will Have to Do to Survive
The Country Club Crash
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