An unknown buyer acquired Quarry Pines Golf Club from CEMEX, S.A.B. de C.V. (BMV:CEMEX CPO) and United Metro Materials for $4.2 million.
February 08, 2024
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An unknown buyer acquired Quarry Pines Golf Club from CEMEX, S.A.B. de C.V. (BMV:CEMEX CPO) and United Metro Materials for $4.2 million on January 12, 2024. Jones Lang Lasalle and Steven Ekovich of Leisure Investment Properties Group were broker in the deal. Steven Ekovich was the Lead Golf Advisor for the transaction, representing the sellers, United Metro Materials and CEMEX. Terence Vanek of Leisure Investment Properties Group represented the buyer
An unknown buyer completed the acquisition of Quarry Pines Golf Club from CEMEX, S.A.B. de C.V. (BMV:CEMEX CPO) and United Metro Materials on January 12, 2024. The Leisure Financial Group financing team helped the buyer to in arranging financing and providing capital to purchase the operation. Leisure Financial Group is pleased to announce the closing of a $2,500,000 loan to finance the acquisition of Quarry Pines Golf Club.
Cemex SAB de CV is a Mexico-based operating and holding company primarily engaged, directly or indirectly, through subsidiaries, in the production, distribution, marketing and sale of cement, ready-mix concrete, aggregates, clinker and other globally provided construction materials. The construction-related services supply customers and communities in over 50 countries throughout the world. The Company operates in various locations, including Mexico, the United States, Europe, South America, Central America, the Caribbean, Asia, the Middle East and Africa. The cement production facilities are located in Mexico, the United States, Spain, Egypt, Germany, Colombia, the Philippines, Poland, the Dominican Republic, the United Kingdom, Panama, Puerto Rico, Thailand and Nicaragua. The Company is a supplier of aggregates, primarily the crushed stone, sand and gravel, used in various forms of construction.