Photo: Tower Ranch Golf
Durali Properties has added a second golf course to its growing portfolio.
The Okanagan-based company announced Monday that it has agreed to buy Tower Ranch Golf and Country Club.
The sale price has not been announced.
Durali Properties owns a number of hotel properties throughout the Okanagan, including fast food restaurants, hotels, residential developments, and golf courses. They purchased Sunset Ranch Golf Course in Kelowna four years ago.
“We are delighted to add Tower Ranch Golf Course to our growing portfolio of leisure properties. We believe it will be a great addition to our other business operating within the community,” said Georgette Gag, owner of Durali Properties.
“We would like to thank the Carrington team for their hard work and dedication over the years which has ensured that Tower Ranch remains a must-visit course for all golfers.
“We look forward to supporting our outstanding employees and helping them build on their many successes to date.”
Durai purchased the Tower Ranch operation from the Carrington group of companies.
CEO Dan Slavin says his company is grateful for the time they owned and operated the property.
“We are grateful to the many employees we have worked with over the years who have made Tower Ranch one of the best golf courses in the Okanagan and voted Kelowna’s No. 1 public golf course,” Slavin said.
We know Durali Properties will continue to operate Tower Ranch as an exceptional golf course and remain a landmark in the community. We wish Doralei Properties every success in its future operations. »
Tower Ranch opened in 2008.