Genoa Lakes deal still in play despite closure of golf course
October 14, 2012
The owner of the Genoa Lakes golf club and resort denied rumors that the closure of one of the resort’s two courses indicated that a deal to sell the property has fallen through.Mario Antoci said Wednesday that while the sale to Mazz Golf Management Co. was not yet a done deal, there’s still a good possibility that it will go through by the end of the month.“The deal is not as strong as we had hoped,” Antoci said. Genoa Lakes’ resort course, two miles north of its lakes course, closed earlier this week for the season, something that happens every year, Antoci said.“We looked at the tee sheet and it only has two people on it,” he said. “We’ll close one course during the winter and keep the other one open as long as weather permits.”He pointed out that come spring, it’s likely the resort course will reopen before the older lakes course.“If there’s still snow on one course, we’ll open the other course first,” Antoci said. “The snow usually melts on the resort course first.”The sale of the two courses, which comprise 36 holes and 564 acres, was expected to close on Sept. 28 when it first came to light in mid-September. A few days before that date, a press release reported the sale’s completion would occur in mid-October.Mike and Denise Mazzaferri are the owners of Mazz Golf Management Co., and are operating Sierra Sage Golf Course in Stead.