April 12, 2012
Forest Creek Golf Club on Airport Road
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Members who chose to get involved and invest took part in an equity offering turning much of that debt into equity. FCI will own the club and the real estate going forward, with these investors paid back as Forest Creek grows and sells real estate.
A disagreement over who should manage Forest Creek Golf Club led to an attempted ouster of developer Barton Tuck, orders to clear his office, changed locks and a lawsuit.