PGA National Resort Sale

United States

Deal value: $425,000,000

PGA National Resort in Palm Beach Gardens, FL, was sold for $425 million, reflecting significant appreciation from its previous sale price.

The core investment motivation is to capitalize on the significant appreciation and recent $100 million renovation of a premier golf and resort asset in a high-growth, affluent market. The buyers—Henderson Park, Salamander Hotels, and South Street Partners—see an opportunity to further enhance the resort’s offerings, leveraging its legacy, location, and event-hosting status to drive value through operational improvements and experiential upgrades. The timing reflects confidence in the resilience of luxury hospitality and golf destinations, especially those with strong brand equity and recurring event exposure.