Westport Capital Partners and New World Realty Advisors Team Up to Acquire a First-Class Country Club
Mamaroneck, NY – June 15, 2010 – CB Richard Ellis, Inc. has announced that a joint venture formed by affiliates of Westport Capital Partners LLC and New World Realty Advisors, LLC has closed on the purchase of the Hampshire Country Club, located at 1107 Cove Road in Mamaroneck, NY. The buyers are planning to reopen the facility. Situated on approximately 116 acres, the country club was fully redesigned and renovated in 2006 to include a beautifully appointed clubhouse, new golf and tennis pavilions, as well as upgraded dining and entertaining facilities. CB Richard Ellis was engaged by the Board of Directors of the Hampshire Country Club in January to conduct the sales process. A conditional contract between the parties was signed in April and approved by membership on May 11, 2010. The transaction closed June 7, 2010 with a final sale price of $12.1 Million.

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