Mario Antoci denied rumors that the sale has fallen through, after one of his two courses closed in early October. The sale to Mazz Golf Management Co. was not a done deal, Antoci said, but he anticipated that it would be completed by the end of October.
Mario Antoci, owner of two Genoa (Nev.) Lakes golf courses, denied rumors that the closure of the resort course means a deal to sell the courses has fallen through, the Tahoe Daily Tribune reported.
While the sale to Mazz Golf Management Co., is not a done deal, Antoci said, it will still likely go through by the end of the month, the Daily Tribune reported.
“The deal is not as strong as we had hoped,” Antoci said. The resort course closed in early October for the season, he added, as something that happens every year.
“We looked at the tee sheet and it only had 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.”
In the spring, Antoci said, the resort course will likely reopen before the older lakes course, the Daily Tribune reported.
“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.”
Antoci said he was hoping the deal would have been finalized by now, so he could begin enjoying retirement. The sale of the two courses, which comprise 36 holes and 564 acres, was expected to close September 28. A few days after that date, a press release said the sale’s completion would come mid-October, the Daily Tribune reported.
Mike and Denise Mazzaferri own Mazz Golf Management Co., and hold the management contract with Washoe County for the operation of Sierra Sage Golf Course in Stead, Nev., the Daily Tribune reported.