Trump National Doral Miami

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Trump National Doral Miami
DoralGolfResortNovember2010.jpg
The 18th hole of the Blue Monster course.
Club information
Location Doral, Florida, United States
Established1962
TypeResort
Owned by The Trump Organization
Total holes90
Events hosted Shell Championship (2018)
WGC-Cadillac Championship (2007–2016)
Doral Open (1962–2006)
LIV Golf (2022-)
Website trumphotelcollection.com/miami Trump National Doral Golf Club
Blue Monster
Designed by Dick Wilson
Par 72
Length7,510-yard (6,870 m)
Course rating 76.8
Slope rating 143
Course record61 – Stephen Ames (2000)
Silver Fox
Designed by Jim McLean
Par 70
Length6,557-yard (5,996 m)
Course rating 72.8
Slope rating 143
Golden Palm
Designed by Raymond Floyd (redesign)
Par 70
Length6,609-yard (6,043 m)
Course rating 72.2
Slope rating 135
Red Tiger
Par 70
Length6,101-yard (5,579 m)
Course rating 69.4
Slope rating 131

Trump National Doral Miami is a golf resort in Doral in South Florida in the United States. It was founded by real estate pioneer Alfred Kaskel in 1962, with the name "Doral" coming from an amalgamation of the first names of Kaskel and his wife, Doris. It currently has 72 holes of golf and its signature course is the Blue Monster at Doral.

Contents

Description

The resort consists of 800 acres (3.2 km2). [1] Prior to its renovation, the club was reported to feature "four golf courses; 700 hotel rooms across 10 lodges; more than 86,000 square feet (8,000 m2) of meeting space, including a 25,000-square-foot (2,300 m2) ballroom; a 50,000-square-foot (4,600 m2) spa with 33 treatment rooms; six food and beverage outlets; extensive retail; and a private members' clubhouse." [2]

History

The Doral Country Club was built for $10 million (equivalent to $101 million in 2023) by Carol Management, a New York-based real estate firm headed by Alfred Kaskel. [3] [4] The club opened in January 1962. [4] [5]

The resort was the sister hotel to the famous Doral Hotel on the ocean in Miami Beach, Florida.

In 1994, Carol Management sold a majority stake in the resort to KSL Recreation, a Kohlberg Kravis Roberts affiliate focused on premier golf facilities, for approximately $100 million. [6] [7] KSL was then purchased in 2004 by CNL Hospitality (later CNL Hotels & Resorts), a real estate investment trust affiliated with CNL Financial Group. [8] [9] CNL placed the resort under the management of Marriott International later that year. [10] In 2007, CNL Hotels was acquired by the real estate arm of Morgan Stanley. [11] [12]

Around 2010, the Pritikin Longevity Center moved into the spa area of the Doral resort. [13]

In 2011, a group of creditors led by Paulson & Co. took control of the Doral and seven other properties from Morgan Stanley. [14] They quickly placed the Doral and four of the other properties under Chapter 11 bankruptcy protection, and began seeking a buyer for the Doral. [15] [16]

In February 2012, the Trump Organization purchased the Doral Resort & Spa out of bankruptcy for $150 million. [2] The property's name was then changed to Trump National Doral. [17] Trump began a $250-million renovation of the resort in 2013, [18] [19] which was completed in 2016. [1] The purchase and renovation were financed with $125 million in loans from Deutsche Bank. [20]

Trump's purchase included four of the five golf courses. [21] The fifth, the "Great White Course," was excluded from the sale because of its high potential for redevelopment. [22] Instead, it was sold, along with the other bankrupt properties, to GIC, a creditor in the case. [23] [24] GIC sold the course in 2016 for $96 million to two homebuilders: Lennar and CC Homes. [25]

In May 2019 it was reported the resort was in "steep decline" financially, in which its net operating income had fallen by 69 percent – from $13.8 million in 2015 to $4.3 million two years later. [26] [27]

In 2022, Axos Financial refinanced the $125 million mortgage held by Deutsche Bank. [28]

Trump "has been the target of dozens of liens" from contractors who worked on the renovation project. [29] On May 20, 2016, a Miami-Dade County Circuit Court judge ordered Trump National Doral Miami to be foreclosed and sold on June 28 unless the Trump Organization paid $32,800 to a Miami paint supply company. [29]

A 6-foot (1.8 m) high portrait of Donald Trump painted by Miami Beach-based artist Havi Schanz, which became controversial when it was reported to be purchased for $10,000 with funds from the non-profit Trump Foundation, [30] hangs on the wall in the resort's Champions Bar & Grill. [31]

Since Trump purchased the resort in 2012, he has challenged the local property tax assessments every year. [1] In filings with the Federal Election Commission, Trump has consistently claimed high property values for his golf courses; in tax proceedings, however, Trump has generally claimed substantially lower values. [1] In August 2016, Doral Councilwoman Sandra Ruiz challenged the tax assessment for the Doral resort, saying that it was too low and did not account for renovations that increased the value. [1]

In 2017, the resort settled a lawsuit from a guest whose back, face, and arms were bitten by bed bugs. [32]

In October 2019, amidst the impeachment inquiry against Donald Trump, the White House announced that the Doral would host the upcoming 46th G7 summit. [33] Trump suggested that the resort would host the event "at cost" or perhaps at no cost to American taxpayer. The move prompted renewed criticism that Trump was self-dealing in violation of the Foreign Emoluments Clause of the United States Constitution. House Judiciary Committee chairman Jerry Nadler called the selection of Doral "among the most brazen examples yet of the President's corruption." [27] Lack of support from Trump's Republican allies who had grown weary of defending him led Trump to abandon his plans within days of the announcement. This was notable as it was a rare crack in the wall of Trump's Republican support. [34] [35]

Golf courses and tournaments

Trump National Doral Miami features four championship golf courses:

The Blue Monster played host to the Doral Open on the PGA Tour from 1962 to 2006, and from 2007 to 2016 the WGC-Cadillac Championship made its home there after having been played at different venues in the United States and Europe since its inception in 1999. In 2016, it was announced that the tournament would be moved to Mexico City. [36]

The resort's other courses have also played host to important events. The Golden Palm hosted the PGA Tour's Qualifying Tournament in 1999 and since 2018 hosts the PGA Tour Latinoamérica Shell Tour Championship, and the Red Tiger hosted The Office Depot on the LPGA Tour in 2000, in addition in 2018 the Shell Tour Championship.

The Latinoamérica Tour Championship was moved in October 2018 after plans to demolish host course Melreese Country Club to build Miami Freedom Park were announced. [37] Initially, the Shell Tour Championship finished on the 18th hole of Red Tiger, a 526-yard par-5, instead of the Golden Palm 18th, a 469-yard par-4 featuring an island green.

The property was formerly home of The Jim McLean Golf School. The school relocated to the Miami Biltmore Hotel in 2018.

The property is now the home of the Rick Smith Golf Performance Center.

Trump National Doral Miami was featured in Golf magazine's Top 100 resorts in 2019, celebrating the best places in golf to stay and play. [38]

Trump National Doral Miami hosted the final event in 2022 of the LIV Golf Invitational Series. [39]

Scorecard

Trump National Doral Miami – The Blue Monster
Tee Rating/Slope 123456789Out101112131415161718InTotal
Black578446440207419430472550216375860842860024547515334043047337527510
Gold73.8 / 140559381404196402416442528207353557234458923043914232541043334847019
Blue76.8 / 143543364393176378402435497185337356032657321041813331338640633256698
White71.7 / 136528348361159354382420469180320150931055719739812628037038631336334
SI Men's111713135971510188261614124
Par544344453365453434443672
SI Women's917515131371141810281416126
Red71.3 / 126433325297135314348390414143279941828549017230511725228933626645463

[40]

See also

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References

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  40. "USGA Rules Govern Play With the exception of the following local rules" (PDF).

25°49′10″N80°20′34″W / 25.81944°N 80.34278°W / 25.81944; -80.34278