LAO–Utah Successfully Closes 2nd Golf Course Master Planned Community in Last 6 Months

Land Advisors Organization–Utah Successfully Closes 2nd Golf Course Master Planned Community in Last 6 Months

May 8, 2012 (Scottsdale, Arizona) – The Utah office of the Land Advisors Organization, the nation’s largest land brokerage firm, announced today the successful completion of the Victory Ranch Club land disposition assignment. Located in pristine Kamas, Utah, Victory Ranch Club is a 6,444-acre master planned golf luxury home development just 40 miles east of Salt Lake City and 15 miles east of the world-renowned Deer Valley Ski Resort in Park City, Utah.

Zachary Hartman, Utah Managing Director and Greg Vogel, Founder and CEO of Land Advisors Organization along with Michel Seifer, Managing Director, Jeff Adkison, Executive Vice President and Brendan McArthur, Vice President of Jones Lang LaSalle worked collaboratively on the exclusive listing, representing the Seller, ATC Realty Nine, in this closing.

The Park City area is a highly-constrained entitlement environment. Victory Ranch Club is unique in its size and at the beginning stages of its development and marketing cycle.

The recent recession severely impacted the resort real estate markets and several notable projects such as the Yellowstone Club and Promontory have gone through highly publicized reorganization and restructuring.  Now, however, these luxury mountain resorts are experiencing renewed interest from both developers and investors. In addition, the improving job market and significant recovery of the equity markets has raised interest from individuals interested in purchasing retirement and second-home vacation properties.

“A few other major projects, such as Deer Valley, Glen Wild and Colony have matured and are at the twilight stages,” mentioned Hartman. “The magnitude of Victory Ranch Club was of keen interest to well-capitalized developers and private equity seeking high quality opportunistic investments.”

For more information about this transaction contact Zach Hartman at, or call 801.534.4410 or visit

The Land Advisors Organization specializes in innovative land brokerage through deep market insight and unparalleled client relationships. With an exclusive focus on land, the Land Advisors Organization integrates current comprehensive information, cutting-edge technology and geographically specialized professionals to help our clients identify and capitalize on valuable opportunities in all kinds of economic environments.

The Land Advisors Organization employs a true collaborative brokerage model with offices located throughout Arizona, California, Colorado, Florida, Nevada, Utah and Texas.