The Walden Group buys 3 Metro Phoenix golf courses for $57 million Article originally posted on AZ Big Media on June 25, 2026 Thompson Golf Group (TGG) has sold Dove Valley Ranch Golf Club in Cave Creek, Longbow Golf Club in Mesa, and Power Ranch Golf Club in Gilbert to The Walden Group, a New Jersey-based investment firm. The total value of the deal was $57 million, according to Vizzda. According to Vizzda, the golf courses sold for these amounts: • Longbow Golf Club closed for $23,504,600. • Power Ranch Golf Club closed for $17,106,850. • Dove Valley Ranch Golf Club closed for $16,388,550. As part of the transaction, The Walden Group has selected Thompson Golf Management (TGM) to continue leading operations at all three facilities under a multi-year management agreement. The agreement reflects Thompson Golf Management’s continued evolution as a multi-state owner and operator, with a growing focus on long-term management partnerships. The transaction represents a strategic step forward for both organizations. For Thompson Golf Group, the sale reflects the successful evolution of years of investment, operational excellence, and brand building across three of Arizona’s most respected daily-fee golf properties. For The Walden Group, the acquisition further strengthens its presence in Arizona through the addition of three established clubs in the Greater Phoenix area. Collectively, Dove Valley Ranch Golf Club, Longbow Golf Club, and Power Ranch Golf Club have become staples of Arizona’s public golf landscape, known for their strong community ties, quality golf and hospitality experiences. “We’re incredibly proud of what these clubs have become and the teams that have helped shape them,” said Ryan Thompson, Chief Executive Officer of Thompson Golf Group and Thompson Golf Management. “We’re excited to partner with The Walden Group in this next chapter and continue leading operations at three clubs we know exceptionally well.” Founded by Steven Schorr, The Walden Group has expanded its golf portfolio through a disciplined acquisition strategy focused on premier golf properties with strong operational fundamentals and long-term growth potential. “We are excited to welcome these outstanding Arizona clubs into our growing portfolio,” said Steven Schorr, Principal of The Walden Group. “Dove Valley Ranch, Longbow, and Power Ranch are exceptional clubs supported by talented teams and loyal guests. We look forward to partnering with Thompson Golf Management to continue investing in these properties and the communities they serve.” Thompson Golf Group is a multi-state golf ownership and management company with properties in Minnesota, Arizona, and Texas. Through Thompson Golf Management, the organization oversees daily operations, strategic planning, agronomy, food and beverage, and guest experiences across both public and private golf facilities. About The Walden Group The Walden Group is a private real estate investment and operating company founded in 1993 with a diversified portfolio spanning real estate and an expanding collection of golf properties across the United States. Through its golf division, Courses at Walden, the company acquires and invests in premier golf assets with a focus on long-term stewardship and strategic investment.