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Long Miacomet

I’ve always thought Miacomet was an undervalued area, but now with the brand new Miacomet Golf Clubhouse about to open, I think it is really undervalued. I imagine we’ll see a similar effect to the area as Cliff saw after The Westmoor Club was built, albeit not as profound. My friend, who is a scratch golfer, said Miacomet played better than Sankaty Head Golf Club and Nantucket Golf Club this past summer, and Sankaty and Nantucket are world class courses. Time will tell, but I’m long Miacomet.

Year over year comparison of YTD total volume:

’09 – $339mm *Lowest total yearly volume.
’10 – $569mm
’11 – $430mm
’12 – $639mm
’13 – $640mm
’14 – $866mm *$1bn+ year.
’15 – $728mm
’16 – $848mm
’17 – $919mm *$1bn+ year.
’18 – $945mm *Highest total yearly volume. $1bn+ year.
’19 – $810mm