Latest news with #Monomoy
USA Today
7 days ago
- General
- USA Today
This Massachusetts golf club has a lot of mystique — and that's not by design
This Massachusetts golf club has a lot of mystique — and that's not by design BREWSTER. Mass. — For its nearly 25-year history, Cape Cod National Golf Club has largely remained a mystery. When mentioned in casual conversation, it's normal to get a response to the effect of, 'Oh, so that's where it is,' or 'I didn't know there was another course in Brewster.' It's definitely not a negative reflection on Cape Cod National, nor is it by design. 'We're not trying to be flashy or showy,' General Manager and President Mike Walker said. 'We're just trying to put out a great golf experience (for our members), and when we open up the gates to bring an event like this, to extend that to whoever is coming here, and then let word and mouth do its thing.' The 18-hole championship layout sits along Route 28 in a blink-and-you-miss-it fashion. There is no sign but rather an ordinary oversized mailbox that reads 'CCNGOLF.' It's accessible to members only. While that is the case, Cape Cod National has peeled back the veil of its jewel course for some of the state's top amateur competitions over the last 15 years. It's also built one of the premier one-day high school golf tournaments in Massachusetts, one that Walker hails as one of his favorite events on the calendar. It has since played host to U.S. Amateur Championship and U.S. Women's Open qualifiers, as well as state championships, and provided a stern test for the Tri-State Matches. In 2025, it became just the 18th Massachusetts-based club to host the historic 121-year-old Griscom Cup. 'We all have to pitch in, and we like to lead by example in that, by trying to bring events out here—sometimes we offer, sometimes they ask us, but we think it's something that's important for all clubs to do,' Walker said. 'We're proud to be a championship-level golf course, and anytime we can get the best players from anywhere out here to compete, we want to do that.' The Massachusetts Golf Association knows Cape Cod National produces worthy champions and already selected it as a future host of the Massachusetts Mid-Amateur Championship. The Tri-State Matches will return to the site in 2027. Caddies Caddies have walked the fairways of Cape Cod National every summer since its inception in 1998. That was the case this week as 16 caddies went under the straps to carry bags and help Griscom Cup competitors navigate the course under championship conditions. 'It was awesome,' Monomoy senior Jackson Rocco said. 'It's kind of makes you feel like you're part of like their team. It makes you want them to win, and it gets you to work even harder.' The golfers were just as appreciative as the caddies were enthusiastic to be part of the experience with some of the top amateur players. Since 2008, 35 caddies at Cape Cod National have gone on to become Ouimet Fund Scholars and CCN Endowed Scholarship recipients, while 24 have been honorary scholars. That's a testament to the more than half a million dollars that the membership has invested into scholarships, which has made it the largest club-sponsored scholarship within the Ouimet Fund. 'It was our goal to get (caddies) out there for this event,' Cape Cod National's Head of Outside Operations Doug Comstock said. 'They sacrificed their time, came out here and crushed it.' One of Comstock's roles is to get as many caddies as possible out on any given day during the peak season. Comstock, who has been in his role for the last five seasons, gets the biggest excitement watching young kids grow up in front of his eyes — more than just the three to six inches of physical growth. 'I get to watch them become mature young men and women,' he said. 'I see them maturing mentally and getting more and more comfortable with their communication skills.' 121st Griscom Cup MassGolf overturned a six-point deficit on Day 2 of the Griscom Cup to outlast the Women's Golf Association of Philadelphia last Wednesday. The team from Massachusetts won with a team score of 41 points, while Philadelphia's representation posted 35. Women's Metropolitan Golf was third with 32 points. In the Senior Inter-City Matches, the WGAP topped the table with 33.5 total points. MassGolf placed second (29) and WMGA was third (9.5). What is the Griscom Cup? The Griscom Cup is an intercity competition with a history that dates back to 1898. Today, esteemed women amateur golfers from the Massachusetts Golf Association, Women's Golf Association of Philadelphia and the Women's Metropolitan Golf Association battle for the trophy. The annual three-year rotation began in 1903, which was one year after Boston initially competed in the competition. Allen Gunn covers high school sports for the Cape Cod Times. You can contact him at agunn@ and follow him on X at @allentgunn.
Yahoo
04-02-2025
- Business
- Yahoo
Great Elm Group Expands Real Estate Enterprise Launching Monomoy Construction Services
Great Elm purchases the assets of Greenfield CRE, a premier construction and project management company; highlights Great Elm's momentum in real estate, enhancing Monomoy's ability to service its tenants with a full suite of construction services adjacent to its industrial asset management and development business led by Monomoy CRE PALM BEACH GARDENS, Fla., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Great Elm Group, Inc. ('we,' 'us,' 'our,' 'GEG' or 'Great Elm,') (NASDAQ: GEG), an alternative asset manager, today announced the formation of Monomoy Construction Services, LLC ('MCS') upon acquisition of Greenfield CRE's ('Greenfield's') assets. The result will combine the construction talent from Greenfield with civil engineering and land planning talent at Monomoy BTS Construction Management to form MCS, which will operate adjacent to Monomoy's industrial asset management business Monomoy CRE, LLC ('MCRE') (together with MCS, 'Monomoy'), to provide an integrated business model in the industrial real estate market. With this acquisition, Monomoy will offer a full-service suite of project management, procurement, construction management, asset management, market analysis and feasibility for its industrial real estate tenants. Strategic Considerations The transaction is part of GEG's strategy to grow its existing real estate franchise by bringing Greenfield, Monomoy's existing general contractor partner, in-house. Greenfield shares a seasoned relationship with Monomoy and has detailed knowledge of Monomoy's development projects and tenant expectations. This unique opportunity enhances the overall Monomoy enterprise in procurement and construction management expertise, enabling the business to propel its focus on construction opportunities for its existing industrial tenant base. The acquisition enables increased fee revenue from construction consulting and build-to-suit projects, while lowering in-house execution costs, allowing competitive pricing to further drive business growth. Management Commentary Jason Reese, Executive Chairman of GEG, said, 'The Monomoy Construction Services transaction represents a successful outcome for Great Elm's shareholders. This marks the latest in a series of strategic actions taken to enhance our focus and capabilities across our industrial real estate platform.' Chris Macri, President of MCRE, stated, 'We welcome the Greenfield team as trusted colleagues with whom we have worked extensively. As a combined platform, we intend to pursue a robust pipeline of construction opportunities for our tenants, leading the way for creative real estate solutions in the industrial real estate and development market.' Key Hire MCS hires Brandon Finomore, the former President of Greenfield CRE, to lead its construction services business. Mr. Finomore joins Monomoy with over 20 years of real estate development expertise, managing and directing projects across the US ranging from $500,000 to $30,000,000. Licensed as a general contractor with the ability to run projects nationally, Mr. Finomore will work alongside the President of Monomoy, Chris Macri, to carry out Monomoy's strategic construction initiatives. As part of the transaction, GEG has awarded 276,182 restricted shares of GEG stock to Mr. Finomore that will vest on the 5th year anniversary of the grant date. These restricted shares were granted as a material inducement to Mr. Finomore's entry into employment with MCS, an affiliate of GEG, in accordance with Nasdaq Listing Rule 5635(c)(4). About Great Elm Group, Inc. Great Elm Group, Inc. (NASDAQ: GEG) is a publicly-traded, alternative asset manager focused on growing a scalable and diversified portfolio of long-duration and permanent capital vehicles across credit, real estate, specialty finance, and other alternative strategies. Great Elm Group, Inc. and its subsidiaries currently manage Great Elm Capital Corp., a publicly-traded business development company, and Monomoy Properties REIT, LLC, an industrial-focused real estate investment trust, in addition to other investments. Great Elm Group, Inc.'s website can be found at About Monomoy CRE, LLC & Monomoy Construction Services, LLC Monomoy CRE, LLC ('MCRE') and Monomoy Construction Services, LLC ('MCS'), subsidiaries of GEG (together 'Monomoy') provide a full-service real estate services enterprise that provide solutions for our tenants through property management, real estate investments, construction and development. Monomoy invests in build-to-suit and existing Class A, B, and C single-tenant industrial properties across the US, focusing on equipment rental, building supply, materials, manufacturing, warehousing, distribution, and logistics, while specifically targeting critical markets with economic growth. About Greenfield CRE Greenfield CRE is an innovator in the commercial real estate industry, with a focus on development, construction management, property management, and acquisitions across the United States. Greenfield provides third-party development services to select clients focusing on site selection, building planning, market review, construction management, and advisory services. Greenfield has a nationwide coverage area and has a specialty focus on the industrial outdoor storage (IOS) commercial real estate space. Cautionary Statement Regarding Forward-Looking Statements Statements in this press release that are 'forward-looking' statements, including statements regarding expected growth, profitability, acquisition opportunities and outlook involve risks and uncertainties that may individually or collectively impact the matters described herein. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made and represent GEG's assumptions and expectations in light of currently available information. These statements involve risks, variables and uncertainties, and GEG's actual performance results may differ from those projected, and any such differences may be material. For information on certain factors that could cause actual events or results to differ materially from GEG's expectations, please see GEG's filings with the Securities and Exchange Commission ('SEC'), including its most recent annual report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Additional information relating to GEG's financial position and results of operations is also contained in GEG's annual and quarterly reports filed with the SEC and available for download at its website or at the SEC website This press release does not constitute an offer of any securities for sale. Media & Investor Contact:Investor Relationsgeginvestorrelations@
