Meriwether Companies, a private real estate investment and development firm based in Santa Monica, has acquired Morgan Run Club & Resort in Rancho Santa Fe, approximately 20 miles north of downtown San Diego. Spanning 200 acres of land, Morgan Run has long been a popular destination for those seeking outdoor fitness activities and boutique accommodations.
David Likins – Partner at Meriwether Companies – commented on the acquisition: “We identified an extraordinary opportunity to shape the future of what we consider to be a true diamond in the rough; a classic Southern California golf escape with history dating back to the 1960s”. He went on to explain that there is currently an unmet need for more casual yet vibrant clubs that align with north coastal San Diego market demands.
To bring this vision into reality Meriwether will invest over $25 million into enhancing and reimagining property components such as racquet sports facilities, golf courses, dining areas and hotel amenities over two-to-three years time frame. Designing plans are already underway!
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