There is no agreement in place to sell Suffolk Downs to a real estate developer, but the property remains on the market, according to the track's management.
Nat Rea's Regis Farms has purchased 367 acres of the former Hopewell Farm property in Woodford County for $5.2 million.
Real Estate was represented by his first winner Aug. 29 when his first starter, Sharp Razor, emerged victorious in the first race at Hollywood Casino At Charles Town Races, a maiden special weight event.
Penn National Gaming Inc. plans to separate its gaming operating assets and real property assets into two publicly traded companies.
With the surprising retirement of Benny the Bull and the disappointing effort by Midnight Lute last weekend, all of a sudden the sprint division has become wide open. Should he claim victory in the $250,000 Forego Stakes (gr. I) Aug. 30 at Saratoga, Shadwell Stable's Lucky Island could catapult himself into the upper echelon of those ranks.
Land of Believe Farm, located in central Pennsylvania about one mile from Hollywood Casino at Penn National Race Course, will be sold at auction Aug. 21.
- By Esther Marr
Satish Sanan bagged his first Triple Crown race victory this spring as part owner of Curlin, who won the Preakness Stakes (gr. I). But he would very much like to win the Run for the Roses and will try to achieve that goal while based in Kentucky.
- By Tracy Gantz
Gary Broad, owner of recent Californian Stakes (gr. II) winner Buzzards Bay, purchased the Aldabbagh Ranch at auction June 7 for $7.7 million.
Magna Entertainment Corp. said June 7 it has agreed to sell its San Luis Rey Downs training facility in Southern California to a subsidiary of MI Developments, its parent company, for $24 million.
Shekih Mohammed's Darley operation has purchased a 106-acre farm adjacent to Saratoga Racecourse from Robert and Janice McNairs' Stonerside Stable for $17.4 million.
- By Tom Precious
The New York Racing Association is now saying the state comptroller didn't approve its plan to sell a large number of parcels of land at Aqueduct.
Real estate investors continue to go after farms in Central Kentucky and Ocala, Fla. Many of the properties are remaining agricultural in nature, according to real estate agents.
The much talked-about sale of Buckram Oak Farm to Kendall Jackson winery owner Jess Jackson closed Feb. 4, an adviser to Jackson confirmed Feb. 7.
Two farm properties with historical significance to the Thoroughbred industry near Ocala, Fla., were involved in recent sale transactions.
- By Dan Liebman
The bloodstock market is not the only thing that has been healthy in Central Kentucky in 2004. So too has the real estate market.
E.K. Gaylord II has sold the Gaillardia Farm operation near Versailles, Ky., he founded in 2001 to his sister, Mary Gaylord McClean. In turn, McClean has listed the 179-acre property near Versailles, Ky., for $5.25 million.
- By Ben Baugh
South Florida-based trainer Stanley Ersoff has sold his Triple "E" Farm near Ocala, primarily because of time constraints.
Dixiana Farm near Lexington, and Gardens Glen Farm near Midway, Ky., are for sale.
- By Ben Baugh
A proposed Wal-Mart distribution center that would mean additional jobs for Marion County, Fla., continues to be a source of concern for many area farm owners.
- By Ben Baugh
Real estate in Marion County, Fla., continues to remain an active commodity. A number of recently listed Thoroughbred farms have drawn the interest of prospective buyers.
Cardinal Training Center, a Thoroughbred training facility that has been a fixture in northwest Ocala for nearly 20 years, has been listed for sale for $3.5 million.
Two historical properties are for sale in prime horse country in two different states: Kentucky and Virginia.
Members of the Thoroughbred industry share their hopes and predictions for 2002.
- By Ben Baugh
The late Fred Hooper's Hooper Farm, a farm that contributed to Marion County Florida's emergence as a preferred address for Thoroughbreds, has been sold to Ocala-based Four Star Land Holding. Plans call for the farm to be renamed the Farms at Hooper, and be divided into smaller parcels.
Four years after they purchased and expanded Highland Farm near Paris, Ky., George and Kay Hofmeister have listed the Bourbon County estate for sale for $60 million.
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