Meriwether Companies, a private real estate investment and development firm based in Santa Monica, has acquired Morgan Run Club & Resort located in Rancho Santa Fe. Situated across 200 acres, the resort has long attracted members and guests seeking outdoor fitness offerings and boutique accommodations.
David Likins, partner of Meriwether Companies commented on the acquisition: “We recognized an incredible opportunity to shape the future of what we consider to be a true diamond in the rough – a classic Southern California golf escape with rich history dating back to 1960s”. He further added that there is gap in market for more casual yet vibrant community-oriented club that aligns with north coastal San Diego market.
To enhance and reimagine Morgan Run property including its racquet sports, golfing facilities dining options as well as hotel components; Meriwether will invest over $25 million over next two or three years on design planning process already underway.
