Tobiano Changes Hands
Submitted by Brad Ziemer, Nov 14, 2017
Tobiano Golf Course near Kamloops has changed hands. Michael Ternier, a part owner of the Tobiano real estate development, has purchased 100 per cent of the golf course.
“Owning both makes it much easier to integrate many of the operations, and the two will complement the long-term growth and success of each other,” Ternier said in a news release.
He said he has no plans to make significant changes to the golf course operation, but acknowledged Tobiano’s challenging par 5 8th hole could be tinkered with.
Ternier said a top priority for the golf course will be the construction of a hotel to allow for stay-and-play packages.
“The process of determining the best location for our first hotel, the hotel branding, and the selection of an architect is already underway,” he said.