OTCM
GLFEN
Market cap679mUSD
Sep 09, Last price
7.50USD
1D
0.00%
1Q
-7.29%
Jan 2017
-70.56%
IPO
-70.18%
Name
Drive Shack Inc
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Profile
Drive Shack Inc. (DS) is a hospitality entity specializing in golf-centric leisure and entertainment experiences. The company's operations are strategically divided into three distinct segments: Entertainment Golf Venues, Traditional Golf Properties, and Corporate. The Entertainment Golf Venues division manages innovative golf entertainment facilities that merge advanced gaming technology with a sophisticated social atmosphere, offering gourmet food, artisanal cocktails, and diverse social events. It also includes Puttery, an indoor mini-golf and social entertainment concept. As of December 31, 2021, this segment oversaw six owned or leased locations situated across four U.S. states, with specific sites in Orlando and West Palm Beach, Florida; Raleigh and Charlotte, North Carolina; Richmond, Virginia; and The Colony, Texas. Conversely, the Traditional Golf Properties segment focuses on conventional golf course and country club operations across the United States. By the close of 2021, this segment had a portfolio of 55 properties, which it either owned, leased, or managed, spanning nine different states. The Corporate segment encompasses its financial investments, including securities, and general executive management functions. Initially established in 2002, the entity underwent a name change in December 2016, transitioning from its former identity as Newcastle Investment Corp. to Drive Shack Inc. Its corporate headquarters are located in Dallas, Texas.
Key people
Chairman of the Board · since 2007
David M. Hammarley
Chief Financial Officer · since 2018
Sara A. Yakin
Chief Operating Officer · since 2016
Lawrence A. Goodfield
Chief Accounting Officer, Treasurer · since 2018
William J. Clifford
Independent Director · since 2018
Independent Director · since 2019
Virgis W. Colbert
Independent Director · since 2019
Benjamin M. Crane
Independent Director · since 2019
Independent Director · since 2016
Legal address
C/O The Corporation Trust Incorporated
351 West Camden Street
Baltimore, MD 21201
US
351 West Camden Street
Baltimore, MD 21201
US
Headquarters
1345 Avenue of the Americas
New York, NY 10105
US
New York, NY 10105
US
Previous name
Newcastle Investment Corp.
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