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Published: Wednesday, 5/27/2009

Pennsylvania firm takes title to Swanton golf club

A year after purchasing Swanton s Valleywood Golf Club at a Lucas County sheriff s sale, a Pennsylvania investment firm has finished the transaction and has taken possession of the course.

Titan Loan Investment Fund of Fort Washington, Pa., received the deed this month to the golf club at 13501 Airport Hwy., according to the county auditor s office. The club will run as Titan Valleywood LLC, and the course and club are expected to operate as usual.

Titan launched a foreclosure action against the former owners Valleywood Golf Club in 2007 after the club defaulted on $2.4 million in loans held by Titan Loan Investment. It was not clear why closing the property took so long after the purchase.



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