Randy Lahn, owner of Lahn Hospitality & Amusement Group and Cherry Hill-based Lahn Real Estate, has closed on buying the Woodcrest Country Club and renamed it the Legacy at Woodcrest.
Lahn and his wife, Patricia Lahn, put the a 178-acre property that has operated since 1929 in Cherry Hill, under agreement in August and had targeted closing on the transaction at the end of this year. Terms of the sale weren’t disclosed. The Lahns bought the property at 300 Evesham Road from an entity affiliated with First Montgomery Group and has plans to spend between $5 million and $10 million on various capital improvements to the property.
In addition to Lahn and his wife Patricia, son and daughter, the ownership group includes Brian Williams, CEO of Funplex Amusement Centers. Woodcrest’s current director of operations, Patrick Lucas, will continue as part owner and superintendent at the course.
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