Latest news with #Pinehurst
Yahoo
10 hours ago
- Business
- Yahoo
Bluerock Value Exchange Launches $37.8 Million 1031 Exchange BR Churchill Downs Multifamily DST in Pinehurst, NC
NEW YORK, June 20, 2025 /PRNewswire/ -- Bluerock Value Exchange (BVEX), a 20-year, national sponsor of 1031 exchange and Delaware Statutory Trust (DST) investment programs, announced the launch of its latest 1031 exchange/DST offering known as BR Churchill Downs, DST ("Churchill Downs" or "DST") which is seeking to raise approximately $37.8 million from accredited investors. Churchill Downs multifamily offering represents BVEX's 42nd individual DST program. BVEX believes Churchill Downs represents an attractive investment opportunity in a unique low-density, direct-entry townhome and garden-style apartment community located in the Pinehurst, North Carolina Metro, which ranks in the top 10 among all small market regions in the U.S. and is known as the home of American Golf.1,2 The DST seeks to provide investors with monthly cash flow, the potential for appreciation driven by strong economic and population growth in the region, as well as the opportunity to significantly grow rental income through a targeted unit value-add / upgrade program. "We believe this is a very timely and favorable entry point for investing in apartments. The sector is poised to greatly benefit with forecasted increasing rents driven by a significant decline in new construction, which is leading to undersupply of housing options, the high cost of home ownership compared to renting, and continued high household formation," said Josh Hoffman, President of BVEX. "We selected Churchill Downs due to its well-respected national metro recognition and high growth location and the value-add / upgrade investment opportunity, which we believe can generate a great return on investment for investors," added Hoffman. About Bluerock Value Exchange With a 20-year track record, Bluerock Value Exchange is a national sponsor of syndicated 1031-exchange offerings with a focus on Premier Exchange Properties™ that seek to deliver stable cash flows and potential for value creation. Bluerock has structured 1031 exchanges of more than $2.8 billion in total property value and more than 14 million square feet of property. Additional information can be found at About Bluerock Bluerock is a leading institutional alternative asset manager with more than $19 billion of acquired and managed assets headquartered in Manhattan with regional offices across the U.S. Bluerock principals have a collective 100+ years of investing experience with more than $120 billion real estate and capital markets experience and have helped launch leading private and public company platforms. Additional information can be found at 1 POLICOM 2024 Economic Strength Rankings, Pinehurst Metro ranked #10 (out of 543) micropolitan regions in the nation. 2 Moore County Economic Development Partnership. View original content to download multimedia: SOURCE Bluerock Value Exchange
Yahoo
2 days ago
- Sport
- Yahoo
Unfortunate News About Multiple Golfers Announced Last Minute at Travelers Championship
Unfortunate News About Multiple Golfers Announced Last Minute at Travelers Championship originally appeared on Athlon Sports. The final signature event of the season tees off this Thursday. Scottie Scheffler, who won the Travelers Championship in 2024, will be aiming to defend his title. Advertisement Rory McIlroy has also expressed his excitement to return to Pinehurst after missing the event last time. But concerning news about multiple golfers is coming forward last minute. According to a report, Hideki Matsuyama is listed with ongoing back issues, while Jason Day, the $64 million golfer, continues to be hampered by neck pain. Additionally, Alex Noren, the $16.5 million golfer, is battling a leg injury, and Brian Campbell is still recovering from his shoulder discomfort. Adding to the anxiety, Corey Conners has officially withdrawn from the tournament due to a worsening right wrist injury sustained at the U.S. Open. His withdrawal on June 17 opened a spot in the field for Jhonattan Vegas. The inclusion of injured players in the official field announcement has caused a stir, as all of them are listed in the playing list. Campbell is paired with Bud Cauley, Day with Max Homa, Noren with Cam Davis and Matsuyama with Justin Thomas. Jason Day putts on the 18th green during the second round of the U.S. Open.© Bill Streicher-Imagn Images These golfers have not yet withdrawn from the event. With a purse of $20 million, there is considerable excitement among the golfers and fans alike. Advertisement 'Looking forward to the week. This is the perfect sort of chaser for what Oakmont was last week, and nice to get out on a golf course where you feel you can make quite a few birdies.' McIlroy expressed. "After a week like I had at Oakmont last week, where you're not quite in the mix but you might feel you find something in your game, you're excited to come back and play again." He added. Related: PGA Tour Golfer Withdraws From Travelers Championship This story was originally reported by Athlon Sports on Jun 18, 2025, where it first appeared.
CNN
7 days ago
- Sport
- CNN
Sam Burns is playing free at Oakmont's treacherous course. It's put him atop the US Open leaderboard going into the weekend
Sam Burns came into Friday knowing that he could play at Oakmont. He also knew what the course could do to him, having finished with three bogeys and one double bogey during Thursday's opening round. Burns chose not to dwell on how his round ended and instead focused on the five birdies that came earlier. 'I played really well yesterday other than the finishing holes,' he said to reporters after his round Friday. 'So, I think today was just kind of getting mentally ready to come out and try to put a good round together. I feel like I've been playing well coming off last week and into this week and my round yesterday. Really just trying to get yourself in position out here and give yourself as many looks as you can.' What came on Friday might be the round of his life. On this most difficult of courses – only three players are under par after 36 holes – Burns shot a 5-under 65 that left him in sole control of the US Open halfway through the tournament. It's the first time he's had at least a share of the lead at this point in a major championship and was just two shots shy of the course record 63, set by Johnny Miller in the 1973 edition of this tournament. Burns is a five-time winner on the PGA Tour but has only finished in the top 10 at a major once – at last year's US Open at Pinehurst. He's known as one of the best putters on the tour but is coming off a week where his putter failed him at a critical moment. On the first playoff hole of the RBC Canadian Open last week, Burns had a five-foot putt to win the tournament. Instead, his ball hit the lip of the cup and rimmed out; on the second playoff hole he three-putted and would finish in second. This week, there has been no sign of a hangover. 'I think especially around here, honestly it kind of forces you to take your medicine because a lot of times that's the only option you have,' Burns said Friday of playing Oakmont. 'I think for this golf course, you really just have to free it up. It's too hard to try to guide it around here. You're going to hit some in the rough, you're going to hit some in some bad spots, you might as well do it with authority.' The 125th US Open is being played for a record tenth time at Oakmont Country Club in Pennsylvania where CNN's Patrick Snell is in the rough to show you just why the famed country club has long been considered one of the toughest courses in the country. #cnn #news #sports #golf #usga #usopen #oakmont #golfing #oakmontcountryclub Burns will start Saturday with a share of the lead and will have the eyes of the many spectators at Oakmont on him, a stark contrast to Friday when the biggest crowds only paused to watch his shots when Scottie Scheffler's group was passing by a nearby hole. Scheffler and Burns are good friends and often travel together on tour, but it's the No. 1-ranked Texan who is usually in the spotlight. Such was Burns' play on Friday that Scheffler was answering questions about his buddy after his round was over. He plays golf very freely, and he's got really good natural instincts when it comes to his putting,' Scheffler said, 'and a lot of it is just very reactionary. He's got good fundamentals, good instinct, and he putts very reactionary. That's really all there is to it, it's as simple as that.' That's the lesson that Burns learned at Pinehurst No. 2 last year when he finished tied for ninth. It's counterintuitive, especially on such a big stage, but Burns said his whole mindset is based on allowing Oakmont to be the beast that it is. He told reporters he had no real goals for a score he'd like to shoot. He wasn't obsessing over the putts that didn't go in because he felt like doing so would be greedy. And, as one of the players in the tournament without a major championship to his name, the most important thing was taking the pressure off. 'I just feel like I've tried to play too perfect and tried to force it a little bit at times. Sos trying to really be patient and take what the golf course gives me,' Burns said. Oakmont has so far rewarded the players who take a patient approach with it. It has a way of humbling players who try to impose their will on this monster of a track. Take Thriston Lawrence for example. The South African started Friday with a par and then three straight birdies. Playing with confidence, he let his driver hunt after that, going for the big drives that he likes to hit and playing aggressively as he played himself into a three-stroke lead. Oakmont rewarded that confidence with three straight bogeys. Then another. Then two more. Then a double bogey. And when he was about to finish up his round, the skies opened up and USGA officials suspended play for the night, much to his chagrin. This course outside Pittsburgh, Pennsylvania, isn't rewarding many players this week – let alone forgiving their mistakes. Burns' short game, and willingness to take what he gets, is helping him get to the top. 'Look, this golf course is very tough and you're going to get the ball out of position and you're going to get in some spots that are tricky. I think being able to rely on your short game and give yourself a chance at par is really important,' he said. The question now coming into the weekend is how long will Burns stay atop the leaderboard. He's put himself in historically good position – 11 of the last 12 US Open champions were in the top five after the first two rounds. He's sanguine about it all. 'It's a 72-hole golf tournament, and if you can get a round under par out here, no matter if it's 1-under, you'll take it,' he said, adding, 'I'm looking forward to the weekend.' His friend Scheffler hinted there might be a bit more fire underneath that calm exterior. 'Sam is one of those guys, he's like me in a sense that he's a hyper-competitive person,' Scheffler said. 'I think you always dream of having a chance to win these tournaments, and he's put himself in position a few times at majors, and he's in position again.
CNN
7 days ago
- Sport
- CNN
Sam Burns is playing free at Oakmont's treacherous course. It's put him atop the US Open leaderboard going into the weekend
Sam Burns came into Friday knowing that he could play at Oakmont. He also knew what the course could do to him, having finished with three bogeys and one double bogey during Thursday's opening round. Burns chose not to dwell on how his round ended and instead focused on the five birdies that came earlier. 'I played really well yesterday other than the finishing holes,' he said to reporters after his round Friday. 'So, I think today was just kind of getting mentally ready to come out and try to put a good round together. I feel like I've been playing well coming off last week and into this week and my round yesterday. Really just trying to get yourself in position out here and give yourself as many looks as you can.' What came on Friday might be the round of his life. On this most difficult of courses – only three players are under par after 36 holes – Burns shot a 5-under 65 that left him in sole control of the US Open halfway through the tournament. It's the first time he's had at least a share of the lead at this point in a major championship and was just two shots shy of the course record 63, set by Johnny Miller in the 1973 edition of this tournament. Burns is a five-time winner on the PGA Tour but has only finished in the top 10 at a major once – at last year's US Open at Pinehurst. He's known as one of the best putters on the tour but is coming off a week where his putter failed him at a critical moment. On the first playoff hole of the RBC Canadian Open last week, Burns had a five-foot putt to win the tournament. Instead, his ball hit the lip of the cup and rimmed out; on the second playoff hole he three-putted and would finish in second. This week, there has been no sign of a hangover. 'I think especially around here, honestly it kind of forces you to take your medicine because a lot of times that's the only option you have,' Burns said Friday of playing Oakmont. 'I think for this golf course, you really just have to free it up. It's too hard to try to guide it around here. You're going to hit some in the rough, you're going to hit some in some bad spots, you might as well do it with authority.' The 125th US Open is being played for a record tenth time at Oakmont Country Club in Pennsylvania where CNN's Patrick Snell is in the rough to show you just why the famed country club has long been considered one of the toughest courses in the country. #cnn #news #sports #golf #usga #usopen #oakmont #golfing #oakmontcountryclub Burns will start Saturday with a share of the lead and will have the eyes of the many spectators at Oakmont on him, a stark contrast to Friday when the biggest crowds only paused to watch his shots when Scottie Scheffler's group was passing by a nearby hole. Scheffler and Burns are good friends and often travel together on tour, but it's the No. 1-ranked Texan who is usually in the spotlight. Such was Burns' play on Friday that Scheffler was answering questions about his buddy after his round was over. He plays golf very freely, and he's got really good natural instincts when it comes to his putting,' Scheffler said, 'and a lot of it is just very reactionary. He's got good fundamentals, good instinct, and he putts very reactionary. That's really all there is to it, it's as simple as that.' That's the lesson that Burns learned at Pinehurst No. 2 last year when he finished tied for ninth. It's counterintuitive, especially on such a big stage, but Burns said his whole mindset is based on allowing Oakmont to be the beast that it is. He told reporters he had no real goals for a score he'd like to shoot. He wasn't obsessing over the putts that didn't go in because he felt like doing so would be greedy. And, as one of the players in the tournament without a major championship to his name, the most important thing was taking the pressure off. 'I just feel like I've tried to play too perfect and tried to force it a little bit at times. Sos trying to really be patient and take what the golf course gives me,' Burns said. Oakmont has so far rewarded the players who take a patient approach with it. It has a way of humbling players who try to impose their will on this monster of a track. Take Thriston Lawrence for example. The South African started Friday with a par and then three straight birdies. Playing with confidence, he let his driver hunt after that, going for the big drives that he likes to hit and playing aggressively as he played himself into a three-stroke lead. Oakmont rewarded that confidence with three straight bogeys. Then another. Then two more. Then a double bogey. And when he was about to finish up his round, the skies opened up and USGA officials suspended play for the night, much to his chagrin. This course outside Pittsburgh, Pennsylvania, isn't rewarding many players this week – let alone forgiving their mistakes. Burns' short game, and willingness to take what he gets, is helping him get to the top. 'Look, this golf course is very tough and you're going to get the ball out of position and you're going to get in some spots that are tricky. I think being able to rely on your short game and give yourself a chance at par is really important,' he said. The question now coming into the weekend is how long will Burns stay atop the leaderboard. He's put himself in historically good position – 11 of the last 12 US Open champions were in the top five after the first two rounds. He's sanguine about it all. 'It's a 72-hole golf tournament, and if you can get a round under par out here, no matter if it's 1-under, you'll take it,' he said, adding, 'I'm looking forward to the weekend.' His friend Scheffler hinted there might be a bit more fire underneath that calm exterior. 'Sam is one of those guys, he's like me in a sense that he's a hyper-competitive person,' Scheffler said. 'I think you always dream of having a chance to win these tournaments, and he's put himself in position a few times at majors, and he's in position again.
USA Today
12-06-2025
- Sport
- USA Today
What is the 2025 US Open cut line? Player tracker, who could miss projected cut
What is the 2025 US Open cut line? Player tracker, who could miss projected cut Show Caption Hide Caption Xander Schauffele ready for Oakmont's tough test Xander Schauffele calls Oakmont a true test, where hitting fairways and greens is the only way to survive. USGA The 2025 U.S. Open is no cakewalk and can be quite challenging to make it past the cut line and play into the weekend. Just around 40% of the 156-person field will tee off in the third round as the U.S. Open has one of the tougher cut lines to make than the other majors; only the top 60 players and ties will advance after 36 holes – the end of the second round. The third major of the year takes place at Oakmont Country Club near Pittsburgh, and the 7,372-yard, par-70 course doesn't give out many freebies. Birdies are hard to come by, so mistake-free golf will likely be required to advance to the third and final rounds. First-round action is still underway with the second round on June 13, meaning there's plenty of time for golfers to improve or worsen their outlook. Here's what to know about the possible cut line at Oakmont. US OPEN LEADERBOARD: Scores, highlights from first round US Open projected cut line As of 4:30 p.m. ET on June 12, the projected cut line for the 2025 U.S. Open is +6, according to the predictive model used by The site notes there is a 36.2% chance the cut line is 6-over-par. Of course, the cut line could shift. gives a 34.9% chance the cut line is +7, and a 13.2% chance it goes to +5. While it seems high, the projected cut line is on par with what it's been at the course before. Oakmont last hosted the U.S. Open in 2016, and the cut line was +6. In 2007, the cut line was a dramatic 10+. Here is the recent history of what the cut line has been at the U.S. Open 2024: +5 (Pinehurst No. 2 in Pinehurst, North Carolina) 2023: +2 (Los Angeles Country Club in Los Angeles) 2022: +3 (The Country Club in Brookline, Massachusetts) 2021: +4 (Torrey Pines Golf Course in San Diego) 2020: +6 (Winged Foot Golf Course in Mamaroneck, New York) 2019: +2 (Pebble Peach Golf Links in Pebble Beach, California) 2018: +8 (Shinnecock Hills Golf Club in Shinnecock Hills, New York) 2017: +1 (Erin Hills in Erin, Wisconsin) 2016: +6 (Oakmont Country Club in Oakmont, Pennsylvania) US Open 2025 cut line: Golfers to watch Scores as of 4:30 p.m. ET on June 12 Hideki Matsuyama: +4 Rory McIlroy: +4 Wyndham Clark: +4 Phil Mickelson: +4 Cameron Smith: +5 Dustin Johnson: +5 Patrick Cantlay: +6 Justin Rose: +7 Mason Howell: +7 Shane Lowry: +9 The USA TODAY app gets you to the heart of the news — fast. Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.
