Life in Las Campanas is good. With 2 Jack Nicklaus Signature golf courses, a world class equestrian center, a beautiful spa and fitness center complete with an indoor and outdoor pool, at fitness room, and multiple spa services, and a central clubhouse with a very nice restaurant, Las Campanas offers amenities that no other development in Santa Fe can. However, as many Santa Feans know, Las Campanas has encountered some stumbling blocks over the past couple of years.

After numerous rumors, signs, and opinions on the financial stability of the development,  the original developer, Lyle Anderson real estate holdings, was acquired by the Bank of Scotland. Lyle Anderson had multiple developments, and apparently they had bitten off more than they could chew. When the bank of Scotland took over changes were made immediately, one of which was to furlough all services that Las Campanas has to offer.  Overnight all amenities (except basic upkeep of the equestrian center) were shut down indefinitely, sending significant ripples through the community. Fortunately, 1) The owners and members of the club took immediate actions, and 2) the “shut down” only lasted two weeks.

This action prompted an accelerated process to transfer the ownership of The Club from the bank to the residents, which was supposed to happen eventually anyway.  And after about a year of negotiations, an agreement has now been reached.  As of Wednesday of this past week (May 5th), the owners are now in control, and, hopefully, the Club will continue to thrive and provide the world class amenities that the residents are accustomed to (and have paid for).

We’re happy to see the members taking control of the club, and hope to watch the Las Campanas community continue to thrive and grow.

Contact Matt Desmond and Ryan Bolton

Tags: Las Campanas Club, Las Campanas Equestrian Center, Las Campanas Fitness Center, Las Campanas Golf, las campanas homes, Las Campanas Restaurant, Las Campanas Spa, luxury real estate brokers, matt desmond, Ryan Bolton