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Darius M Hatami, MAI, Golf

Managing Director, San Francisco
  •   [email protected]
  •   +1 (303) 301-1126 (Work)
  •   English
  •   Business Card
  • Consulting Experience
  • Education
  • Clients
  • Affiliations
  • Teaching and Lecture Assignments
  • Authored Publications
  • Expert Witness

Consulting Experience

Darius Hatami is Managing Director of HVS Golf Services, based in Capitola, California. Darius is a graduate of the University of Colorado and has been involved in various aspects of golf and community development for over 20 years. In 1995, Darius founded Golf Catalyst after beginning his career with THK Associates. In 2004, Darius became part of the HVS family, and provided studies to hundreds of golf and resort community clients throughout the United States, Canada, Mexico, the Caribbean, Central America, Asia and Europe. His expertise encompasses valuation and feasibility studies as well as strategic, financial, residential economic planning, membership planning as well as integrating golf with residential and resort aspects of master planned communities.

Darius worked with a variety of clients, including investment bankers, developers, exclusive private clubs and communities, resorts, as well as municipal and governmental entities. Specific clients have included international lenders and owners such as Lehman Brothers, Deutsche Bank, Barclays Capital, Club Corp, and CNL. Mr. Hatami has also provided litigation support, and testified as an expert in US Bankruptcy court. Properties appraised include Pinehurst, Peninsula Papagayo, The Yellowstone Club, Vilamoura, PGA West, PGA National TPC Sawgrass, La Quinta, Boca Raton CC, and Cordillera. He is a certified general appraiser in numerous states and has been a guest speaker on golf community and feasibility issues.

From 1998 until 2005, Darius served as Managing Partner of the Rio Grande Club, a high end resort/private golf club in South Fork, Colorado. This course was named as the 6th Best Upscale Public Course by Golf Digest in 2003. As Managing Partner, Darius has been involved in the day to day management of facility, as well as the integration of the golf club with the residential and resort aspects of the community. The range of responsibility included, defining the membership structure, assisting on management and personnel decisions and consulting on amenities and clubhouse design.

Education

University of Colorado-Boulder
Bachelor of Arts-Economics (1985)

NCRE 208 Standards and Ethics
NCRE 007-401 Real Estate Law and Practice

Appraisal Institute Courses:

  • 110 - Appraisal Principles

  • 310 - Basic Income Capitalization

  • 320 - General Applications

  • 410 - National Uniform Standards of Professional Appraisal Practice (USPAP)

  • 420 - Standards of Professional Appraisal Practice Part B

  • 510 - Advanced Income Capitalization

  • 520-Highest and Best Use

  • 530-Advanced Income and Sales

  • 540-Report Writing

  • 550-Advanced Applications

  • 700 - The Appraiser as an Expert Witness: Preparation and Testimony

Clients




  • Affiliated Bankshares

  • Alabama Elk River Development

  • Arizona Golf Association

  • AT&T Capital

  • Bank of Colorado

  • Bank of New England

  • Bank One

  • Barbican Properties, Inc.

  • Barclays Capital

  • Battlement Mesa Partners

  • Bear, Stearns & Co. Inc.

  • Blackstone Real Estate Advisors

  • Blue T Golf

  • Boetcher & Co.

  • Boulder Golf Association

  • Brian Head Resort

  • Buena Vista Hospitality Group

  • Bullhead Laughlin Land Company

  • Burr Wolff

  • Canyon Equities

  • Canyon Ranch

  • Cameron County Parks

  • Central Sports

  • ClubCorp, Inc

  • Chase & Company

  • Chesterfield County Parks

  • City & County of Denver

  • City of Ashland

  • City of Aurora

  • City of Battle Creek

  • City of Bay City

  • City of Beavercreek

  • City of Beloit

  • City of Blue Island

  • City of Blue Springs

  • City of Boulder

  • City of Canon City

  • City of Chaska

  • City of Chillicothe

  • City of Ephrata

  • City of Fort Lupton

  • City of Greeley

  • City of Hurricane

  • City of Indian Wells

  • City of Kearney

  • City of Kenner

  • City of La Vista

  • City Of Lake Oswego

  • City of Lakewood

  • City of Lawson

  • City of Leawood

  • City of Madison

  • City of Mapleton

  • City of Medford

  • City of Moberly

  • City of Monte Vista

  • City of Montrose

  • City of Moorhead

  • City of Northglenn

  • City of Ottawa

  • City of Page

  • City of Pearl

  • City of Port Lavaca

  • City of Pullman

  • City of Richfield

  • City of Rifle

  • City of Ritzville

  • City of Rochester

  • City of Seattle

  • City of Sequim

  • City of Sparks

  • City of St George

  • City of Tuscola




  • City of Universal City

  • City of Vermillion

  • City of West Fargo

  • City of Westminster

  • Classic Property Group

  • CNL Income Properties

  • Colorado National Bank

  • Community Holdings

  • Compass Bank

  • The Club at Cordillera Membership

  • Credit Suisse

  • CSX Realty

  • C&S Holdings/Development

  • Dedman Family Trust

  • Dean Witter Reynolds

  • Desert Mirage Golf Corporation

  • Destileria Serralles

  • Deutsche Bank

  • Dye Equity-GATX

  • EAGLE

  • Elizabeth Parks & Recreation Department

  • Environmental Golf

  • Eurohypo AG, New York Branch

  • Fairfield Flagstaff Community

  • First Golf

  • Flatirons Golf Course

  • FM Development

  • FTI Consulting

  • Futura Financial

  • GATX

  • Geico

  • Geil, Jeffers, Kreutzer & Waitkus, P.C.

  • Georgetown/Clear Creek County

  • Glen Eagles Associates

  • Grant County Public Utility District #2

  • Grayhawk Golf Course

  • Greater Eagle Valley Golf

  • Greeley Community Development

  • Griffis Value Added Fund, LLC

  • Group Management

  • Gulf Stream Enterprises

  • Harris & Harris

  • Hayword & Associates

  • HCW Management, LLC

  • Hemispheres Development, LLC

  • Hillsborough County Public Utilities

  • Hiwan Service Corporation

  • Homeland Communities

  • Inglewood Golf Club

  • Iron Range Resource & Rehab. Board

  • Iron World Resources

  • Jackson County

  • Josephine County

  • Jumierah

  • Kabuto Arizona Golf

  • Land Properties, Inc.

  • Lehman Brothers, FSB

  • Lowe Hospitality

  • Shadowrock Venture

  • Marine Drive Properties

  • Matrix Capital Bank

  • Maui Land and Pineapple

  • McMillan Development

  • Meadowbrook Development

  • Merrill Lynch Capital

  • Metro of Portland

  • Mid City National Bank

  • Minnesota Mutual Life

  • MLC Development

  • Mobil Land

  • Murray Lamont & Assoc

  • Nova Southeastern University

  • Oklahoma Publishing Company




  • Oceanico Group

  • Pacific Alliance Group

  • Painted Hills Partners

  • Paiute Indian Tribe of Utah

  • Parker Water and Sanitation District

  • Pierce County, Washington

  • Pinehurst Country Club

  • Peninsula Papagayo

  • Plum Creek Villages

  • PNC Bank

  • Potomac Realty Capital, LLC

  • Premier Members Federal Credit Union

  • Public Leasing Corporation

  • RBS Greenwich Capital

  • Red Eagle Golf Development

  • Redstone Golf

  • Rio Grande Club

  • Ritz Development

  • SCARP UBC

  • SE Construction

  • Seven Hills Shopping Center

  • Showcross Organization

  • Siegrist Companies

  • Simon Fraser University

  • Simon Fraser University

  • Skyland Golf Resorts

  • Sonoma County Golf, L.L.C.

  • South Fork Ranches, LLC

  • Southworth Development, LLC

  • St Anthony's Hospital

  • State of Missouri

  • Stifel Nicolaus

  • Stifel, Nicolaus & Co., Inc.

  • Suncor

  • Sunshine Master Builders

  • Temescal Canyon Properties

  • Texas General Land

  • The Bagdad Corporation

  • The Bushwood Group

  • The Club at Cordillera

  • The Divide Golf Course

  • The Ranch Development Company

  • The Val Group

  • The Waterville Corporation

  • THK/City of Westminster

  • THK/Forest Dunes LLC

  • Thompson and Knight, LLP

  • Thompson Mitchie Associates

  • Thorsen & Company

  • Town of Buckeye

  • Town of Collierville

  • Town of Frederick

  • Town of Frisco

  • Town of Gypsum

  • Trimont Realty Advisors

  • Tryhus Company

  • Turnberry Associates

  • United Development Company

  • Unocal

  • US Bureau of Reclamation

  • US Department of Justice

  • Vectra Bank

  • Walnut Land

  • Walters Golf Management

  • Washington County

  • Waterstone Group

  • Wells Fargo Bank

  • Westin Hotels

  • Westview Commercial Mortgage

  • WG Block

  • William Lyon Company

  • Whitney Cressman

  • Wood River Township

Affiliations


  • The Appraisal Institute, Member

  • Urban Land Institute, Member

  • Certified General Appraiser, Colorado, Missouri, Washington

  • Managing Partner, Rio Grande Club, South Fork, Colorado

Teaching and Lecture Assignments


  • “Life Cycle of a Golf Course Community” CLE, July 2002

  • Guest Lecturer - Colorado School of Mines “Market Feasibility Process,” 1994

  • Resort Residential and Golf Development -- Shanghai, China, April 22, 2009

  • Moderator " "Geographic Frontiers: Opportunities in Europe, the Middle East, Latin America, and the Caribbean" Urban Land Institute -- Developing Resort Communities Conference, March 2009

  • “Golf in the High Country” Appraisal Institute, September 2007

Authored Publications

Inside Golf, “So You Want to Build a Golf Course?” - 1997

Expert Witness


  • The Yellowstone Club -- Big Sky Montana--United States Bankruptcy Court

  • The Canyons; Parker Water and Sanitation -- Parker, Colorado, Condemnation Valuation

  • U.S. Department of Justice - Landmark Properties, various locations

  • Haystack Mountain Golf Course - Boulder, Colorado

  • Skyland Country Club - Crested Butte, Colorado

My Articles

Client Services

  • Appraisals & Valuations
  • Asset Management
  • Brand & Management Selection and Contract Negotiations
  • Brokerage & Advisory
  • Convention, Sports & Entertainment Facilities
  • Executive Search
  • Feasibility Studies
  • Financing
  • Hotel Management
  • Interior Design Services
  • Tax Advisory
  • Testimony & Litigation Support Services

Publications & Events

  • Market Reviews
  • Industry Insights
  • In-Depth Hospitality Research
  • Conferences/Seminars
  • COVID-19 Research
  • Subscribe to Newsletter

Careers

  • Join HVS

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