EB5AN completes acquisition of Wohali in Coalville

By AI, Created 2:05 PM UTC, May 21, 2026, /AGP/ – EB5AN Wohali Utah Fund XV, LP has completed a court-approved credit-bid acquisition of Wohali, the master-planned mountain community near Park City, Utah. The new ownership plans to restart development, reopen the Eagle Course in summer 2026 and work with Coalville and local stakeholders.

Why it matters: - The acquisition puts Wohali under new ownership after a court-approved transaction, giving the stalled master-planned community a path toward renewed development. - The project includes an 18-hole championship golf course, infrastructure and land for future growth, making it a key real-estate and recreation asset near Park City. - The reopening of the Eagle Course could restore activity for golfers and help reintroduce Wohali to prospective residents and buyers.

What happened: - EB5AN Wohali Utah Fund XV, LP completed a court-approved acquisition of Wohali through a credit bid. - Wohali is in Coalville, Utah, about 25 minutes from Park City. - The community includes an 18-hole championship golf course, amenities, infrastructure and land for future development. - New ownership plans to work with Coalville and other stakeholders to advance the project.

The details: - EB5AN expects Eagle Peak Development’s leadership team to assist with immediate development needs, including infrastructure work. - Bobby Masters leads development for Eagle Peak Development. - Masters said he will focus in the near term on infrastructure progress and engagement with Coalville. - Troon Privé will oversee day-to-day operations. - The Eagle Course is expected to reopen in summer 2026. - The golf course will offer a one-year membership program when it reopens. - For more information on Wohali Golf Club and the community, visit More information.

Between the lines: - The new ownership is signaling a shift from ownership transition to execution, with infrastructure and golf operations treated as the first priorities. - Bringing in Eagle Peak Development and Troon Privé suggests the project is being positioned around experienced operators rather than a purely financial turnaround. - The emphasis on Coalville and the local community points to a need for public-facing collaboration as the project moves ahead.

What’s next: - Eagle Peak Development is expected to begin or continue infrastructure work tied to immediate development needs. - The Eagle Course is slated to reopen in summer 2026. - Wohali will be marketed through a 2026 Golf Discovery membership program and a one-year membership offering. - Ownership plans to keep working with Coalville and local stakeholders as the broader community project advances.