The partners are taking over control of the resort , which has been foreclosed since June 1, 2010. The transaction closed April 1. Financial details were not disclosed.
Tapatio Springs has 27 holes of golf, a resort hotel, over 20,000 square feet of convention and meeting facilities, tennis, swimming and a fitness club. “I have lived near Boerne, and over the years Tom and I watched what was happening at Tapatio Springs and we always believed it could be a real jewel,” Strait said. “When the opportunity came up, we decided to go for it and make this dream come true.”
Cusick has been a Boerne resident since 1985. He founded Benefit Planners, based in Boerne, and sold the company to Fiserv in 2001. “We have begun our master plan and want the end result to be extraordinary,” Strait said. As Strait said, recalling one of his 57 #1 hits, “This may not be ‘ocean front property,’ but it’s the next best thing.”