Athletic Country Clubs

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Life Time Opens Eighth California Club at Historic Arden Hills Property in Sacramento on June 27
Prnewswire· 2025-06-27 12:05
Life Time Arden amplifies 70-year tradition of health and wellness with multi-million-dollar renovation SACRAMENTO, Calif., June 27, 2025 /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, has opened the first phase of its multi-million dollar renovation at Life Time Arden, the company's latest athletic country club in Sacramento on June 27th. Additional areas of the club, including the massive outdoor social and athletic space, are scheduled for completion in the coming we ...
Life Time Closes on $150 Million Sale-Leaseback Transaction; Credit Rating Upgraded by S&P
Prnewswire· 2025-06-23 21:26
CHANHASSEN, Minn., June 23, 2025 /PRNewswire/ -- Life Time Group Holdings, Inc. (NYSE: LTH) ("Life Time" or "the Company") today announced that it has closed on its sale-leaseback transaction of three properties for approximately $150 million in gross proceeds. Terms were similar to previous transactions. Additional details were not disclosed.Additionally, on June 18, 2025, prior to the completion of the sale-leaseback transaction, S&P Global Ratings ("S&P") upgraded the Company's issuer credit rating to 'B ...
Life Time Announces Commencement of Secondary Offering of 20,000,000 Shares of Common Stock
Prnewswire· 2025-06-05 10:30
CHANHASSEN, Minn., June 5, 2025 /PRNewswire/ -- Life Time Group Holdings, Inc. (NYSE: LTH) ("Life Time" or the "Company") announced today that certain affiliates of Leonard Green & Partners, L.P. and TPG Inc. (the "Selling Stockholders") intend to offer and sell 20,000,000 shares of the Company's common stock in an underwritten public offering pursuant to Life Time's shelf registration statement filed with the Securities and Exchange Commission (the "SEC"). The Selling Stockholders will receive all of the p ...
Life Time Comes to Idaho with Opening of Life Time Eagle
Prnewswire· 2025-05-22 20:44
Phase one of 135,000-square-foot destination now open with nine pickleball and six tennis courts; full experience opening set for summer 2026EAGLE, Idaho, May 22, 2025 /PRNewswire/ -- Life Time (NYSE: LTH), the nation's premier healthy lifestyle brand, opened phase one of its highly anticipated Life Time Eagle athletic country club on May 21. This initial opening centers around racquet sports, featuring nine indoor pickleball courts, six indoor tennis courts, a viewing area with lounge seating and a pro sho ...
Life Time and Silverstein Properties to Partner at Brooklyn Tower
Prnewswire· 2025-03-11 14:01
Core Insights - Life Time is expanding its presence in New York City with the development of Life Time Brooklyn Tower, which will be its largest location in Brooklyn at approximately 80,000 square feet [1][4] - The facility will span seven floors in a 1,066-foot-tall building and will focus on recovery, rejuvenation, and socializing, offering a holistic experience for residents and members [2][4] - Life Time Brooklyn Tower is expected to open in the second half of 2026, adding to Life Time's existing nine athletic country clubs in New York City [4] Company Overview - Life Time operates over 175 athletic country clubs across the United States and Canada, promoting healthy living and wellness for individuals aged 90 days to 90+ years [6] - The company has been recognized as a Great Place to Work®, highlighting its commitment to an exceptional workplace culture for over 42,000 team members [6] Partnership Details - Silverstein Properties, the new owner of Brooklyn Tower, is dedicated to ensuring the successful completion of the project and maintaining Life Time's health and wellness offerings as part of the building's amenities [3][7] - Silverstein Properties has a real estate portfolio valued at over $18 billion and has developed more than 45 million square feet of various properties across the country [7] Facility Features - Life Time Brooklyn Tower will include a rooftop pool, co-ed wet suite, luxury spa, coworking spaces, and dedicated fitness studios for various exercise programs [8]