In Gaillardia, the Gate and the Golf Course Have Different Owners

Buying a house inside Gaillardia's gate gets you no ownership share of the golf course. Gaillardia Country Club is owned by Concert Golf Partners, a company that owns and runs private clubs across the country. Concert bought the club in January 2014. Last November, Bain Capital became Concert's new investor. The private streets, entry signs, perimeter walls and landscaped medians fall under a different group, Gaillardia Community Association Inc., which gets its authority from declarations recorded against the property.

That split decides who pays for what, who decides what, and how each side has changed hands over the past 12 years. If you're comparing gated golf communities around north Oklahoma City, it belongs at the top of your list.

Two owners, two kinds of money

Here is the arrangement, using the clearest public document available, the 2021 restated declaration for the Promenade section.

The bottom row matters most. Owners vote on association matters under the recorded covenants. The club changes hands the way most businesses do, through private deals. Gaillardia has seen both, and in both cases the turning points came in 2014.

How the club got its current owner

The Gaylord family originally developed Gaillardia's club at a cost of $59 million, according to Concert Golf's own profile of the property. By late 2013 the club had fallen into mortgage trouble. Golf Oklahoma reported that Concert bought the first mortgage on Gaillardia from Bank of the Ozarks that August. Concert then acquired the second mortgage and reached a settlement, and a courthouse auction scheduled for February 2014 was called off.

Concert announced it had acquired the club on January 20, 2014, from the Herrington Group and two banks through a deed-in-lieu transaction. It did not disclose the price. Concert's first priorities were physical. Golf Oklahoma reported that fixing the clubhouse's leaky roof, damaged in a hailstorm a few years earlier, was near the top of the list. The Oklahoman reported in May 2014 that bunker work had started and the roof was due for replacement.

So the club's financial trouble was resolved between lenders and a buyer. The people living around the course had no say in it.

The Promenade shows what the split looks like on the ground

Gaillardia's residential side went through its own handoff at almost the same time. The 2021 Promenade declaration states that on March 6, 2014, Gaillardia Development Company LLC resigned its rights as declarant, and the community association became the successor to those rights. The declarant is the party that writes and can amend a community's covenants, so from that point the homeowners' association held the pen.

What followed played out in public records:

1. July 22, 2015. Gaillardia Development Company, acting as declarant even though it had already resigned that role, recorded an amendment to the Promenade covenants.
2. October 2021. The association and The Promenade at Gaillardia LLC, which by then owned more than 75% of the Promenade units, recorded a restated declaration. It calls the 2015 amendment null and void because the declarant didn't sign it and neither the association nor owners of 75% of the units approved it.

The 2021 restated declaration is also the clearest public look at what the association pays for, at least in this one section. It assigns private streets, entry signs, perimeter walls and fencing, medians, landscaping, irrigation, water features and streetlights to a base assessment. It puts certain yard landscaping and lawn services under a separate neighborhood assessment. That structure is written for Promenade. Other Gaillardia sections may carry different supplemental terms, so the declaration for your specific section is the one to read.

Today Promenade is being built out by a small group of custom builders, Tim Hughes Custom Homes, Jim Quigley Custom Homes and Bowers Construction. The section's site is still advertising spec homes under construction and available lots.

The club's newest owner sits two layers up

The neighborhood side was settled through recorded documents and owner votes. The club side kept changing through investment rounds. Clearlake Capital Group invested in Concert Golf in March 2022. On November 17, 2025, Clearlake announced that it had sold its stake to Bain Capital, with money coming from Bain's private equity and real estate teams. The terms weren't disclosed.

The same announcement describes the company Gaillardia now belongs to. Concert Golf is headquartered in Lake Mary, Florida, and runs 39 private clubs across the United States. During Clearlake's investment, Concert doubled its revenue and profitability and completed 14 acquisitions. In Clearlake's announcement, Concert CEO Peter Nanula said, "As we look ahead, we're excited to partner with Bain Capital to continue growing our platform and investing in our clubs and members."

The Bain deal changed who backs Concert. It did not sell Gaillardia itself, and Concert's locations page still lists Gaillardia Country Club among its Oklahoma properties. For a homeowner, though, it means decisions about the club's clubhouse, course and capital spending are made inside a 39-club portfolio, by a company whose investors changed twice in under four years.

What the club looks like this year

Here's what Concert currently runs behind the gate, according to the club's own materials and Golf Oklahoma:

• The course is an 18-hole Arthur Hills design that Tom Kite later redesigned.
• The last reported upgrades. In May 2021, Golf Oklahoma reported that the club was replacing winter-killed 419 Bermuda on the driving range with Tahoma Bermuda and installing a golf simulator in the clubhouse.
• Tournament play. Golf Oklahoma's 2026 schedule put the Senior Match Play Championship at Gaillardia CC on August 24 through 26.
• Membership categories. The club's membership page lists Full Golf, Junior Golf and Lifestyle memberships. Each covers the primary member, a spouse and children under 25. Lifestyle covers the pool, fitness center, tennis courts, dining and social events, but not the golf course.
• Costs. Every membership has a one-time, non-refundable initiation fee and monthly dues that depend on the category. The club handles enrollment through its Membership Director.
• Guests can play the course if they haven't played it more than six times that year, and guest fees apply.

None of those published terms mention owning a home in Gaillardia. The club presents membership as its own purchase, with its own fee, its own dues and its own sign-up process.

Questions to settle before you write an offer

Because the club and the association are separate, a Gaillardia purchase raises two sets of questions. Get both answered in writing for the specific lot you're considering:

• Is club membership tied to this property in any way? Ask the community association and the club's membership office directly, and get the answer for your lot rather than for the community in general.
• Which supplemental declaration covers this section? Promenade has its own 2021 restated declaration. Other sections may have different terms.
• What does the base assessment cover here, and is there a neighborhood assessment on top of it? In Promenade, some yard and lawn services are billed separately from common-area costs.
• What would the initiation fee and monthly dues be for the category you want? The club quotes these through its Membership Director, not on its public pages.
• Are any capital projects planned at the club? Bain's investment came less than a year ago, so ask the club what work is on its calendar.

If you're also weighing day-to-day costs, our breakdown of the real cost to own in Gaillardia and our HOA vs. POA explainer for Gaillardia buyers go into what to request from the association. Nearby change matters too. Our post on what's going up north of the Kilpatrick at Portland Avenue covers the largest project near the gate.

This post is general information, not legal or financial advice. Covenants and membership terms can vary by lot, so please confirm your own situation with a real estate attorney or the right professional before you commit.

If you'd like help lining up the declaration, the association's answers and the club's membership terms for a Gaillardia home you're considering, Lindsay Greene Homes can gather those documents with you before you make an offer. Schedule a Consultation, and we'll start with the lot you have in mind.