Calgary GCC is the only one that's full with a wait list, and a large one at that. A couple more are 'full' but without a wait list (so if somebody went up tomorrow and wanted to join, they could, but if say fifty now former Bearspaw members wanted to join, the clubs could afford to wait list all of them). Willow Park has a discounted buy-in right now but I think they're the only non-equity club that's dropped their initiation. Any of the equity clubs can be bought somewhere for cheap ($15K for a Priddis membership on Kijiji or $65K for Calgary...its a weird market out there).
In the end it wasn't so much the private club model that sank Bearspaw, it was completely incompetent leadership at the board level that did it. Earl Grey was able to have a full course reno, new maintenance facility, and a full clubhouse rebuild done in the past five years and they're still going along well (reallyh as strong as ever as a result). Even an equity club like Priddis has been able to consistently complete major capital projects without driving the club into the ground. Bearspaw has been fumbling jobs for years from greens renos to their maintenance shop and now the nail in the coffin with the clubhouse project.
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