In June 2014, Ridgewood purchased Apple Ridge Country Club from the Carlough family. Located in Mahwah and Upper Saddle River, New Jersey, the acquisition of Apple Ridge Country Club and its conversion to a residential community was a once in a generation real estate opportunity. Since acquiring the club, Ridgewood was successful in getting the project approved for 78 single family lots. The property was sold to Toll Brother at the end of 2016.
While pursuing the approvals with both municipalities, Ridgewood has hired Kemper Sports Management, one of the premier golf management companies in the world, to operate the club.