Mickelson-Manchester Pull Out Of Fairbanks Ranch Takeover

John Strege with the report you probably won't see in Doug Manchester's U-T San Diego, which first reported the planned takeover of Fairbanks Ranch by Phil Mickelson and Manchester.

From Strege's report:

“It was a mutual parting of the ways,” Jeff Woolson, managing director of the golf and resort group for CBRE, said Thursday. “They wanted to do a lot of things to the property, which required they go back and request a lease concession with the city. Members didn’t feel like they wanted to go down that road.”