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Monday, 16 April 2012 11:41 |
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In vacation home real estate markets, even though whole ownership and fractional agents hold the same basic license, each professional specialty seems to inhabit its own separate world, and the two worlds seem rarely to meet. How, then, can a fractional real estate developer bridge the two worlds, reach out to whole ownership agents and win referrals from them?
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Tuesday, 13 March 2012 17:42 |
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Dick Ragatz just announced the results of his firms annual survey of the North American fractional market. Active projects that made sales in 2011 included 32 private residence clubs and 66 fractionals projects, this is down slightly from a combined 104 projects in 2010.
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Wednesday, 25 January 2012 14:05 |
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The annual Ragatz conference is being held on March 12-13 at the Hyatt Regency Scottsdale Resort in Arizona. The conference will have an emphasis on fractional interests, but has been expanded to include the entire resort real estate industry.
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Wednesday, 14 December 2011 16:09 |
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In a recently issued report, the town of Aspen, Colorado says that its fractional and private residence club units see higher occupancy than traditional hospitality lodging.
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Thursday, 08 December 2011 13:19 |
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Let's say you're a fractional real estate developer. You have investors supplying seed capital. You've tied up the property you want to develop. You have your permits and architect's plans. Your development team is assembled and raring to go. Only one more vital piece of the puzzle still needs to fall into place: You need to find equity and debt financing and consumer financing.
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Tuesday, 09 August 2011 17:47 |
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The Palms Private Residence Club has just signed a sponsorship agreement with the international second home exchange firm, 3RD HOME. This partnership will enable The Palms owners to exchange their properties with other second homeowners throughout the world from Costa Rica, Palm Beach, St. Barts to Paris and Thailand.
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Wednesday, 07 March 2012 16:42 |
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By now, if your read Part I in this series, you have succeeded in attracting the interest of some bankers by pointing out the profit potential in the fractional vacation home ownership industry and in your proposed development. Good job! Now, it's time to get to the negotiating table - that is, to present your business plan to your financing sources.
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Thursday, 22 December 2011 00:00 |
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Four Seasons Hotels and Resorts kicked off construction of its luxury resort at Walt Disney World Resort today, in a groundbreaking ceremony with joint venture partners Silverstein Properties and Dune Real Estate Partners. The 444-room resort, being built in the enclave of Golden Oak at Walt Disney World Resort, will create about 2,000 construction jobs, and hundreds of resort positions when open.
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Monday, 12 December 2011 16:40 |
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Preferred Residences, an exchange programme for luxury shared ownership resorts, has signed an affiliation agreement with the private residence club at Essque Zalu Zanzibar. The eco-friendly property, which also includes a boutique hotel, is on the exotic island of Zanzibar off Africa's northeast Tanzanian coast.
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Tuesday, 27 September 2011 16:14 |
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The Registry Collection program continues to grow its network of affiliated properties with the addition of 14 newly affiliated resorts since the beginning of 2011, including 10 new affiliations in North America and the Caribbean. Under the RCI umbrella, The Registry Collection program offers members access to more than 180 world-class properties available for exchange or under development in approximately 35 countries.
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Thursday, 28 July 2011 11:36 |
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This article summarizes some of the key points for raising financing for your fractional project.
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