LFG Fractional Ownership News Blog

Fairmont Heritage Place has announced that it has assumed the management of two Private Residence Clubs previously operated by Storied Places, an Intrawest company. The new Fairmont Heritage Place properties Nature’s Door in Whistler, British Columbia and Inspiration on Miramar Beach in Sandestin, Florida. 

These new additions to Fairmont Heritage Place expand their current portfolio to five locations with over 200 luxury homes and more than 2,000 homeowners worldwide.

Read the full article or visit the Fairmont Heritage Place website for more information.

Terry Chester, an LFG client and owner of two spectacular fractional homes on Fripp Island in South Carolina (La Coeur de Terre and L’Ange de Mer) wrote the following article sharing his perspective on why fractional ownership is a great investment even in a shaky economy:

Fractional Real Estate: A Great Investment in Any Economy

A recent article from Kristy Eppley Rupon of the McClatchy-Tribune News Service headlined: “Investors put money into homes rather than stocks”, recycling the old adage that real estate - particularly luxury homes - is the only sure way not to go wrong in investments. When so many investors have lost large percentages of their paper wealth in the recent stock market debacle, the benefits of a tangible asset versus a stock portfolio snapshot is brought painfully home. Read the rest of this entry »

SJR Capital has announced their plans to build a new fractional beachfront residence, Casa del Sol, on Southern Baja’s East Cape.  This project is truly green in every sense of the word. Casa del Sol will be sold in 13 shares, eliminating the need for 13 individual homes that could potentially sit vacant most of the year to be built. In addition, solar power will be the primary souce of energy, and water for the gardens and property soil will be recycled. The residence’s interior will utilize as much natural light as possible, and organic paints will be used to protect the air quality.

For more information, read the full press release on the Casa del Sol website, or visit their property listing in our Directory.

Dick Ragatz, President of Ragatz Associates, is widely recognized as the creator and publisher of the fractional industry’s Shared Ownership Industry Report, and the host of the annual Fractional Interest Conference. Since 1969, he has published more than 50 articles on resort development for academic journals and trade magazines, and has delivered more than 350 speeches on resort development at conferences throughout the world. Read the rest of this entry »

In this issue, see new LFG listings around the world and take a survey on fractional ownership from a group of international students at Amsterdam’s Hotelschool The Hague.

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Elizabeth Gehrman has written an interesting and education article for The Boston Globe on the growing trend of Fractional Ownership. The article discusses the differences between timeshares and fractionals, different types of usage plans and outlines typical fractional resort amenities. Mentioned in the article are two existing fractional resorts:  the new Newstead Belmont Hills in Bermuda and the Cape Codder Residence Club in Hyannis, Massachusetts. 

Read the full text of the article in the Boston Globe.

View more Fractional Resorts and Residence Clubs.