Equity Estates
Members

In a time when many destination clubs were filing for bankruptcy and ceasing operations, Equity Estates would post their best months in history in terms of new membership sales.

One of the destination club industry's fastest growing clubs, Equity Estates counts nearly 100 member owners in their equity club. Limited to just 300 total members, Equity Estates will ultimately include between 43 and 50 luxury residences available exclusively to members.

Beginning in 2021, Equity Estates will begin to liquidate their real estate holdings and distribute a portion of the proceeds to members. "We have a five year window to liquidate some or all of the fund's real estate holdings," said President and Co-Founder Adam Capes. "We expect a normal selling market, but if we are in another real estate downturn, the five year window allows us to wait for real estate to recover. Likewise, if we see a bubble in 2019 or 2020, we have a fiduciary responsibility to our business partners and could contact our members about the opportunity."

Equity Estates offers two different membership options: full and half equity interests. Full members receive 30 nights of annual access to the club's residences and half members receive 15 nights.

Dedicated to organic growth, Equity Estates is also one of a small number of large clubs that have not grown through mergers and acquisitions. "Equity Estates has grown organically through direct sales," said Co-Founder Philip Mekelburg. "Abercrombie & Kent Residence Club promotes an equity play, but they started by gobbling up two other destination clubs. Ultimate Escapes is a conglomerate of a bunch of other clubs. There is strength in growing organically."

If you are currently considering Equity Estates and would like to compare them to other leading destination clubs of the industry, request a free copy of our Destination Club Guide, complete with suggested due diligence questions, company backgrounds, and a history of the sector.