Equity Estates
Partnerships

Founded originally in 2006, Equity Estates has quickly risen through the ranks to become a major player in the destination club sector. Created by Adam Capes and Philip Mekelburg, two Cornell graduates, Equity Estates prefers the "luxury residence fund" brand over the more traditional "destination club" identification.

"Equity Estates was started because the founders recognized the appeal of owning and enjoying vacation homes around the world," writes the club. "By structuring the membership as an equity interest, its members are owners of the portfolio of luxury vacation homes acquired by the fund. Owners benefit from and participate in the 5 star concierge supported use of these phenomenal properties and in any appreciation of the real estate when it is sold."

"Enjoy all the benefits of owning vacation homes with none of the hassles. As professionals in the luxury real estate and hospitality markets, we have expertise in caring for homes that will appreciate, and be appreciated. So, when you arrive, all you have to do is enjoy."

Like many other leading equity based destination clubs, Equity Estates maintains a lean operational mentality that trickles down throughout the organization. As such, the club keeps much of the vacation experience provided to members in house.

One notable partnership available to Equity Estates members is a strategic alliance with The Hideaways Club, one of Europe's leading destination clubs.

"This alliance between Equity Estates and The Hideaways Club is ideal as it facilitates international growth for both companies and enhances the already stellar value proposition for owner members of both funds," said Capes when the partnership was announced early in 2010.

"Our companies have a common model and a common goal: to provide unparalleled vacations coupled with a sound investment, so it seems natural to create this strategic alliance for the benefit of our individual companies and our respective owner members," said Mike Balfour, Chairman of The Hideaways Club. "This is a unique exchange relationship in the industry and greatly enhances our opportunities for growth moving forward."