Lifestyle Assets To Host Webinar

By: Destination Club News
Date: May 25, 2011

A week from today, the new equity based destination club Lifestyle Assets will host a one hour webinar to discuss current real estate trends and second home ownership. "Learn the current status of luxury real estate markets in several popular vacation destinations," the club wrote. "Investigate various options, including whole and fractional ownership, private residence clubs, destination clubs, and vacation rental programs. Discover an innovative, new form of ownership which is changing the way people are buying second homes."

Citing the "historic lows" that the real estate industry still enjoys, the webinar will begin at 12:00 PM Eastern on Thursday, June 2. The one hour session will include Lifestyle Assets' CEO Richard Keith as well as fractional expert David Disick and our friends Nick Copley from SherpaReport and Piers Brown of FractionalLife.

Memberships at Lifestyle Assets are available for a one-time capital contribution of $300,000 and $30,000 in annual dues. Members join a legal structure with other owners that collectively own a portfolio of twelve luxury vacation homes debt-free.

Once the LLC reaches half of its investor subscriptions, a seven year countdown begins. After the seven years elapse, the properties are sold with the proceeds distributed out to members on a pro-rata basis. Members can at that point elect to walk away or join a different Lifestyle Assets group.

Formally launched earlier this year, Lifestyle Assets is still in their Founding Membership phase and are offering special enrichments to early adopters. Members will receive access to both Eastern and Western regions without reciprocity premiums or restrictions, the immediate ability to book reservations at the four launch properties, and a higher pro-rate distribution of the proceeds upon the sale of the residences.

If you are interested in attending the webinar, please click here to reserve your spot.