Ventures Equity
Notes From The Club

Launched in 2005, Ventures Equity Vacation Club would be one of the industry's first equity destination clubs, joining clubs like Crescendo Residences and BelleHavens.

Members were "equity partners" in the club and would receive a share of the proceeds when the club liquidated their real estate assets.

"Ventures Equity Vacation Club delivers on every demand of the new generation of second home owners, including diverse locations, sophisticated concierge services and a creative financial model that allows them to buy more for less – with the defining difference of true equity ownership. This is no marketing hype. As an Equity Partner, you are entitled to a share of the proceeds from the sale of the properties in proportion to your share in the limited partnership that owns the expanding portfolio of residences. Did we mention the average value of these luxurious homes is in excess of $3 million? We select real estate in coveted resort markets poised for above-average appreciation over the life of the partnership's operating period (eight to 12 years). While non-equity clubs are busy using your deposit to finance their acquisition of rapidly appreciating real estate (to the sole benefit of the club management), Ventures Equity Vacation Club members are enjoying the best of the luxury vacation club lifestyle – with the added opportunity for an appreciable return on investment."

While these types of destination clubs do offer superior security on member's deposits compared to non-equity clubs, they also are more heavily restricted in their marketing efforts.

As such, little information about the club was publicly available.

Ventures Equity would eventually grow to approximately 20 members before being acquired by Ultimate Resort.

The acquisition was the third major announcement within a year for Ultimate Resort. The club had completed their acquisition of Tanner & Haley, the world's first destination club, bringing in over 650 new members and had just months prior announced a merger with the third largest club in the industry, Private Escapes.

In addition to adding six properties to the Ultimate Resort portfolio, now known as Ultimate Escapes, 19 members of Ventures Equity would also join the new club.

If you are a former member of Ventures Equity and would like to discuss your thoughts on the club, please feel free to contact us at contribute@destinationclubnews.com.