Ventures Equity
Properties

Ventures Equity Vacation Club was one of the first equity clubs in the history of the destination club sector.

In addition to the club's financial focus, Ventures Equity properties would average in excess of $3 million each, providing members security on their deposit and fantastic properties to access at their leisure.

"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," the club's literature stated. "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."

Ventures Equity was able to attract approximately 20 members following their launch in 2005, but due to their structure, was limited in their marketing efforts. In February of 2008, Ultimate Resort acquired Ventures Equity and its estimated $17 million in real estate.

In addition to adding 19 members to their club, Ultimate Resort also added properties in:

  • Key West, Florida
  • New York City, New York
  • Beaver Creek, Colorado
  • Indian Rocks Beach, Florida
  • Lake Las Vegas, Nevada
  • Scottsdale, Arizona

"We are creating a true global market leader and are very excited to see our destination and property portfolios grow with the addition of six spectacular new homes from the acquisition of the Ventures Equity Vacation Club," said Jim Tousignant, Founder, President, and CEO of Ultimate Resort in the press release announcement. "These luxury club properties, with average home values approaching $3 million each, will add to the dozens of choices within Ultimate Resort's ELITE club level, creating one of the industry's strongest high-end club offerings. We are equally excited to welcome the Ventures’ members to our Ultimate Resort ELITE Club as well. The acquisition of the Ventures homes and new members fits well with our expansion plans."