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Fractional Ownership Blog

This Fractional Ownership Blog provides news and articles related to Fractional Ownership, Private Residence Club, and Destination Club, and other properties.


Big dreams for hotels are falling flat Print PDF


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Big dreams for hotels are falling flat
Sarasota Herald-Tribune, FL
Even seemingly dead condo conversion projects were resurrected as fractional ownership resorts in which buyers could own a piece of a condo by the beach. But now, in the midst of what seems to be the recession of a lifetime, hotel projects are ...


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May 16, 2009 Posted by chris | Fractional Ownership
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Chris Arnold
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written by Chris Arnold, May 24, 2009
Financing has vanished. It is difficult for any type of developer to arrange financing for secondary residence buyers. Having said that, I have seen some troubled developers trying to turn unsuccessful preconstruction projects into fractional ownership projects. While this is possible, it needs to make logical sense. Successful fractional properties often come with a higher level of service when compared to a normal condominium. Pricing also needs to be in line with the current market.

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