Bill4728
Moderator
There are several ads on the TUG marketplace and in the bargain BBS were people are giving away their less valuable Starwood TSs
How does ROFR play in these give-a-ways?
How does ROFR play in these give-a-ways?
Starwood only has rofr on a limited selection of their resorts. The HI ones Mission Hills and maybe another. Thats detailed in the sticky posts above.There are several ads on the TUG marketplace and in the bargain BBS were people are giving away their less valuable Starwood TSs
How does ROFR play in these give-a-ways?
I always wondered why Starwood didn't add ROFR provisions to all of their condo declaration documents? Other companies were doing it long before Starwood got in to the business.
I've wondered the same thing, especially with the new Sheraton Flex. You'd think they'd swoop in and buy them back for $1 for the ability to churn them back to the market through sales. It would be a cheaper churn then offering equity at a sales presentation.
Some are based on Locality.