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Please post Starwood ROFR transactions here (ONLY)

Travispete1234 said:
Just closed on a 2BR WKORVN OFront 2BR for $17k Smoking deal.
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That’s an awesome deal. I hope I could get a deal like that. I was just received an offer for OV WKORVN for $15k alone. Almost pulled the trigger and decided to wait. I also tried few redweek sellers and found out one OV annual was just sold for $12.5k yesterday.
 
Deleted
 
We've just closed on a WKORV-N OF EOY unit and received the deed from the closing company today. Price submitted for ROFR was $11k. Not the absolute minimum but we're happy with the price as it was reasonable for exactly what we were wanting.
 
Congratulations!!!!!
 
We just cleared the ROFR on a WKORV, island view EOY 2-bedroom unit (148,100 star options) for $5k. We already have an EOY unit, so now we have two weeks every odd year.
 
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Just got word our purchase is finalized - first TS for us! We lost a HBH platinum to ROFR a few years ago.

WKORV EOY, OV, 2BR $6500. Probably could have gone lower, but we’re happy! We like it there and will definitely go back again and again.
 
WKORV-N 2 bedroom Island View annual unit.

Vistana just exercise ROFR on this unit for $11K. Surprised they would go that high.
 
Just closed on a 1BR WKORV OV Annual for $7900. We were initially looking for a 2BR OV @ WKORV or WKORVN but do not need the extra bedroom since the majority of the time it's just me and my wife. This will allow us to go to Maui twice a year during the prime season and off-season (Using SO from VV).
 
A 2BR is nice, even for a couple, because the maintenance fees are not much more than for a 1BR, yet you can split the 1BR and the studio to stay two weeks, or take two separate trips. I do like the dedicated 1BR units, though. They are just a little bigger than the 1BR side of a 2BR unit, and you get the entry foyer all to yourself for extra storage.
 
DavidnRobin said:
The original selling price for WKORVN IV was ~$48,000 by SVO. In case anyone was curious.


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Not that it's much consolation given the resale prices but I think we paid $43,500 for ours :(. I console myself with the thought that we at least got the Explorer package paid for and a large number of SPG points included in that 'deal'.
 
WKORV 1br OV annual failed at $6,000.
 
-----------------------------------------------------------------------------------------WKORV 1 BRM OV Annual $7,900 passed ROFR.
 
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Just informed that Starwood/Vistana, now Marriott exercised ROFR on Gold Season 2bdrm WKV (81,000 SO) @ $501.00.
 
There is NO ROFR on WKV!
 
dnmast1 said:
Just informed that Starwood/Vistana, now Marriott exercised ROFR on Gold Season 2bdrm WKV (81,000 SO) @ $501.00.
Click to expand...
Maybe there is something I am not seeing. The 2 bedroom at WKV gold season is worth 81K Star Options. But the maint fee is 1,500 if not higher. That isn’t a great MF-SO ratio. Is that desirable? Even though there is no WKV Or something was changed, maybe they took it back for inventory needs? Wondering how they exercised ROFR when technically there is none.
 
CPNY said:
Maybe there is something I am not seeing. The 2 bedroom at WKV gold season is worth 81K Star Options. But the maint fee is 1,500 if not higher. That isn’t a great MF-SO ratio. Is that desirable? Even though there is no WKV Or something was changed, maybe they took it back for inventory needs? Wondering how they exercised ROFR when technically there is none.
Click to expand...
It’s the area. To the unaware, Gold Plus is not a bad time. Yes, it’s hotter than Jan-May however Scottsdale always has something going on.
 
CPNY said:
Maybe there is something I am not seeing. The 2 bedroom at WKV gold season is worth 81K Star Options. But the maint fee is 1,500 if not higher. That isn’t a great MF-SO ratio. Is that desirable? Even though there is no WKV Or something was changed, maybe they took it back for inventory needs? Wondering how they exercised ROFR when technically there is none.
Click to expand...

As discussed in another thread. The WKV CCRs have no text for a ROFR.
None. Zip.
It is clearly stated in the WKORV CFRs (Sec 9.3).

If someone cares an ROFR has been used by VSE for WKV- they should challenge this.


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DavidnRobin said:
As discussed in another thread. The WKV CCRs have no text for a ROFR.
None. Zip.
It is clearly stated in the WKORV CFRs (Sec 9.3).

If someone cares an ROFR has been used by VSE for WKV- they should challenge this.


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Click to expand...
Right, so how did this buyer lose their purchase? Something doesn’t seem right
 
IMPORTANT NOTE:
The WKV CCRs being discussed by me are actually SDO CCRs.

I do not own SDO, but when I went to governing documents for the WKV on the VSE Dashboard - it is the SDO CCRs that apparently is listed (and downloaded). I just saw this when I saw the villa layouts.
 
WKORV-N 2br OF EOYO 2021 passed at $8,100. Good thing I was sitting down when I got the news.
Someone else grabbed the other EOYE same price but not sure if it passed.

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