Recorded Trust Documents

[taffy19]

So if the total points in the trust is 259,428,250 and it's estimated that translates into 70,000 weeks then each week in the trust averages 3700 points. That seems to be a very high estimate to me. I think it would be around the 2500 to 3000 point range. I have absolutely no math to back up my estimate, just a gut feeling and the fact that not many weeks get 3700 points making it difficult for that to be the average.

If you accept the 70,000 figure you can't leave out the weeks that are converted to points every year. Marriott controls those also. They might not be in the trust but MVCI has almost total control over them. In any case I think MVCI controls a lot more than 10% of the total inventory.

Now I question too if 35% approx is in the Trust already or is it a combination of trust points in the Trust and DC points from enrolled Legacy week owners who elected points one year like we did for 2015 but he didn't say that it was a combination of both.

Everything is left so vague and is difficult to understand.

 

[GregT]

Marriott is loading more points (~37.5M) into the Trust. The Trust is up to 303.8M points.

A few observations:

- 25M points being added for Grande Chateau
- Most properties are adding 250K - 750K, filed as having been "Reacquired" (I interpret as a Buy-back, ROFR, or foreclosed)
- My opinion is that the higher ranges (ie, 750K) skew to the higher-demand properties
- Ritz Carlton properties being added to the Trust
...........(St. Thomas, San Francisco, Tahoe and Vail)
- No more MM1 3BR Week 26's (looking to 2X my chances to get a 3BR)

What interested me the most was the addition of 62 timeshare segments at St. Thomas. I think each of these are for three week intervals, suggesting that they added 186 weeks to the Trust. These weeks are worth a total 780K Trust Points, so the math is close.

But more significantly, this is in line with the recent announcement on the Luxury collection, or whatever it was called. Now everybody should be able to book them, and the 50% release of inventory 6 months out makes more sense.

Interesting stuff.

Best,

Greg

 

[SueDonJ]

Marriott is loading more points (~37.5M) into the Trust. The Trust is up to 303.8M points.

A few observations:

- 25M points being added for Grande Chateau
- Most properties are adding 250K - 750K, filed as having been "Reacquired" (I interpret as a Buy-back, ROFR, or foreclosed)
- My opinion is that the higher ranges (ie, 750K) skew to the higher-demand properties
- Ritz Carlton properties being added to the Trust
...........(St. Thomas, San Francisco, Tahoe and Vail)
- No more MM1 3BR Week 26's (looking to 2X my chances to get a 3BR)

What interested me the most was the addition of 62 timeshare segments at St. Thomas. I think each of these are for three week intervals, suggesting that they added 186 weeks to the Trust. These weeks are worth a total 780K Trust Points, so the math is close.

But more significantly, this is in line with the recent announcement on the Luxury collection, or whatever it was called. Now everybody should be able to book them, and the 50% release of inventory 6 months out makes more sense.

Interesting stuff.

Best,

Greg

"Luxury Property" is the new definition in the revised docs (discussed here.) I had a feeling we'd be seeing more R-C conveyances after those revisions were announced. And you're right, this is always "interesting stuff." Thanks!

 

[mjm1]

Greg, thanks for your post. Yes, this is very interesting to see things develop. Great to see more availability being put into the trust.

Sorry to hear they haven't any more of your favorite resort/week/units into it yet. Hopefully later.

Cheers.

Mike

 

[ral]

Marriott is loading more points (~37.5M) into the Trust. The Trust is up to 303.8M points.

A few observations:

- 25M points being added for Grande Chateau
- Most properties are adding 250K - 750K, filed as having been "Reacquired" (I interpret as a Buy-back, ROFR, or foreclosed)
- My opinion is that the higher ranges (ie, 750K) skew to the higher-demand properties
- Ritz Carlton properties being added to the Trust
...........(St. Thomas, San Francisco, Tahoe and Vail)
- No more MM1 3BR Week 26's (looking to 2X my chances to get a 3BR)

What interested me the most was the addition of 62 timeshare segments at St. Thomas. I think each of these are for three week intervals, suggesting that they added 186 weeks to the Trust. These weeks are worth a total 780K Trust Points, so the math is close.

But more significantly, this is in line with the recent announcement on the Luxury collection, or whatever it was called. Now everybody should be able to book them, and the 50% release of inventory 6 months out makes more sense.

Interesting stuff.

Best,

Greg

If some weeks at RC St. Thomas, San Francisco, and Tahoe were added to the Trust, why are they not showing in the drop down Marriott Vacation Club menu like RC Vail?

 

[GregT]

If some weeks at RC St. Thomas, San Francisco, and Tahoe were added to the Trust, why are they not showing in the drop down Marriott Vacation Club menu like RC Vail?

I believe the other properties will appear on the drop down list, similar to Vail, it will just take a little time.

 

[dioxide45]

Here is the breakdown of new points added to the trust on 11/11/2014.

Resort....................................Total
Barony Beach Club.......................399,250
BeachPlace Towers.......................285,500
Canyon Villas...........................177,250
Crystal Shores...........................37,500
Cypress Harbour.........................747,750
Desert Springs I........................535,250
Desert Springs II.......................655,500
Fairway Villas..........................284,500
Frenchman's Cove........................215,250
Grand Chateau........................26,957,000
Grand Residence Lake Tahoe...............77,250
Grande Ocean............................371,500
Grande Vista..........................1,512,000
Harbour Club.............................33,500
Harbour Lake............................635,250
Harbour Pointe...........................69,250
Heritage Club............................25,750
Imperial Palms...........................61,750
Kauai Beach Club........................626,750
Ko'Olina.................................68,000
Lakeshore Reserve.......................114,250
Legends Edge............................150,000
Manor Club..............................138,000
Manor Club Sequel.......................105,250
Maui Ocean Club.........................962,750
Maui Ocean Club Sequel..................219,500
Monarch at Sea Pines....................146,000
Mountain Side...........................193,000
Mountain Valley Lodge....................80,500
Newport Coast...........................679,750
Ocean Pointe............................852,500
Ocean Watch.............................218,500
Oceana Palms.............................26,250
Ritz Carlton Club – Lake Tahoe..........768,500
Ritz Carlton Club – San Francisco.....1,740,750
Ritz Carlton Club – St Thomas...........780,500
Ritz Carlton Club – Vail................653,250
Royal Palms.............................161,750
Sabal Palms..............................98,500
Shadow Ridge............................734,500
Shadow Ridge II..........................83,500
Streamside...............................85,000
Summit Watch............................191,000
Sunset Pointe............................15,500
Surfwatch...............................295,750
Timber Lodge............................181,500
Villas at Doral.........................127,250
Waiohai.................................600,000
Willow Ridge Lodge......................233,500
Total................................44,412,750

Did they open the new units in tower three at Grand Chateau yet? I didn't think they were open for occupancy until early 2015. They didn't convey Oceana Palms units until after the units were opened up. Odd that they would convey Grande Chateau before they are available to book. Perhaps they are opened and I just missed it?

 

[dioxide45]

Total Breakdown

Resort............. ...........................Total
Grand Chateau.............................39,658,750
Ko'Olina................ .................29,681,750
Newport Coast.............................27,743,500
Oceana Palms..............................23,072,500
Kalanipu'u......... ......................18,293,500
Timber Lodge..............................16,796,000
Grande Vista..............................13,403,750
Shadow Ridge II...........................13,232,000
Ritz Carlton Club - Vail..................10,631,000
Crystal Shores.............................9,474,000
Maui Ocean Club............................9,405,000
Maui Ocean Club Sequel.....................8,064,750
Ocean Pointe...............................6,187,250
Harbour Lake...............................5,995,000
Cypress Harbour............................5,433,500
Shadow Ridge...............................5,365,000
Canyon Villas..............................5,212,500
Desert Springs II..........................5,137,250
Grand Residence Lake Tahoe.................3,934,500
Willow Ridge Lodge.........................3,911,250
Ocean Watch................................3,686,500
Kauai Beach Club...........................3,483,250
Desert Springs I...........................3,060,000
Waiohai............... ....................2,971,500
BeachPlace Towers..........................2,214,000
Barony Beach Club..........................2,085,500
Fairway Villas.............................2,014,000
Grande Ocean...............................1,882,250
Ritz Carlton Club – San Francisco..........1,740,750
Frenchman's Cove...........................1,698,250
Surfwatch......... ........................1,672,750
Mountain Side..............................1,516,750
Villas at Doral............................1,477,500
Lakeshore Reserve..........................1,365,500
Royal Palms................................1,319,500
Legends Edge...............................1,152,500
Summit Watch...............................1,124,250
Sabal Palms................................1,040,750
Manor Club.................................1,015,500
Streamside................... ...............979,500
Mountain Valley Lodge........................808,500
Ritz Carlton Club – St Thomas................780,500
Ritz Carlton Club – Lake Tahoe...............768,500
Manor Club Sequel............................708,250
Ritz Carlton Club – Vail.....................653,250
Monarch at Sea Pines.........................631,500
Harbour Pointe...............................505,500
Imperial Palms...............................425,500
Harbour Club.................................174,000
Heritage Club................................144,500
Sunset Pointe................................107,750
Total....................... ............303,841,000

 

[GregT]

Dioxide,

Very interesting to see the updated numbers and the imbalance between the properties. I will be curious to see if the Ritz properties continue to add, as weeks are foreclosed or bought back. This truly combines the DC and the Ritz DC, to the benefit of legacy week owners who can access the properties but without the weight of the Trust point MFs.

Thankyou for updating this, it is valuable to the TUG community

Best,

Greg

 

[mpizza]

Yes, thank you for keeping us up-to-date.

It will continue to be interesting to watch how the RC availability corresponds to the additional points added to the Trust.

Maria

 

[ral]

It looks like RC San Francisco was added to the trust. When I checked the drop-down menu on the vacation club site, it doesn't show up, although Aspen does. Anybody have any information on this?

 

[GregT]

Marriott did another deposit of weeks to the Trust, adding a total of 28M points, now up to 331M total points.

10M of the points came from Grande Chateau, most other properties added modest levels of points. No interesting 2BR or 3BR fixed weeks at MOC.

Best,

Greg

 

[taffy19]

Thanks for keeping track of it. I was wondering if Marriott had ROFRd week 12 and 13 of the 3 BR Villas on the 9th floor as that was one of the weeks I was interested in but not my husband after all the changes Marriott made. It obviously didn't get ROFRd or you would have reported it.

They were for sale last year March but are no longer listed on RedWeek.com. The listing may have expired? Who knows? How can you find this out not that it really matters anymore.

 

[GregT]

Thanks for keeping track of it. I was wondering if Marriott had ROFRd week 12 and 13 of the 3 BR Villas on the 9th floor as that was one of the weeks I was interested in but not my husband after all the changes Marriott made. It obviously didn't get ROFRd or you would have reported it.

They were for sale last year March but are no longer listed on RedWeek.com. The listing may have expired? Who knows? How can you find this out not that it really matters anymore.

Hi Emmy,

Those weeks did not appear, there's only one three-bedroom that was added to the trust, a week 37. I will keep an eye out for that week, that would be a great addition to the trust.

Best,

Greg

 

[GregT]

Resort............. ...........................Total
Grand Chateau.............................39,658,750
Ko'Olina................ .................29,681,750
Newport Coast.............................27,743,500
Oceana Palms..............................23,072,500
Kalanipu'u......... ......................18,293,500
Timber Lodge..............................16,796,000
Grande Vista..............................13,403,750
Shadow Ridge II...........................13,232,000
Ritz Carlton Club - Vail..................10,631,000
Crystal Shores.............................9,474,000
Maui Ocean Club............................9,405,000
Maui Ocean Club Sequel.....................8,064,750
Ocean Pointe...............................6,187,250
Harbour Lake...............................5,995,000
Cypress Harbour............................5,433,500
Shadow Ridge...............................5,365,000
Canyon Villas..............................5,212,500
Desert Springs II..........................5,137,250
Grand Residence Lake Tahoe.................3,934,500
Willow Ridge Lodge.........................3,911,250
Ocean Watch................................3,686,500
Kauai Beach Club...........................3,483,250
Desert Springs I...........................3,060,000
Waiohai............... ....................2,971,500
BeachPlace Towers..........................2,214,000
Barony Beach Club..........................2,085,500
Fairway Villas.............................2,014,000
Grande Ocean...............................1,882,250
Ritz Carlton Club – San Francisco..........1,740,750
Frenchman's Cove...........................1,698,250
Surfwatch......... ........................1,672,750
Mountain Side..............................1,516,750
Villas at Doral............................1,477,500
Lakeshore Reserve..........................1,365,500
Royal Palms................................1,319,500
Legends Edge...............................1,152,500
Summit Watch...............................1,124,250
Sabal Palms................................1,040,750
Manor Club.................................1,015,500
Streamside................... ...............979,500
Mountain Valley Lodge........................808,500
Ritz Carlton Club – St Thomas................780,500
Ritz Carlton Club – Lake Tahoe...............768,500
Manor Club Sequel............................708,250
Ritz Carlton Club – Vail.....................653,250
Monarch at Sea Pines.........................631,500
Harbour Pointe...............................505,500
Imperial Palms...............................425,500
Harbour Club.................................174,000
Heritage Club................................144,500
Sunset Pointe................................107,750
Total....................... ............303,841,000

With another 10.7M points being added to the Trust for Grand Chateau, this means over 50M of the ~330M of the Trust are Grand Chateau. That's 15% of the Trust -- wow.

This also gives a clue on what the Trust might look like in five years -- heavily overweighted towards the Post-2010 Developed properties (Grand Chateau, Big Island, South Beach, San Diego, Shadow Ridge Enclaves II, etc). Each of these should contribute large numbers of points as they are released. We may see 25M in points from the Big Island alone (~100 rooms x 5,000 points/week x 50 weeks). Shadow Ridge will also be huge because of the sheer size of Enclaves II, but I don't think they can deviate too much from the current Shadow Ridge point structure. San Diego/Miami/Big Island, they don't have the constraint and could choose to inch up the points requirements -- huge benefit to them in terms of manufacturing inventory.

I think one day it will be near impossible to get a premier legacy property (Maui Ocean Club/Grande Ocean/Waiohai) through ROFR when the Trust is deep in everything else, but shallow in those legacy gems. I think this would also mean that one day we will be allowed to selectively enroll our post-June 2010 weeks via some restricted method (ie, if you're already enrolled, then you can do something and add your post-June 2010 resale) because they still need that legacy gem in the system.

Interesting stuff.

Best,

Greg

 

[SueDonJ]

... This also gives a clue on what the Trust might look like in five years -- heavily overweighted towards the Post-2010 Developed properties (Grand Chateau, Big Island, South Beach, San Diego, Shadow Ridge Enclaves II, etc). ..

I think one day it will be near impossible to get a premier legacy property (Maui Ocean Club/Grande Ocean/Waiohai) through ROFR when the Trust is deep in everything else, but shallow in those legacy gems. I think this would also mean that one day we will be allowed to selectively enroll our post-June 2010 weeks via some restricted method (ie, if you're already enrolled, then you can do something and add your post-June 2010 resale) because they still need that legacy gem in the system.

Interesting stuff.

Best,

Greg

I agree. I also think that as time goes on the newer resorts will generate more interest by the newer/younger owners/members who will of necessity be Trust Members, effectively blocking easy exchanges to the newer resorts by II and Enrolled Members. Not ever to the extent that the sales reps like to say will happen (e.g. "you'll need Trust Points to get into the new resorts") because certain existing Weeks will always be high-demand and as Trust Members exchange for those they'll be generating mingling among the pools, but as time goes on we non-Trust Members will notice difficulties with exchanging to the latest and greatest.

Think of how it worked when Weeks were the only game in town. As an example I'm thinking specifically of when Crystal Shores was the crown jewel. Even though there were many, many unsold Weeks, MVC still controlled the inventory so that you needed a high-powered exchanger to get in through II. That was how they generated sales. The same could happen to some extent with Points - even though a bulk conveyance of a new resort would result in tons of inventory available for booking, MVW could limit DC Exchanges internally by using it to generate sales through Preview stays, as cash stays through MI, etc. instead of making it all available to any Points users.

It's not something to worry over, IMO, or something that makes me think I have to go out tomorrow and buy Trust Points! But it's another thing to think about as we watch the DC mature.

 

[taffy19]

I wonder how many years it will take before all the weeks will be converted to the trust? A generation or two or sooner? Any opinions?

 

[taffy19]

Hi Emmy,

Those weeks did not appear, there's only one three-bedroom that was added to the trust, a week 37. I will keep an eye out for that week, that would be a great addition to the trust.

Best,

Greg

Hi Greg, I wonder if these two weeks were sold but passed the ROFR test? Not everyone reports it here or even knows about to report it here. Would a Real Estate Broker know or a Title Company?

 

[GregT]

Hi Greg, I wonder if these two weeks were sold but passed the ROFR test? Not everyone reports it here or even knows about to report it here. Would a Real Estate Broker know or a Title Company?

Emmy,

I think they must have passed ROFR because enough time has passed where they would have been deposited to the Trust. The only 3BRs that are close to those are connecting weeks 15 and 16, and there are two different floors of 3BRs (10th floor and 11th floor) -- so those are great weeks.

I will keep an eye out for those in case they ever appear. Do you recall what the pricing was for the weeks?

Best,

Greg

 

[taffy19]

They started very high and I talked to the broker (RedWeek) about it but they came down later. I don't remember the prices now but took a picture of the RedWeek ad so will try to dig it up.

I believe, at the end, they were about the same price as what the re-sale office is charging. I told my husband to offer low but he didn't want to take a chance and then ending up with nothing as we needed that particular week so we didn't rescind next door. You know the story and we pay so much less maintenance fees now and do not have to worry about renting part of it out every year.

I would have loved to have that 3 BR condo on the 9th floor! It is so much lighter inside than the Hyatt condos are because of the deep lanais over there but we love living outside in Hawaii which you can do in the spring. You will find out next year in Ko'olina.

 

[dioxide45]

Breakdown of Inventory Added

Resort....................................Total
Grand Chateau........................11,569,250
Grande Vista..........................1,528,500
Cypress Harbour.......................1,295,250
Ocean Pointe............................875,500
Desert Springs II.......................856,750
Shadow Ridge............................829,500
Maui Ocean Club.........................704,250
Harbour Lake............................686,250
Ritz Carlton Club - Lake Tahoe..........633,750
Ritz Carlton Club - San Francisco.......628,500
Ritz Carlton Club - St Thomas...........515,500
Grande Ocean............................453,500
Ritz Carlton Club - Vail................447,750
Newport Coast...........................442,250
Waiohai.................................435,250
Kauai Beach Club........................430,500
Desert Springs I........................405,250
BeachPlace Towers.......................388,750
Barony Beach Club.......................327,000
Mountain Side...........................305,750
Timber Lodge............................292,250
Summit Watch............................282,000
Surfwatch...............................274,750
Ocean Watch.............................258,000
Royal Palms.............................247,250
Manor Club..............................230,250
Willow Ridge Lodge......................203,750
Maui Ocean Club Sequel..................199,750
Sabal Palms.............................172,000
Fairway Villas..........................162,250
Mountain Valley Lodge...................139,250
Legends Edge............................133,750
Canyon Villas...........................133,250
Lakeshore Reserve.......................118,750
Villas at Doral.........................111,750
Manor Club Sequel.......................106,500
Ko'Olina................................102,750
Oceana Palms.............................90,500
Imperial Palms...........................80,500
Monarch at Sea Pines.....................71,250
Shadow Ridge II..........................59,500
Frenchman's Cove.........................54,500
Grand Residence Lake Tahoe...............28,750
Crystal Shores...........................25,250
Heritage Club............................23,750
Streamside...............................19,750
Harbour Pointe...........................16,250
Harbour Club.............................15,750
Sunset Pointe.............................1,500
Total ...............................27,414,500

 

[dioxide45]

Total Trust

Resort.....................................Total
Grand Chateau.........................51,228,000
Ko'Olina..............................29,784,500
Newport Coast.........................28,185,750
Oceana Palms..........................23,163,000
Kalanipu'u............................18,293,500
Timber Lodge..........................17,088,250
Grande Vista..........................14,932,250
Shadow Ridge II.......................13,291,500
Ritz Carlton Club - Vail..............11,732,000
Maui Ocean Club.......................10,109,250
Crystal Shores.........................9,499,250
Maui Ocean Club Sequel.................8,264,500
Ocean Pointe...........................7,062,750
Cypress Harbour........................6,728,750
Harbour Lake...........................6,681,250
Shadow Ridge...........................6,194,500
Desert Springs II......................5,994,000
Canyon Villas..........................5,345,750
Willow Ridge Lodge.....................4,115,000
Grand Residence Lake Tahoe.............3,963,250
Ocean Watch............................3,944,500
Kauai Beach Club.......................3,913,750
Desert Springs I.......................3,465,250
Waiohai................................3,406,750
BeachPlace Towers......................2,602,750
Barony Beach Club......................2,412,500
Ritz Carlton Club - San Francisco......2,369,250
Grande Ocean...........................2,335,750
Fairway Villas.........................2,176,250
Surfwatch..............................1,947,500
Mountain Side..........................1,822,500
Frenchman's Cove.......................1,752,750
Villas at Doral........................1,589,250
Royal Palms............................1,566,750
Lakeshore Reserve......................1,484,250
Summit Watch...........................1,406,250
Ritz Carlton Club - Lake Tahoe.........1,402,250
Ritz Carlton Club - St Thomas..........1,296,000
Legends Edge...........................1,286,250
Manor Club.............................1,245,750
Sabal Palms............................1,212,750
Streamside...............................999,250
Mountain Valley Lodge....................947,750
Manor Club Sequel........................814,750
Monarch at Sea Pines.....................702,750
Harbour Pointe...........................521,750
Imperial Palms...........................506,000
Harbour Club.............................189,750
Heritage Club............................168,250
Sunset Pointe............................109,250
Total................................331,255,500

 

[taterhed]

With another 10.7M points being added to the Trust for Grand Chateau, this means over 50M of the ~330M of the Trust are Grand Chateau. That's 15% of the Trust -- wow.

This also gives a clue on what the Trust might look like in five years -- heavily overweighted towards the Post-2010 Developed properties (Grand Chateau, Big Island, South Beach, San Diego, Shadow Ridge Enclaves II, etc). Each of these should contribute large numbers of points as they are released. We may see 25M in points from the Big Island alone (~100 rooms x 5,000 points/week x 50 weeks). Shadow Ridge will also be huge because of the sheer size of Enclaves II, but I don't think they can deviate too much from the current Shadow Ridge point structure. San Diego/Miami/Big Island, they don't have the constraint and could choose to inch up the points requirements -- huge benefit to them in terms of manufacturing inventory.

I think one day it will be near impossible to get a premier legacy property (Maui Ocean Club/Grande Ocean/Waiohai) through ROFR when the Trust is deep in everything else, but shallow in those legacy gems. I think this would also mean that one day we will be allowed to selectively enroll our post-June 2010 weeks via some restricted method (ie, if you're already enrolled, then you can do something and add your post-June 2010 resale) because they still need that legacy gem in the system.

Interesting stuff.

Best,

Greg

Now you're talkin... I'm hoping that someday we'll be offered a post-2010 enrollment. But, who knows. As the Maui situation changes over the next few years, there might be some jewels in the rough (expensive jewels) to be nabbed before they become unattainable. Guess we'll see. I'd certainly buy an island/mt view to get enrollment. just sayin.

 

[disneymom1]

Resort.....................................Total
Grand Chateau.........................51,228,000
Ko'Olina..............................29,784,500
Newport Coast.........................28,185,750
Oceana Palms..........................23,163,000
Kalanipu'u............................18,293,500
Timber Lodge..........................17,088,250
Grande Vista..........................14,932,250
Shadow Ridge II.......................13,291,500
Ritz Carlton Club - Vail..............11,732,000
Maui Ocean Club.......................10,109,250
Crystal Shores.........................9,499,250
Maui Ocean Club Sequel.................8,264,500
Ocean Pointe...........................7,062,750
Cypress Harbour........................6,728,750
Harbour Lake...........................6,681,250
Shadow Ridge...........................6,194,500
Desert Springs II......................5,994,000
Canyon Villas..........................5,345,750
Willow Ridge Lodge.....................4,115,000
Grand Residence Lake Tahoe.............3,963,250
Ocean Watch............................3,944,500
Kauai Beach Club.......................3,913,750
Desert Springs I.......................3,465,250
Waiohai................................3,406,750
BeachPlace Towers......................2,602,750
Barony Beach Club......................2,412,500
Ritz Carlton Club - San Francisco......2,369,250
Fairway Villas.........................2,176,250
Surfwatch..............................1,947,500
Grande Ocean...........................1,882,250
Mountain Side..........................1,822,500
Frenchman's Cove.......................1,752,750
Villas at Doral........................1,589,250
Royal Palms............................1,566,750
Lakeshore Reserve......................1,484,250
Summit Watch...........................1,406,250
Ritz Carlton Club - Lake Tahoe.........1,402,250
Ritz Carlton Club - St Thomas..........1,296,000
Legends Edge...........................1,286,250
Manor Club.............................1,245,750
Sabal Palms............................1,212,750
Streamside...............................999,250
Mountain Valley Lodge....................947,750
Manor Club Sequel........................814,750
Monarch at Sea Pines.....................702,750
Harbour Pointe...........................521,750
Imperial Palms...........................506,000
Grand Ocean..............................453,500
Harbour Club.............................189,750
Heritage Club............................168,250
Sunset Pointe............................109,250
Total................................331,255,500

Interesting! The trust is heavily loaded with Vegas, Hawaii and Orlando.
Grande Ocean is on the list twice. Typo?

 

[dioxide45]

Interesting! The trust is heavily loaded with Vegas, Hawaii and Orlando.
Grande Ocean is on the list twice. Typo?

Thanks for catching that. Yeah seems to be a typo. When I added the new ones to my list, I didn't use the "e" on Grande. I will fix these.