Money News: Equity Estates - The Smart Alternative for Savvy, World Travelers

AddThis Social Bookmark Button

Equity Estates' Luxury Residence Fund offers investors a smart alternative for dream vacations while also making a sound financial investment. This private fund allows for the opportunity to own a portfolio of exceptional residences without the troubles of ownership.

The diversified global portfolio includes access to 70+ spectacular private residences spanning 30 countries that average $2 to $4 million each.

Founder Philip Mekelburg saw a trend in luxury destination clubs but felt there was a gap in the market for those who preferred true equity ownership and variety. With this in mind he and his partners launched a company that raises capital from luxury vacationers and second home buyers.

We’re seeing a trend with ownership vacationing evolving past the traditional 2nd home model and timeshares to so much more. Equity Estates and others offer a smart alternative for savvy travelers.

Aside from Equity Estates, there is the Canadian based Luxus Group with a similar equity/luxury home ownership model as Equity.

There is also The Hideaways Club who also offers a global portfolio of luxury villas and chalets. But, it doesn’t stop at travel. There is the company PartnerShips, which offers the same equity opportunity as Equity Estates (home) but for YACHTS. And, of course, the most widely known fractional ownership opportunity is probably NetJets for planes.

In return the investors, also known as “owner-members” own a diversified portfolio of the best homes in the most desirable locations with professional property management and five star concierge support.

A standard investment is equal to about one-half of the typical 20 percent down payment on any one of these single vacation homes.

The return on this investment (ROI) is measured in three ways—1) long term gains to share when the properties sell for a profit and proceeds are shared with the investors, 2) consistent outstanding quality vacations with personal travel concierge attention, and 3) investors share in the actual operational costs and carry of the homes prorated amongst all investors with no markup. 

As a result, average nightly costs work out to 25% to 50% of what a similar home would cost rent, if one could find a home of similar quality and with similar support services to make the vacation experience truly hassle free.

“Over the past 20 years, the resort real estate market has grown at a compounded rate of over 10% per year. There is no better hedge against inflation than real estate. Our success is measured by return on investment and return on living. We take pride in designing inspired experiences that create lifelong memories. This is undoubtedly the smartest way to own and enjoy luxury vacation homes around the world,” explains Equity Estates Founder Philip Mekelburg.

Of course, ownership in Equity Estates has its privileges - everything is taken care of for you. And this is a major selling point for investors who want to own, but not worry about the hassle and upkeep that comes with vacation home ownership.

Property management and maintenance are included, and accommodations are luxurious with five-star concierge services. 

Support services include researching and procuring the best transportation options; pre-arrival grocery shopping; making dinner reservations, spa appointments and/or golf tee times; procuring ski passes, concert tickets and access to other events; and arranging for babysitting services and/or activities for the children and much more. There are no fixed weeks or nightly minimums with home reservations.

Currently, Fund I investors are looking forward to 2021, and Fund II to 2025 when each fund plans to sell off its homes and share in any profits. Prior to that, there are methods in place to sell one’s stake in the fund, “it’s happened over a dozen times, but we prefer to find investors that understand the value of sticking with the general long term plan,” shared Philip Mekelburg.

For more information, visit equityestatesfund.com.

Images owned and under copyright protection of Equity Estates Fund and used with permission.

 

Haute Tease

  • E.L. Doctorow, Novelist, Professor, Author, Dead at 84.

    AddThis Social Bookmark Button

    E.L. Doctorow, a quintessential New York novelist and author of such well known and highly regarded novels as World's Fair, Billy Bathgate, Loon Lake and Watership Down has died according to family. He was 84.

     
  • Tribeca Film Acquires North American Rights to British Drama STARRED UP

    AddThis Social Bookmark Button

    New York, NY – November 7, 2013 – Tribeca Film today announced it has acquired North American rights to Scottish director David Mackenzie’s award-winning gritty prison drama “Starred Up,” which stars Jack O’Connell (“Skins,” Angelina Jolie’s upcoming “Unbroken”), Ben Mendelsohn (“The Dark Knight Rises,” “The Place Beyond the Pines”), and Rupert Friend (“Homeland”).

     
  • Denver Film Society Announces 37th Starz Denver Film Festival Films in Competition and Award Recipients

    AddThis Social Bookmark Button

    For Immediate Release (Denver, Colo.) -The Starz Denver Film Festival (SDFF), sponsored by Starz Entertainment and produced by the Denver Film Society, announced today its films in competition and award recipients. The complete lineup of films for the 37th edition, which runs November 12-23, is available adenverfilm.org/festival.

     
  • Celebrity Interview & Review: G-Force,From Walt Disney Pictures and Jerry Bruckheimer Films, Animation At Its Finest

    AddThis Social Bookmark Button

    “G-Force”, a soon-to-be released 3-D animated spy thriller, from Walt Disney Pictures and Jerry Bruckheimer Films was recently previewed for the World Media at AMC Empire Theaters in New York City.

     
  • Alec Baldwin Signs On As Executive Producer of Compared To What: The Improbable Journey Of Barney Frank

    AddThis Social Bookmark Button

    New York, NY (March 27, 2014) Alec Baldwin has signed on as executive producer for the highly anticipated and controversial documentary COMPARED TO WHAT: THE IMPROBABLE JOURNEY OF BARNEY FRANK making its world premiere on April 27, 2014 as part of the Tribeca Film Festival.  This is Mr. Baldwin's latest film having recently produced ELAINE STRITCH: SHOOT ME.

     
  • Oscar® Week Events Celebrate Nominees

    AddThis Social Bookmark Button

    The Academy of Motion Picture Arts and Sciences will present a series of public programs celebrating this year's nominees in the Animated Feature Film, Documentary Feature, Documentary Short Subject, Foreign Language Film, Makeup and Hairstyling, Original Score, Animated and Live Action Short Film categories.

     
  • Jack Black to Perform At The Oscars®

    AddThis Social Bookmark Button

    The versatile actor, singer and comedian Jack Black will make a special appearance at the 87th Oscars, show producers Craig Zadan and Neil Meron announced today. The Oscars, hosted by Neil Patrick Harris, will air on Sunday, February 22, live on ABC.