Discover the Savary Island
 

Welcome to our Savary Island Archive. Have fun browsing!

 

(Browse for more articles)

 

Condo Hotels: The Math

The SEC has legitimate concerns about purchase a condo hotel, are told to
some condo hotel developers selling units consider it just as simple real estate.
in their projects based solely on the To attempt to ignore the rental income
'forward looking investment potential'. potential and make their purchase more
If developers were left unchecked, with a like a second home or vacation residence.
pile of spreadsheets touting income But the income potential is still a large
potential, every condo hotel unit in the part of the decision. When the consumer
country might cash flow at remarkable is told by the real estate sales
levels, on paper, and every small real representation that they cannot in any
estate investor would have a PhD in condo way discuss income or income potential,
hotel lingo. This is the fear.I believe time and again the consumer feels
we are not giving the consumer enough something is being withheld. I have
credit, but I understand the fear. ADR, witnessed as the potential condo hotel
Occupancy, RevPar, the language of the buyer asks "why?"The consumer deserves an
hospitality industry can appear sexy at open dialog about risks and rewards in
first glance. Nightly rates, rack rates condo hotel ownership. Attempts are being
and Average Daily Rate (ADR) can vary made to create a firewall between real
widely. Occupancy at a hotel has so many estate sales and hotel rental management
variables. Hotel management is one part departments but it is still disjointed
science, and one part art, but it is all and spooks consumers trying to understand
business. Real estate salepeople and their purchase decisions.As CPAs,
developers are not licensed to sell financial advisors, bankers and other
business interests and this is the crux trusted consultants better understand
of the dilemna.SEC rules require that this new real estate product, its
securities or business interests are sold potential and risks the gap in the
with complete and proper disclosure, but information for the consumer can be
disclosure is such a slippery slope. bridged.Bob Waun
Afterall so many other real estate CEO
properties are sold for their investment Vacation Finance
potential, like apartment buildings and Vacation Finance, America's First Second
warehouses, why are condo hotels treated Home Lender is an innovator in condo
more conservatively?Consumers, while on hotel mortgage lending and has been a
vacation, buy condo hotel, not savvy leader in educating consumers and
seasoned investors. Again, I think we are developers in the risks and rewards of
giving the consumer far too little credit this new product.
and information.Consumers who look to




www.savaryonline.com keyword stats [2007-03-09-2007-03-09]


Other search phrases:

hotels rates columbia south carolina property
st john virgin islands villa new homes listings
district of columbia real estate los angeles news
savary island rent south beach century 21 agents
caribbean real estate for sale eastern shore maryland
all islands real estate baltimore maryland md
real estate for sale in columbia embassy suites columbia south carolina
library columbia south carolina charleston historic district
washington dc real estate cpr british columbia
islands in the carribean the west indies islands
columbia south carolina farmers market caribbean history of
florist in columbia south carolina south carolina real estate broker
marriott columbia south carolina





1- A- B- C- D- E- 2- 3- 4- 5- 6- 7- 8- 9- 10- 11- 12- 13- 14- 15- 16- 17- 18- 19- 20- 21- 22- 23- 24- 25- 26- 27- 28- 29- 30- 31- 32- 33- 34- 35- 36- 37- 38- 39- 40- 41- 42- 43- 44- 45- 46- 47- 48- 49- 50-