Lemonjuice Capital Partners
We work on repositioning resorts, not individual deeds, but here is what individual owners say:
“If it weren’t for you, we would have had to give our unit away for nothing.”
Rodney and Susan Oak, Baltimore, MD.
“My wife and I were pleasantly shocked when we received our check.”
Peter Reid, Dunkirk, MD.
“Thank you for taking the bull by the horns.”
Waves timeshare owner.
Solutions for tough decisions – Understanding the challenges and finding the right path for the highest and best future of timeshare resorts
The challenges are real. Timeshare HOAs and management need viable solution for current marketplace realities:
●Non-revenue generating inventory
●A need for funding to sustain operations
What we do
Lemonjuice Capital invests in selected legacy resorts enabling them to achieve their highest and best use.
The time has come for a growing number of Timeshare HOAs to address sustainability of their properties. The status-quo and the legacy practices of managing and operating older properties might not work in the long-term. Ignoring these realities and failing to act can force a resort into insolvency and possible bankruptcy. Some timeshare resorts have ceased operations or are heading toward failure. The resulting chaos can be devastating for owners. Instead of owning valuable property, they would end up with a personal liability to pay for something that no longer delivers adequate value.
How we do it
We'll review your needs and prepare a plan and provide funding to implement long term solutions.
To achieve positive outcomes and to avoid chaos, the Board of Directors must be proactive. When delinquencies and defaults are on the rise, reserves and operating funds decrease. When those situations become prolonged, the ability of the resort to sustain operations comes into question. The sooner the Board analyzes the situation, the sooner the resort will be able to plan a course of action and implement the necessary changes.
There is no cookie-cutter approach
Your resort has unique circumstances and requires custom solutions.
A growing number of resorts are at a cross road. They need to plan for the future and must reset priorities. Should your resort:
●Wind-down operations and convert to wholly-owned condominiums or to a hotel.
●Consider moving toward a hybrid solution of being part hotel, part condominium and/or part timeshare.
●Explore options for keeping a portion of the property operating as a timeshare, vacation club or travel club.
Taking a go-it-alone approach entails significant risks and can cost the resort precious time and money. It takes professional expertise to assess the situation and to avoid costly wheel-spinning. It takes capital to implement the right solution.
Often overlooked is the underlying value of the real estate of each resort.
Our approach is to invest in the property, and the transformation of the resort. We know how critical it is to keep owners informed and engaged. We understand that cost-containment is critical. We have developed systems and procedures for gaining clear title, securing title insurance on the property with complex ownership, and working through the legal requirements to assure compliance with your resort's governing documents and state statutes. We invest to realize the maximum return on the underlying value of the real estate for the benefit of all legitimate stakeholders.
We invest the necessary capital. There is no requirement for outside debt financing.
Lemonjuice Capital will take on the financial burden by investing into restructuring and repositioning your resort's assets. There are no surprises or hidden agenda. Details of the arrangement are spelled out in advance for review and approval by the Board and its local counsel. Of utmost importance is protecting the interests of the dues-paying owners.
Who We Are:
Lemonjuice Capital Partners is managed by Alexander Krakovsky (Alex). Prior to establishing Lemonjuice Capital, Alex spent ten years on an executive team that built a power company, ContourGlobal, that he co-founded. Prior to ContourGlobal, he managed a very successful investment fund for emerging markets.
Our recent projects
Results matter. We'll put you in touch with other resorts that have worked with us.
Check out our recent project – The Waves Timeshare Termination & Condominium Sale
Press release: http://www.prweb.com/releases/2016/10/prweb13744334.htm
For a free consultation, please send us this contact form: Contact
Investor inquiries, please use this Investor Contact Form