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Old 03-08-2008, 11:19 AM
abe abe is offline
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abe Level 1 (45)
Default Watermark fractional ownership--Cabarete

I have recently learned of a fractional ownership project touted for Kite Beach by a firm called Watermark. When you enter their website, you find references to their (perhaps) ownership of the Ramada Hollywood Beach and the Casablanca in Miami Beach, as well as some kind of vacation club. Vacation clubs enjoy a reputation worse than the worst of timeshare ripoffs, and these two hotels have Trip Advisor reviews worse than some prisons I have heard about.

So who are these people and what are they trying to do? For example, the rendering on the website appears to be well in excess of the three storey limit for multi-unit buildings.

Etc. etc.
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Old 03-08-2008, 01:56 PM
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STEVE G. Level 1 (18)
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Watermark fractional ownership--Cabarete
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Old 03-13-2008, 09:33 AM
abe abe is offline
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abe Level 1 (45)
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FYI--this discussion has been moved to Real Estate.
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