A Bold, New Paradigm For Second-Home Ownership: Lifestyle Asset Group Launches PortfolioOne LLC
Lifestyle Asset Group, the most enlightened second-home ownership model in the world, today announced the launch of PortfolioOne LLC, offering equity interest in 12 multimillion-dollar vacation homes in world-class destinations. With just 100 positions available until the Feb. 28, 2012 closing, PortfolioOne presents a unique option for those looking to buy second homes or alternative products, offering unrestricted use of luxury homes in multiple locations at a per-night cost similar to staying in a single hotel room. Tailored to today’s economic realities, PortfolioOne acquires all residences in cash, removing all risks associated with debt. Additionally, the exit strategy is innovative and clear, disbursing the proceeds to owners at the divestiture process.
“This is an intelligent, revolutionary new model that embraces everything good about a shared model with none of the disadvantages,” said Richard Keith, CEO of Lifestyle Asset Group, who heads the veteran team that previously led Private Escapes Destination Clubs to global prominence. “A clear, planned exit strategy acknowledges the fact that modern living requires flexibility.
The rest of this content is for registered users only.
Login now or Register Free Here for full access to all articles, reader offers, competitions, groups and forums.
