CROWN RIDGE
TOWB Completes Repurposing Project at Crown Ridge Resort (resorttrades.com)
RESORT: Crown Ridge
LOCATION: Conway, New Hampshire
Units: 20
Start: November 2020
Finish: May 2022
The process:
133 foreclosures
554 deeds returned
Title work 1,040 intervals – both deeded and in trust
New whole unit association
Over $7M in sales
Distributions $6,400 and $8,333 per owner per week
“Joe, again thank you for your honesty and integrity while handling this transaction for all of us.
Your professionalism by keeping us informed, including us in the decision making and follow through until the end was top notch.
I am a former Business Consultant, so I understand how difficult the task was in converting Crown Ridge and I am so impressed with how you handled all of this. Best wishes to you in your future projects. Your clients are in good hands. Ray and Pauline.”
“Thanks for your hard work and diligence Joe. For many of us you turned a situation where we saw no reasonable way out into an opportunity for others that had a desire to live in a great location.
We enjoyed our 30 years at Crowne Ridge but we knew it was time for it to end. Many of my friends that have similar dead end timeshare ownerships are amazed that you pulled it off.
Several are now pushing their BOD’s to look at all options. Best of luck and success to you in the future. Paul”