Ragatz Realty represented RWGroup in the sale of their resort timeshare assets to Holiday Inn Club Vacations Incorporated. The assets had been operating under the umbrella of The Ridge Resorts with four separate properties in the Lake Tahoe area of Nevada.
The four properties include The Ridge Tahoe, The Ridge Pointe, the Ridge View and The Ridge Crest. Collectively, they contain 378 units. They have been rebranded as Holiday Inn Club Vacations Tahoe Ridge Resort, and now operate as a single entity.
MAMMOTH MOUNTAIN
Ragatz Realty and Avison Young jointly negotiated the sale of approximately seven acres of vacant development land at the base of Mammoth Mountain Ski Area in California. Mammoth is a popular, all-season resort located near Mammoth Lakes in the Eastern Sierra region of the state.
The Little Nell Hotel Group, a division of Aspen Skiing Company, was the buyer. The seller of the land was a private equity firm based in New York with significant investments around the world. The Little Nell Hotel group intends to develop a hotel to complement its portfolio of owned and operated hospitality assets.
ARIZONA
SAN BERNARDINO MOUNTAINS
Ragatz Sedgwick Realty (predecessor to Ragatz Realty) and Fidelity Real Estate Agency (Fidelity Resales) represented a well-known resort shared-ownership company at an historic resort in an undisclosed location in the San Bernardino Mountains, California. Both firms were instrumental in negotiating terms of the transaction.
NORTH LAKE TAHOE
Ragatz Sedgwick Realty (predecessor to Ragatz Realty) and Fidelity Real Estate Agency (Fidelity Resales) represented a well-known resort shared-ownership company at a high-end luxury resort in an undisclosed location in North Lake Tahoe, California. Both firms were instrumental in negotiating terms of the transaction.
SANTA FE
ARIZONA & CALIFORNIA
Ragatz Sedgwick Realty (predecessor to Ragatz Realty) and Elite Alliance represented a well-known resort shared-ownership company in two separate transactions at high-end luxury resorts in undisclosed locations in Southern California and Scottsdale, Arizona. Both firms were instrumental in negotiating terms of the transactions.
HUTCHINSON ISLAND, SAVANNAH, GA
Ragatz Sedgwick Realty (predecessor to Ragatz Realty) represented the owners of a 22-acre resort site on Hutchinson Island in a sale to a major timeshare developer and operator.
The property is located at the foot of the beautiful Talmadge Bridge, directly across the river from historic downtown Savannah. The site was approved for more than 300 vacation ownership residences before being acquired by the Georgia Ports Authority for its rapidly expanding shipping operations. Ragatz Sedgwick Realty co-managed the transaction with Atlanta-based First Fidelity Companies.
NAPA
Ragatz Sedgwick Realty Inc. (predecessor to Ragatz Realty) has represented an undisclosed international investment and development company in the acquisition of a major development site located in Napa, California. The property is fully entitled for development.
Our advisory and brokerage firm worked extensively with the company in identifying numerous hospitality acquisition and/or development opportunities throughout northern California. Ragatz Sedgwick sourced the Napa opportunity and continues to represent this client on other potential property investments.
STABLEWOOD SPRINGS
Ragatz Sedgwick Realty (predecessor to Ragatz Realty) has represented Stablewood Springs Resort, LP, in its recent sale to Wyndham Vacation Ownership. The transaction included the existing Stablewood Springs Resort and Club in the Texas Hill Country near Hunt, as well as land for construction of additional timeshare units.
The overall property contains 540 acres, with 85 available for development. It is perhaps the most upscale and complete destination resort in the well-known Texas Hill Country. Prior to being purchased by Wyndham, it was marketed as a whole-ownership second home community.
HALCYON PALMS
Ragatz Sedgwick Realty (predecessor to Ragatz Realty) advised Barrasford & Bird Worldwide Ltd. in connection with the company's initial purchase of luxury vacation homes in Orlando's Halcyon Palms community. The lots were developed, and the homes will be constructed, by an affiliate of respected local builder, Park Square Homes. Under the agreement as many as 72 vacation homes - each with four or seven bedrooms - will be acquired.
Just minutes from Walt Disney World in an exclusive, gated community, and bordered by a 500-acre nature reserve, the fully managed villas at Halcyon Palms will offer unique holiday experiences to Barrasford & Bird guests from the U.K. and elsewhere.
NORTHSTAR LODGE
Northstar Lodge, a luxury private residence club in Truckee, California near Lake Tahoe has been acquired by Welk Resort Group. Ragatz Resort Realty (predecessor to Ragatz Sedgwick Realty) represented Welk Resort Group in the purchase.
The transaction included the remaining 22 whole- and fractional-interest residences in the first phase, as well as two adjacent parcels of land for future development by Welk. The sale was facilitated by Ragatz Resort Realty, in cooperation with Resort Equities Realty, Inc. The groups brought together their team of industry-leading finance, sales, marketing and legal professionals to both initiate and close the sale.