LATEST NEWS FROM LEMONJUICE SOLUTIONS
The recent “Hurricane Impacts on Timeshare Resorts Webinar” hosted by the Timeshare Board Members Association (TBMA), featured panelists Scott MacGregor, Executive VP/COO, Lemonjuice Capital and Solutions, Scott McGinness, Vice President, Property & Casualty, Gregory & Appel, and Leon Basye, CEO/President of Global Point Closing Services, as they joined webinar host TBMA president Shep Altshuler for an important discussion on the impacts of hurricanes on timeshare resorts in Florida and other areas, and covering strategic board management options, critical insurance and title issues, and the path to recovery.
The U.S. Department of Justice, on behalf of the Federal Trade Commission, and the Wisconsin Attorney General, filed suit today against Consumer Law Protection and related companies, along with their owners and operators, Christopher Carroll, George Reed, Louann Reed, Scott Jackson, and Eduardo Balderas for scamming consumers—mostly older adults—out of more than $90 million in a massive timeshare exit scam.
Lemonjuice Capital and Solutions announces the sale of the Pinecrest Townhome timeshare resort located in Pigeon Forge, TN for $5.6 million. The buyer is an effective owner that focuses on vacation rentals for Veterans and their families.
We value timeshare owners and your input and opinions. Lemonjuice Solutions’ primary focus is helping owners find solutions and good outcomes through working with Board of Directors, Resort Managers, Management Companies, and Branded Developers. Our recent "Owners Deserve Better" survey is part of an ongoing effort to make sure that timeshare owners are empowered with knowledge and information. Our findings are below along with some solutions you may choose to explore.
Lemonjuice Capital and Solutions announces the sale of Marina Bay Resort (MBR), a timeshare resort in Fort Walton Beach, FL, for $11.2 million. Timeshare owners will receive, on average, $3,100 per timeshare interest.
As legacy timeshare resorts continue to age, many have or are approaching their sunset dates as set forth in the organizational documents. Further, some boards and stakeholders of legacy resorts have begun voluntarily terminating timeshare plans.