Jeff Ingram never expected a summer job at a Kissimmee hotel to shape the course of his life. But more than four decades later, his journey through hotel operations, vacation rentals, and timeshare leadership has led him to a unique role - reimagining aging resorts across the country. Today, he serves as Senior Vice President of Real Estate Redevelopment at Lemonjuice Capital Solutions.
During in-depth conversations with timeshare HOA boards across the country, one theme has consistently emerged — the critical importance of understanding the nuanced needs of owners. As one long-termed board president aptly stated, "Owners reveal their desires both through their words but also, and sometimes even more loudly, by how they use their checkbooks."
Alex Krakovsky’s journey from a timeshare owner in Ocean City, Maryland, to the Chief Executive Officer of Lemonjuice Capital Solutions is a compelling story of curiosity, perseverance, and innovation. Through personal experiences and a keen eye for opportunity, Krakovsky transformed his understanding of timeshares into a career dedicated to revitalizing and reimagining legacy resorts for a sustainable future.
by Art Szmuriga, Former Board President, Cedar Village Resort. I can speak from positive experience regarding the repurposing of an aging timeshare resort. I was the President of Cedar Village in Beech Mountain, NC, a small fifteen-unit complex. All units were three-bedroom. Cedar Village was built in the early 1970s. It was a thriving association at one time, but in later years, it faced the typical challenges of a declining and aging ownership base, resulting in decreasing annual revenues to support the complex. We tried various strategies to reinvigorate the complex, association, and ownership, but our results were limited and insufficient for long-term sustainability.
Lemonjuice Solutions is proud to announce a major milestone – a $30 million investment to revitalize legacy timeshare resorts. This achievement reflects our unwavering commitment to transforming these properties into vibrant, sought-after vacation destinations through a strategic and quality-driven approach to resort management.
Many timeshare resorts across the country face a critical challenge: timeshare plan expiration dates. These plans, which serve as the legal framework for timeshare resorts, sometimes include provisions for termination at specific future dates. When a timeshare plan expires, the impacted resort ceases to function as a timeshare, leaving owners without clear guidance on what comes next. ARDA-ROC is leading the way in timeshare termination legislation.
Lemonjuice Solutions has completed the sale of The Yachtsman
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.
Lemonjuice Capital and Solutions has announced the sale of Palm Beach Resort & Beach Club (PBR) timeshare resort in Palm Beach, FL, for $9.75 million. Timeshare owners will receive, on average more than $6,400 per timeshare interest.
Timeshare companies are going well beyond recycling programs and biodegradable straws in the search for energy and water efficiency, sustainability, and conservation. Along the way, they’re realizing that such initiatives can make them greener in more ways than one.
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