DC4MS

Legacy Luxury Destination Club

Legacy is a premier private equity investment group that combines the economic virtues of investing in a diversified, highly desirable real estate portfolio with the lifestyle benefits of vacationing in luxury residences in the world's most cherished destinations. Legacy owners invest in the company because they seek a first-class and hassle-free vacation lifestyle and desire the security and potential return of real estate ownership.

* Legacy is a member-owned club
* Legacy member-owners hold title to the portfolio of properties.
* There are no mortgaged homes or leases held by Legacy.
* Legacy holds fast to a 7:1 member-owner family to property ratio.
* Legacy membership deposits are place in escrow until 7 memberships are fulfilled. Only at that point is a new home purchased.
* New Legacy homes are purchased outright with the member-owner’s deposits.
* Member-owner’s one-time fee is used only to purchase wholly owned real estate.
* As the Legacy homes appreciate, the appreciation is returned to the member-owners and not to the Legacy Management Team.
* If a member-owner leaves the Legacy family, he/she will receive 90% of their initial investment back.
* Based on projections and at full subscription, they anticipate having 350 owners with 50 residences.

Gold Membership
Membership fee - $200,000
Equity - 10,000
Annual fee - $25,000
Nights - 30
Family only

Platinum Membership
Membership fee - $250,000
Equity - 10,000
Annual fee - $25,000
Nights - 60
Family only

Corporate Membership
Membership fee - $300,000
Equity - 10,000
Annual fee - $30,000
Nights - 60
Any occupancy

I was not able to find the address or phone number to contact them, but here is their web site:
Legacy Luxury Destination Club

Here is some information about their website from WHOIS:
Calvert Communications
kris@calvertcomm.com
2341 Abbeywood Road
Lexington, KY 40515
Phone: 859 2738142

LTTravel

Looks like nothing more than a website for now. Good luck to them in this current market when other DC's are coming out with homes before seeking new members like Lusso and DHH did.