Attention Fractional Real Estate Developers, Introducing…
David M. Disick, Esq.
Which of these apply to you?
- You’re an experienced fractional developer wanting a bit of advice so you have extra assurance that you’re making the optimum decisions for your development
- You’re an experienced developer in another industry and want the comfort of a second opinion from someone with knowledge and practical know-how in all aspects of fractional real estate development
- You’ re a newcomer to the industry intrigued by the significant profit potential in fractional real estate, but don’t want to fly solo without the security of a co-pilot by your side
If any of the above describe you, now could be a good time to get acquainted with David M. Disick, Esq., The Fractional Consultant.
David’s “Been There/Done That”-Expertise
Can Offer Solutions to Your Development Challenges
As a developer, David understands what it means to beat the bushes for seed capital. He knows how to negotiate the ins and outs of seeking equity, debt and purchaser financing.
His presentations for financially sound projects have warmed the cockles of the heart in even the most skeptical, tight-fisted bankers.
David has weathered glacial permit approvals, pie-in-the-sky-architects and over-budget, behind-schedule contractors. He has successfully managed professionals from disparate fields so they work together as one fine-tuned engine.
He has stayed the course amid economic downturns, marketing and sales turbulence and stormy HOA meetings.
David knows what it’s like to lead a development to completion in both fair weather and foul—from the gleam in a developer’s eye to the glowing accolades of happy homeowners and satisfied investors.
These skills make up the blueprint for fractional real estate development success.
Do you possess all of them, or do your skills need to be augmented somewhat?
“Leading-edge business thinking”
“I have known David since he entered the fractional real estate industry with the launch of Franz Klammer Lodge in Telluride, Colorado.
David presents a profile unique in the industry—his legal and financial Wall Street background plus the practical knowledge and marketing and sales savvy of someone who has been in the trenches. The result is David’s leading-edge business thinking.”
Edwin H. McMullen, Sr.
Senior Partner, McMullen Development
Some of the numerous services David offers to his clients include:
- Sourcing, negotiating and generating financing for developers as well as financing for fractional purchasers
- Crafting business plans and budgets for projects that financial sources will want to bankroll
- Creating door-buster marketing and sales programs without busting the budget
- Devising a fractional offering and owner-friendly reservation system custom-tailored to owner needs
- Developing a fractional pricing strategy
- Advising generally in executing the development plan
- Generating all legal documents pertaining to a fractional or destination club offering
- Conducting sales training workshops for the developer’s sales staff
- Advising on the creation of a Home Owners’ Association, its documentation and budget
- Serving as a spokesperson in the media and writing articles on behalf of clients
To read David’s interview in The New York Times, click here >>
To read David’s article in Fractional Report, click here >>
- And more, upon request
In addition, as a result of decades-long relationships with top leaders in the industry, David can introduce his clients to associated professionals and service providers to the industry who can deliver necessary work and services on time and on budget.
I wanted to express to you my deep appreciation and respect for the great work that you have done for Lifestyle Asset Group since December of 2010.
Your expertise has been invaluable to us in just about every aspect of our business.
We believe that you have become more than a consultant, but also a team member and a friend.
We look forward to much more work with you ahead.
Richard Keith, CEO
Imagine you wanted a fractional consultant
to stand squarely in your corner
as your trusted advisor…
Who would you choose?
- Someone with background solely as a marketing and sales person, or would you choose…
- A fractional real estate developer, attorney and fellow entrepreneur who has knowledge, skill and expertise in every aspect of fractional development?
Whose judgment and counsel would you trust more and feel more secure with?
Who would you want as your fractional consultant—an indian or a chief?
Now, Here’s the Absolutely True (and Documented!),
Never-Before-Told Inside Story of David’s Professional Career
After graduation from Cornell University and the University of Pennsylvania Law School, David practiced at the Wall Street law firm, Davis & Cox. This firm’s clients included Howard Hughes and the English Rothchilds, whom David personally served.
David would often gaze down onto the panoramic view of New York harbor—and out toward the misty Statue of Liberty in the distance—from the vertiginous heights of the thirty-first floor of his downtown Manhattan office skyscraper.
He wished he were free to pilot one of the numerous pleasure boats—white dots on cobalt water—instead of being stuck at his desk tied down by endless piles of paper for sixty-plus hours a week.
He wished he could somehow combine work and fun.
He would think of a well-known jewelry designer, a family friend, who was still plying his trade, although he was in his 80’s. When David asked the man what kept him working, the jeweler replied, “I bring pleasure to people.”
David thought, “All I bring is litigation.”
David reached a tipping point after emerging victorious in a patent lawsuit against corporate goliath Bausch and Lomb.
One night, he awoke at 3 a.m. with a creative idea on how his client could structure the income from his substantial settlement.
David spent a few hours crafting an opinion letter supporting his legal treatment of the income. His saved his client seven figures in expenditures. For this work, David billed his usual time charges.
“What’s wrong with this picture?” he thought.
At that moment, an entrepreneur was born.
When a development opportunity arose in Sugarbush, Vermont—where David owned a vacation condominium for skiing and tennis— he put away his three-piece, pin-striped suits and his Gucci loafers and seized the day.
He and his wife chucked their comfy Manhattan lifestyle for the relatively bucolic Warren, Vermont, a five-and- a-half-hour drive from New York City.
The population at the time was about 3,000 people.
David formed an investment group with some fellow condominium owners to develop his starter project, South Village at Sugarbush. It consisted of 72 free-standing condominium vacation homes on 72 acres with ski-on/ski-off access to the slopes.
South Village at Sugarbush was cited by its lender, The Royal Bank of Canada, as a case study model for coming in on time and on budget.
David stayed on to head up the management company that cared for the property and rented it out year-round on behalf of his owners
When the time came for even more lofty challenges, David chose Telluride, Colorado—population approximately 1,900 and elevation 9,000 feet.
At Telluride, he entered into a joint venture with the owner of the ski company, Ron Allred, to develop some prime land in the very heart of Mountain Village.
The land was blessed with an exceptional location in the heart of the village—adjacent to the ski lifts, the huge hotel spa and the 18-hole golf course.
Franz Klammer Lodge was the most honored fractional real estate development of its era.
Franz Klammer Lodge won a total of nine prestigious Ardy awards—for architecture, marketing and sales and décor, among others—from the American Resort Development Association, the industry’s professional trade association.
It was Franz Klammer Lodge that coined and first used the term, Private Residence Club (“PRC”), thus creating a name and benchmark for quality, luxury and service in fractional real estate development.
This term has since been adopted by the fractional ownership industry to designate the uppermost market niche of fractional real estate properties.