Tuesday, November 27, 2007

The Point Purchased by Rich Folks

The Point Resort has been purchased by a members-only club, the Everlands.
Membership to Everlands is by invitation only. Each Member pays a one-
time Membership fee, as well as annual Club dues. Everlands is owned
entirely by its Members, who own a pro rata equity interest in the Club
Membership Corporation. Everlands Members co-own the land, buildings, and
all real property, including furnishings, artwork, boats, floatplanes,
facilities, equipment, horses and livestock -- debt-free.
The Membership fee is $1 million, with early-in opportunities for
Founding Membership starting at $475,000. Annual dues of $40,000 cover all
amenities, such as world-class dining, fine beverages, local
transportation, and a broad array of sports instruction, equipment and
outdoor adventures -- all handled by dedicated "Experience Managers."
Members enjoy unlimited access to the properties, and bookings are made
simply on a first-come, first-served basis.
Yea, rich people!

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