>> WESTERN USA TIMESHARE NEWS:
SAN FRANCISCO: I assume you’re aware that in 2007 when posh hotel operator Ritz-Carlton redeveloped the historic Chronicle Building at 690 Market Street in roughly half of the project’s 106 units were to be condos and the other half structured as timeshare units which could be sold and managed by the Ritz-Carlton Destination Club. That came down to a total of 49 units to be allocated to the Club, to be sold via a deeded points system.
Well, nothing went quite as planned, partly due to the financial melt-down. Though initial sales were hot, by early 2008 both resale and sales office prices were tumbling and neither the condos nor the timeshares were flying off the shelves.
Sales of the residences are showing signs of revival, though, and Ritz-Carlton has decided the best way to go forward now is to convert 24 of the timeshare units into condos, increasing the number of full-fledged condos in the building from 57 to 81. That is what they’ve submitted to the Planning Commission, and a decision on the plan is expected when the commission meets later this month.
Is this a sign of the times or is it more or less significant only to this location?
TORRANCE: I’ve mentioned David and Cindy MacMillan before in reference to their many timeshare recovery/transfer/relief companies. You probably recognize the names, right? They’re the butter-wouldn’t-melt-in-their-mouths owners of companies like Timeshare Relief, Vacation Solutions; We Collect Timeshares; Apex Professionals; Timeshare Independence; Timeshare Rescue; Pacific Property Transfer and Timeshare Cure, among others. All told, according to an article in The Daily Breeze, the MacMillans run at least 18 timeshare transfer/resale companies out of their office building in Torrance.
In the past I’ve questioned why the MacMillans need so many companies doing the same thing if what they’re doing is truly on the up-and-up, and I’ve never come up with a satisfactory answer. Way back in 2010 the predecessor to this blog, Woody’s Roadkill Cafe, even gave the couple a Dead Skunk Award because “…they (and others in the same business) are Dead Skunks of the first aroma. PEEE-UW!.”
I’m about to give them a second Dead Skunk Award. According to that article, Shelli and Jeff Hananel forked over $3,750 to one of the MacMillan’s companies two years ago to divest them of their timeshare but guess what? They still own that timeshare and they’re still paying maintenance fees. And they’re not the only ones.
According to the BBB, more than 800 complaints have been filed about the MacMillans’ transfer companies and at least two state attorneys general have prosecuted them for fraud. For example, Vermont’s Attorney General filed a legal action against the company, the result of which is that Timeshare Relief was required to refund in excess of $91,000 to Vermont consumers. Click here to see the details.
The Daily Breeze article reports that “The MacMillans, who said they have facilitated more than 120,000 time share transfers, see themselves as modern day Robin Hoods”. Sure they do. Yeah, right. And pigs fly.
ANYhow, the couple began to branch out into other businesses a few years ago, all with the same aim of “helping people” dontcha know, and (now that the heat is turning up on their timeshare transfer business model) they are saying that because the evil timeshare industry “has declared holy jihad against them” they’ve decided to get out of the timeshare transfer business and focus on business-to-business services such as direct mail, digital marketing and online reputation management.
About four years ago they were already going forward with Credit Repair IQ (“…to be a leader in the credit repair industry by helping consumers”); and Merchant Solutions IQ (They knew millions of merchants would appreciate a simple, profitable method for processing credit cards and other merchant services).
Huh-boy! Look out below!
“If you haven’t got anything nice to say about anybody, come sit next to me.” -Alice Roosevelt Longworth
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