A lifelong entrepreneur, successful business owner, real estate developer, educator, and investor. Richard has always created win-win opportunities for his partners by creatively adding value to under-utilized assets.
Creating value and profits on the money you spend:
- Gold deal, collecting appreciating assets
- Program to take monthly expense money and invest it
Fractional ownership deals since the 1970’s
- Partnerships with Special Purpose Vehicles (SPV)
- Pacific Coast Stock Exchange - fractional first trust deed ownership (TrudyPat) in historical landmark (interest + equity kicker)
- Raised $300 million dollars to fund multiple land development projects by giving fractional interest in the first trust deeds
- Created the first “rights to use” reciprocal membership program with other resorts that added value to existing assets and eventually grew into the multi-billion dollar timeshare industry
- Membership Guarantee program for 4,000-acre Ahwahnee Estates and Country Club Resort (Adds Benefits Package)