Case Study
The Ritz-Carlton Club – Jupiter, Florida
The Ritz-Carlton Club© – Jupiter, Florida In early 2012, the sellers of the Ritz-Carlton Club located in Jupiter, Florida made the decision to sell the Club to its members. At that time, the Club had a deposit liability of over $49,000,000 in refundable membership deposits. The sellers began negotiating the sale of the Club with the members. The sellers would maintain $29,000,000 in membership liability and the member